Chinese mobile payment volumes top US$3tn in Q2 2017

3. October 2017.

“In the second quarter of 2017, third-party mobile payment transactions amounted to 23tn yuan (about US$3.46tn), up 22.5% from the previous quarter… Alipay, Alibaba’s mobile payment service, led the market with a 53.7% share, followed by Tencent Finance, with a 39.1% share.”

Read the rest of Chinese mobile payment volumes top US$3tn in Q2 2017 at NFC World.

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