Wednesday, June 13, 2012

Mobile payment registered user in China already exceeded 10 billion people.

According to the report by Eguan, mobile payment registered user in China already exceeded 10 billion people.

And its market share in the first quarter was as follows:





#1 Alipay   61.8%
#2 Tenpay  18.9%
#3 99bill    10.0%
#4 Yeepay    3.3%
#5 IPS         1.6%
#6 Chinabank 0.8%
#7 PayEase   0.9%






As you know, Alipay is a one of Alibaba group company as same as Taobao, their group still have strength in EC or related industry.

And Tenpay is a one of Tencent group company, I'm interested in the fusion of their social business and payment one in the future.


And the whole market share of payment was as follows in the first quarter:

















The third position of China Unionpay is also big company of payment industry.
And they announced they will accelerate their mobile solution recently, so we have to pay attention their action as ever too.


Original article => Eguan