China’s Alipay Reported 546% Wireless Payment Growth In 2012; Tibetan City Tops Ranking

News Source: ChinaTechNews.com

Chinese third-party Internet payment service provider Alipay.com has published its report showing that the mobile payment service developed rapidly in China in 2012 with 546% year-on-year growth by trading value; and the number of people who used this service increased by 223%.

According to Alipay, it has gradually become a habit for Chinese users to pay via mobile phones. In 2012, over 4.3 million people spent more money via mobile phones than PCs.

By regions, Shanghai, Beijing and Chengdu have the most Alipay users. However, small- and medium-sized cities have more mobile payment users.

By the ratio of mobile payments out of all payments completed on Alipay, Lhasa in Tibet ranked first, followed by Nyingchi in Tibet and Nanchong in Sichuan. In addition, among the top ten Chinese cities which have the most active mobile payment users...



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