Of all the users of mobile payments, around 99.8% use them daily, ranging from one up to three usages per day (54.9%) up to more than 10 usages per day. It is predicted that by the end of 2022 digital payments value in the country will reach 3.5 trillion dollars, putting the country as a leader, with the United States and its 1.8 trillion dollars following China’s footsteps.Ĭhinese people use mobile payment platforms to pay in restaurants or for food delivery, to pay for shopping online and offline, but also to pay their bills or to pay for the services they use. According to Daxue Consulting, there were more than 903.6 million mobile payment users in 2021, which is 64% of the whole Chinese population. Mobile payments in China are something that has been used long before we started digital payments in the West. An overview of the digital payments landscape in China In this blog post, we will explain the phenomenon of online and mobile payments in China and present the most popular mobile payment platforms, that are important to know if you’re aiming to do business in the Chinese market. Nearly 80% of Chinese urban shoppers use mobile payment systems in most of their payment transactions. In contrast to Western countries, where we are just starting to get used to digital payments, people in Mainland China are more accustomed to using mobile payment methods than paying with debit cards. And there are a lot of different ways to pay with your phone over there. ![]() In fact, options like Alipay and WeChat Pay, which are the leaders in mobile payment services, have been around for much longer than we’ve had Apple Pay or Android Pay in the US. In China, mobile payments are all the rage.
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