China Third-Party Payment Industry Report, 2015
The third-party payment industry led by internet payment, mobilepayment, prepaid card, POS (Point of Sale), etc. has continued to flourish since 2014, with market transaction scale hitting RMB23.3 trillion, a year-on-year increase of 35.47%, and 270 licensed companies (as of April 10, 2015), of which, Beijing has the largest number of 58.
Third-party payment industry in China in the process of continuous development characterizes the followings:
Market segments perform differently: offline acquiring market shrinks while mobile payment marketbooms. In 2014, China’s third-party offline acquiring market transaction scale dropped by 11.65% year on year, to RMB9.1 trillion. The tightening of regulatory policy towards third-party payment advanced the rectification of traditional offline acquiring market – a primary cause of shrinkage in the offline acquiring market. In the same year, China’s third-party mobile payment market size reached RMB5.99247 trillion, soaringby 391.3% year on year, accounting for 25.72% of total transaction scale of third-party payment market (1.30% in 2009).
20120114.gifThird-party payment companies deepen the internet finance industry layout: represented by Alipay. On October 16, 2014, Zhejiang Ant Small & Micro Financial Services Group (Ant Financial) was established, in the possession of Alipay, Alipay Wallet, Yu Ebao, ZhaoCaiBao, Ant MicroCredit, Sesame Credit, etc.
20120114.gifMore acquisitions will happen in third-party payment industry: there are 270 licensed companies in China’s third-party payment market – a relatively saturated state no matter from the regulator's attitude in licensing or from the competition pattern. We can expect that acquisition will be an important way to break the pattern of market competition in the future.
At the end of 2014, China Wanda Group and 99Bill signed a strategic investment agreement, the former purchased a 68.7% stake in the latter at a price of USD315 million (about RMB2 billion) to step into internet finance.
The report highlights the followings:
1. Environment for the development of third-party payment industry in China, including policy environment, economic environment, technical environment, and social environment;
2. Analysis of user attribute and user behaviors in internet payment and mobile payment markets;
3. Development history, market scale, market structure and competition pattern of third-party payment industry in China;
4. Analysis of third-party payment market segments e.g. offline acquiring, internet payment, mobile payment and cross-border payment;
5. Analysis of 6 group-operated third-party payment companies in China, covering their developmenthistory, operation, business layout, partners, development strategy, etc.;
6. Analysis of 9 independently-operated third-party payment companies in China, including their development course, operation, business layout, partners, development strategy, etc.;
7. Analysis of 3 third-party payment companies owned by telecom operators in China, involving their development history, operation, business layout, partners, development strategy, etc.
Third-party payment industry in China in the process of continuous development characterizes the followings:
Market segments perform differently: offline acquiring market shrinks while mobile payment marketbooms. In 2014, China’s third-party offline acquiring market transaction scale dropped by 11.65% year on year, to RMB9.1 trillion. The tightening of regulatory policy towards third-party payment advanced the rectification of traditional offline acquiring market – a primary cause of shrinkage in the offline acquiring market. In the same year, China’s third-party mobile payment market size reached RMB5.99247 trillion, soaringby 391.3% year on year, accounting for 25.72% of total transaction scale of third-party payment market (1.30% in 2009).
20120114.gifThird-party payment companies deepen the internet finance industry layout: represented by Alipay. On October 16, 2014, Zhejiang Ant Small & Micro Financial Services Group (Ant Financial) was established, in the possession of Alipay, Alipay Wallet, Yu Ebao, ZhaoCaiBao, Ant MicroCredit, Sesame Credit, etc.
20120114.gifMore acquisitions will happen in third-party payment industry: there are 270 licensed companies in China’s third-party payment market – a relatively saturated state no matter from the regulator's attitude in licensing or from the competition pattern. We can expect that acquisition will be an important way to break the pattern of market competition in the future.
At the end of 2014, China Wanda Group and 99Bill signed a strategic investment agreement, the former purchased a 68.7% stake in the latter at a price of USD315 million (about RMB2 billion) to step into internet finance.
The report highlights the followings:
1. Environment for the development of third-party payment industry in China, including policy environment, economic environment, technical environment, and social environment;
2. Analysis of user attribute and user behaviors in internet payment and mobile payment markets;
3. Development history, market scale, market structure and competition pattern of third-party payment industry in China;
4. Analysis of third-party payment market segments e.g. offline acquiring, internet payment, mobile payment and cross-border payment;
5. Analysis of 6 group-operated third-party payment companies in China, covering their developmenthistory, operation, business layout, partners, development strategy, etc.;
6. Analysis of 9 independently-operated third-party payment companies in China, including their development course, operation, business layout, partners, development strategy, etc.;
7. Analysis of 3 third-party payment companies owned by telecom operators in China, involving their development history, operation, business layout, partners, development strategy, etc.
1. ENVIRONMENT FOR DEVELOPMENT OFTHIRD-PARTY PAYMENT MARKET
1.1 Definition
1.2 Policy Environment
1.2.1 Relevant Policies
1.2.2 License Issuance
1.3 Economic Environment
1.4 Technical Environment
1.5 Social Environment
1.5.1 NetizenScale
1.5.2 Mobile NetizenScale
1.5.3 Online-shopping Market Scale
2. ANALYSIS OF THIRD-PARTY PAYMENT INDUSTRY USERS
2.1 Internet Payment
2.1.1 User Attribute
2.1.2 User Behaviors
2.2 Mobile Payment
2.2.1 User Attribute
2.2.2 User Behaviors
2.2.3 AlipayUsers vs. WeChat Payment Users
3. MARKET ANALYSIS OF THIRD-PARTY PAYMENT INDUSTRY
3.1 Development History
3.2 Market Scale
3.3 Competition Pattern
3.3.1 Number and Business Type of Enterprises
3.3.2 Market Shares
3.3.3 Deepening of Internet Finance Industry Layout
3.3.4 More Industries Setting Foot in Third-party Payment
4. ANALYSIS OF THIRD-PARTY PAYMENT MARKET SEGMENTS
4.1 Offline Acquiring
4.1.1 Development Background
4.1.2 Market Scale
4.1.3 Trends
4.2 Internet Payment
4.2.1 Market Scale
4.2.2 Market Structure
4.2.3 Competition Pattern
4.3 Mobile Payment
4.3.1 Definitions
4.3.2 Industrial Chain
4.3.3 Development Environment
4.3.4 Market Scale
4.3.5 Market Structure
4.3.6 Competition Pattern
4.3.7Trends
4.4 Cross-border Payment
4.4.1 Definitions
4.4.2 Policies
4.4.3 Market Development
5. ANALYSIS OF GROUP-OPERATED COMPANIES
5.1 Overview
5.2 Alipay
5.2.1 Profile
5.2.2 Development History
5.2.3 Operation
5.2.4 Mobile Payment
5.2.5 Partners
5.2.6 Establishment of Ant Financial
5.3 China UMS
5.3.1 Profile
5.3.2 Partners
5.3.3 Mobile Payment
5.3.4 Marching into Internet Personal Finance
5.4 ChinaPay
5.5 China TV Pay
5.6 Tenpay
5.6.1 Profile
5.6.2 Development History
5.6.3 WeChat Payment
5.6.4 Partners
5.6.5 TenPay Insurance Supermarket Closed
5.6.6 Establishment of Tenpay Internet Microfinance
5.7 99Bill
5.7.1 Profile
5.7.2 Development History
5.7.3 Partners
5.7.4 Wanda's Acquisition
5.7.5 Deepening of Internet Finance Industry Layout
5.8 SWOT Analysis
6. ANALYSIS OF INDEPENDENTLY-OPERATED COMPANIES
6.1 ChinaPnR
6.1.1 Profile
6.1.2 Payment Business
6.1.3 Development History
6.1.4 Partners
6.1.5Transition into Comprehensive Finance
6.2 YeePay
6.2.1 Profile
6.2.2 Development History
6.2.3 Partners
6.2.4 Development Strategy
6.2.5 M&A of AndPay.me for Mobile Payment Business Development
6.3 IPS
6.3.1 Profile
6.3.2 Development History
6.3.3 Partners
6.4 Lakala
6.4.1 Profile
6.4.2 Development History
6.4.3 Operation
6.4.4 Mobile Payment
6.4.5 Partners
6.4.6 Deepening of Internet Finance Layout
6.5 UMPay
6.5.1 Profile
6.5.2 Development History
6.5.3 Partners
6.6 Qiandai
6.7 LianLianPay
6.8 PinganPay
6.9 Smartpay
6.10 SWOT Analysis
7. ANALYSIS OF TELECOM OPERATOR’S COMPANIES
7.1 CMPAY
7.1.1 Profile
7.1.2 Payment Business
7.1.3 Development History
7.1.4 Partners
7.1.5 Strategic Goal
7.1.6 Layout of Overseas Shopping Payment
7.2 Bestpay
7.2.1 Profile
7.2.2 Development History
7.2.3 Partners
7.3 EPAY
7.4 SWOT Analysis
8. MARKET SUMMARY AND FORECAST
8.1 Market Summary
8.2 Trends
8.3 Overall Forecast
8.4 Market Segment Forecast
8.4.1 Offline Acquiring
8.4.2 Internet Payment
8.4.3 Mobile Payment
1.1 Definition
1.2 Policy Environment
1.2.1 Relevant Policies
1.2.2 License Issuance
1.3 Economic Environment
1.4 Technical Environment
1.5 Social Environment
1.5.1 NetizenScale
1.5.2 Mobile NetizenScale
1.5.3 Online-shopping Market Scale
2. ANALYSIS OF THIRD-PARTY PAYMENT INDUSTRY USERS
2.1 Internet Payment
2.1.1 User Attribute
2.1.2 User Behaviors
2.2 Mobile Payment
2.2.1 User Attribute
2.2.2 User Behaviors
2.2.3 AlipayUsers vs. WeChat Payment Users
3. MARKET ANALYSIS OF THIRD-PARTY PAYMENT INDUSTRY
3.1 Development History
3.2 Market Scale
3.3 Competition Pattern
3.3.1 Number and Business Type of Enterprises
3.3.2 Market Shares
3.3.3 Deepening of Internet Finance Industry Layout
3.3.4 More Industries Setting Foot in Third-party Payment
4. ANALYSIS OF THIRD-PARTY PAYMENT MARKET SEGMENTS
4.1 Offline Acquiring
4.1.1 Development Background
4.1.2 Market Scale
4.1.3 Trends
4.2 Internet Payment
4.2.1 Market Scale
4.2.2 Market Structure
4.2.3 Competition Pattern
4.3 Mobile Payment
4.3.1 Definitions
4.3.2 Industrial Chain
4.3.3 Development Environment
4.3.4 Market Scale
4.3.5 Market Structure
4.3.6 Competition Pattern
4.3.7Trends
4.4 Cross-border Payment
4.4.1 Definitions
4.4.2 Policies
4.4.3 Market Development
5. ANALYSIS OF GROUP-OPERATED COMPANIES
5.1 Overview
5.2 Alipay
5.2.1 Profile
5.2.2 Development History
5.2.3 Operation
5.2.4 Mobile Payment
5.2.5 Partners
5.2.6 Establishment of Ant Financial
5.3 China UMS
5.3.1 Profile
5.3.2 Partners
5.3.3 Mobile Payment
5.3.4 Marching into Internet Personal Finance
5.4 ChinaPay
5.5 China TV Pay
5.6 Tenpay
5.6.1 Profile
5.6.2 Development History
5.6.3 WeChat Payment
5.6.4 Partners
5.6.5 TenPay Insurance Supermarket Closed
5.6.6 Establishment of Tenpay Internet Microfinance
5.7 99Bill
5.7.1 Profile
5.7.2 Development History
5.7.3 Partners
5.7.4 Wanda's Acquisition
5.7.5 Deepening of Internet Finance Industry Layout
5.8 SWOT Analysis
6. ANALYSIS OF INDEPENDENTLY-OPERATED COMPANIES
6.1 ChinaPnR
6.1.1 Profile
6.1.2 Payment Business
6.1.3 Development History
6.1.4 Partners
6.1.5Transition into Comprehensive Finance
6.2 YeePay
6.2.1 Profile
6.2.2 Development History
6.2.3 Partners
6.2.4 Development Strategy
6.2.5 M&A of AndPay.me for Mobile Payment Business Development
6.3 IPS
6.3.1 Profile
6.3.2 Development History
6.3.3 Partners
6.4 Lakala
6.4.1 Profile
6.4.2 Development History
6.4.3 Operation
6.4.4 Mobile Payment
6.4.5 Partners
6.4.6 Deepening of Internet Finance Layout
6.5 UMPay
6.5.1 Profile
6.5.2 Development History
6.5.3 Partners
6.6 Qiandai
6.7 LianLianPay
6.8 PinganPay
6.9 Smartpay
6.10 SWOT Analysis
7. ANALYSIS OF TELECOM OPERATOR’S COMPANIES
7.1 CMPAY
7.1.1 Profile
7.1.2 Payment Business
7.1.3 Development History
7.1.4 Partners
7.1.5 Strategic Goal
7.1.6 Layout of Overseas Shopping Payment
7.2 Bestpay
7.2.1 Profile
7.2.2 Development History
7.2.3 Partners
7.3 EPAY
7.4 SWOT Analysis
8. MARKET SUMMARY AND FORECAST
8.1 Market Summary
8.2 Trends
8.3 Overall Forecast
8.4 Market Segment Forecast
8.4.1 Offline Acquiring
8.4.2 Internet Payment
8.4.3 Mobile Payment
SELECTED CHARTS
Interpretation of Third-party Payment Regulatory Policy
Policies on Third-Party Payment Industry in China, 2010-2015
List of Companies with Payment Business License (as of Apr. 10, 2015)
List of 17 Companies with Cross-border Payment Business License
China’s GDP YoY, 1999-2014
China’s CPI YoY, 1990-2015
China’s Netizen Scale and Internet Penetration, 2008-2014
China’s Mobile Netizen Scale and % of Total Netizens, 2007-2014
Transaction Scale of China’s Online-shopping Market, 2008-2014
Regional Structure of Internet Payment Users in China, 2013
Age Structure of Internet Payment Users in China, 2013
Education Structure of Internet Payment Users in China, 2013
Payment Types of Internet Payment Users in China, 2013
Expected Payment Types of Internet Payment Users in China, 2014
Gender and Age Structure of Mobile Payment Users in China, 2013
Regional Structure of Mobile Payment Users in China, 2013
Usage Scenario of Mobile Payment Users in China, 2013
Expected Payment Types of Mobile Payment Users in China, 2013
Gender and Age Structure of Users of WeChat Payment and Alipay Wallet in China, 2013
Regional Structure of Users of WeChat Payment and Alipay Wallet in China, 2013
Chinese Netizen’s Safety Evaluation for Wechat Payment, 2013
Chinese Netizen’s Safety Evaluation for Alipay Wallet, 2013
Development History of Third-party Payment Industry in China
Transaction Scale of China's Third-party Payment Industry, 2009-2014
Proportions of Internet Payment, Mobile Payment and Offline Acquiring by Transaction, 2009-2014
Business Types Contrast of Third-party Payment in China
Regional Structure of Third-party Payment Companies in China (as of April 10, 2015)
Market Share of Third-party Payment Companies in China (by Transaction), 2013
Layout of Third-party Payment Companiesin China Internet Finance
Industries Setting Foot in Third-party Payment
YoY Change of Issuing Quantity of Bank Card and Credit Card in China, 2007-2014
Issuing Quantity of Bank Card and Credit Card in China, 2006-2014
Transaction Volume of Third-party Offline Acquiring in China, 2009-2014
Transaction Volume Structure of Third-party Offline Acquiring in China, 2009-2014
Transaction Volume of China's Third-party Internet Payment, 2009-2014
Transaction Volume Structure of Third-party Internet Payment in China, 2013-2014
Market Share of Third-partyInternet Payment in China (by Transaction Volume), 2014
Definition of Mobile Payment
Industrial Chain of Mobile Payment
Development History of Mobile Internet Technology in China
Ownership Volume and Penetration Rate of Smartphone in China, 2010-2017E
Transaction Volume of China's Third-party Mobile Payment, 2009-2014 (Unit: RMB billion)
Transaction Volume Structure of China's Third-party Mobile Payment (by Business Types), 2013-2014
Market Share of Third-party Mobile Payment in China (by Transaction Volume), 2014
Quarterly Growth of Users Quantity of WeChat Payment and QQ Wallet, 2014
Definition of Cross-border Payment
Policies on China Cross-border Payment Industry
Layout of Third-party Payment Companiesin China Cross-border Payment
Payment Subsidiaries of China UnionPay
Payment System of China UnionPay
Basic Information of Alipay's Business License
Alipay's Shareholders before and after Equity Transfer
Development History of Alipay
Transaction Volume of Alipay on November 11, 2009-2014
Development Historyof Mobile Payment of Alipay
Mobile Payment System of Alipay
Bank Partners of Alipay
Overseas Partners of Alipay
Other Partners of Alipay
Social Cooperation Partners of Alipay
Members of Ant Financial
Basic Information of China UMS’ Business License
Bank Partners of China UMS
Client Partners of China UMS
Third-party Institution Partner of China UMS
Shareholders of China TV Pay
Partners of China TV Pay
Basic Information of Tenpay’s Business License
Equity Structure of Tenpay
Development History of Tenpay
Users Quantity of WeChat Payment and QQ Wallet, 2013-2014
Cooperation Types and Partners of Tenpay
Basic Information of 99Bill’s Business License
Development History of 99Bill
Industry Partners of 99Bill
Cooperative Banks of 99Bill
SWOT of Group-operated Companies
Business Scale of ChinaPnR
Basic Information of ChinaPnR’s Business License
Business Systems of ChinaPnR
Development Historyof ChinaPnR
Partners of ChinaPnR
Basic Information of YeePay’s Business License
Development Historyof YeePay
Industry Partners of YeePay
Bank Partners of YeePay
Basic Information of IPS’s Business License
Business Distribution of IPS
Development History of IPS
Cooperating Agencies of IPS
Cooperation Merchants of IPS
Basic Information of Lakala’s Business License
Development History of Lakala
Transaction Volume of Lakala, 2008-2014
Development Historyof Mobile Payment of Lakala, 2013-2014
Partners of Lakala
Basic Information of UMPay’s Business License
Development History of UMPay
Partners of UMPay
Basic Information of Qiandai’s Business License
Partners of Qiandai
Basic Information of LianLianPay’s Business License
Basic Information of Pingan Pay’s Business License
Partners of PinganPay
Basic Information of Smartpay’s Business License
Partners of Smartpay
Business Scale of Smartpay
SWOT of Independently-operated Companies
Basic Information of CMPAY’s Business License
Development History of CMPAY
Partners of CMPAY
Development Goal of CMPAY
Basic Information of Bestpay's Business License
Main Operating Data of Bestpay, 2011-2014
Development History of Bestpay
Partners of Bestpay
Basic Information of EPAY's Business License
Partners of EPAY
SWOT of Telecom Operator’sCompanies
Main Operational Data of China Third-Party Payment Industry, 2014
Transaction Scale of China Third-party Payment Market, 2015-2017E
Transaction Scale Structure of China Third-party Payment Market, 2015-2017E
Transaction Scale of China Third-party Offline Acquiring Market, 2015-2017E
Transaction Scale Structure of China Third-party Offline Acquiring Market, 2015-2017E
Transaction Scale of China Third-party Internet Payment Market, 2015-2017E
Transaction Scale of China Third-party Mobile Payment Market, 2015-2017E
Interpretation of Third-party Payment Regulatory Policy
Policies on Third-Party Payment Industry in China, 2010-2015
List of Companies with Payment Business License (as of Apr. 10, 2015)
List of 17 Companies with Cross-border Payment Business License
China’s GDP YoY, 1999-2014
China’s CPI YoY, 1990-2015
China’s Netizen Scale and Internet Penetration, 2008-2014
China’s Mobile Netizen Scale and % of Total Netizens, 2007-2014
Transaction Scale of China’s Online-shopping Market, 2008-2014
Regional Structure of Internet Payment Users in China, 2013
Age Structure of Internet Payment Users in China, 2013
Education Structure of Internet Payment Users in China, 2013
Payment Types of Internet Payment Users in China, 2013
Expected Payment Types of Internet Payment Users in China, 2014
Gender and Age Structure of Mobile Payment Users in China, 2013
Regional Structure of Mobile Payment Users in China, 2013
Usage Scenario of Mobile Payment Users in China, 2013
Expected Payment Types of Mobile Payment Users in China, 2013
Gender and Age Structure of Users of WeChat Payment and Alipay Wallet in China, 2013
Regional Structure of Users of WeChat Payment and Alipay Wallet in China, 2013
Chinese Netizen’s Safety Evaluation for Wechat Payment, 2013
Chinese Netizen’s Safety Evaluation for Alipay Wallet, 2013
Development History of Third-party Payment Industry in China
Transaction Scale of China's Third-party Payment Industry, 2009-2014
Proportions of Internet Payment, Mobile Payment and Offline Acquiring by Transaction, 2009-2014
Business Types Contrast of Third-party Payment in China
Regional Structure of Third-party Payment Companies in China (as of April 10, 2015)
Market Share of Third-party Payment Companies in China (by Transaction), 2013
Layout of Third-party Payment Companiesin China Internet Finance
Industries Setting Foot in Third-party Payment
YoY Change of Issuing Quantity of Bank Card and Credit Card in China, 2007-2014
Issuing Quantity of Bank Card and Credit Card in China, 2006-2014
Transaction Volume of Third-party Offline Acquiring in China, 2009-2014
Transaction Volume Structure of Third-party Offline Acquiring in China, 2009-2014
Transaction Volume of China's Third-party Internet Payment, 2009-2014
Transaction Volume Structure of Third-party Internet Payment in China, 2013-2014
Market Share of Third-partyInternet Payment in China (by Transaction Volume), 2014
Definition of Mobile Payment
Industrial Chain of Mobile Payment
Development History of Mobile Internet Technology in China
Ownership Volume and Penetration Rate of Smartphone in China, 2010-2017E
Transaction Volume of China's Third-party Mobile Payment, 2009-2014 (Unit: RMB billion)
Transaction Volume Structure of China's Third-party Mobile Payment (by Business Types), 2013-2014
Market Share of Third-party Mobile Payment in China (by Transaction Volume), 2014
Quarterly Growth of Users Quantity of WeChat Payment and QQ Wallet, 2014
Definition of Cross-border Payment
Policies on China Cross-border Payment Industry
Layout of Third-party Payment Companiesin China Cross-border Payment
Payment Subsidiaries of China UnionPay
Payment System of China UnionPay
Basic Information of Alipay's Business License
Alipay's Shareholders before and after Equity Transfer
Development History of Alipay
Transaction Volume of Alipay on November 11, 2009-2014
Development Historyof Mobile Payment of Alipay
Mobile Payment System of Alipay
Bank Partners of Alipay
Overseas Partners of Alipay
Other Partners of Alipay
Social Cooperation Partners of Alipay
Members of Ant Financial
Basic Information of China UMS’ Business License
Bank Partners of China UMS
Client Partners of China UMS
Third-party Institution Partner of China UMS
Shareholders of China TV Pay
Partners of China TV Pay
Basic Information of Tenpay’s Business License
Equity Structure of Tenpay
Development History of Tenpay
Users Quantity of WeChat Payment and QQ Wallet, 2013-2014
Cooperation Types and Partners of Tenpay
Basic Information of 99Bill’s Business License
Development History of 99Bill
Industry Partners of 99Bill
Cooperative Banks of 99Bill
SWOT of Group-operated Companies
Business Scale of ChinaPnR
Basic Information of ChinaPnR’s Business License
Business Systems of ChinaPnR
Development Historyof ChinaPnR
Partners of ChinaPnR
Basic Information of YeePay’s Business License
Development Historyof YeePay
Industry Partners of YeePay
Bank Partners of YeePay
Basic Information of IPS’s Business License
Business Distribution of IPS
Development History of IPS
Cooperating Agencies of IPS
Cooperation Merchants of IPS
Basic Information of Lakala’s Business License
Development History of Lakala
Transaction Volume of Lakala, 2008-2014
Development Historyof Mobile Payment of Lakala, 2013-2014
Partners of Lakala
Basic Information of UMPay’s Business License
Development History of UMPay
Partners of UMPay
Basic Information of Qiandai’s Business License
Partners of Qiandai
Basic Information of LianLianPay’s Business License
Basic Information of Pingan Pay’s Business License
Partners of PinganPay
Basic Information of Smartpay’s Business License
Partners of Smartpay
Business Scale of Smartpay
SWOT of Independently-operated Companies
Basic Information of CMPAY’s Business License
Development History of CMPAY
Partners of CMPAY
Development Goal of CMPAY
Basic Information of Bestpay's Business License
Main Operating Data of Bestpay, 2011-2014
Development History of Bestpay
Partners of Bestpay
Basic Information of EPAY's Business License
Partners of EPAY
SWOT of Telecom Operator’sCompanies
Main Operational Data of China Third-Party Payment Industry, 2014
Transaction Scale of China Third-party Payment Market, 2015-2017E
Transaction Scale Structure of China Third-party Payment Market, 2015-2017E
Transaction Scale of China Third-party Offline Acquiring Market, 2015-2017E
Transaction Scale Structure of China Third-party Offline Acquiring Market, 2015-2017E
Transaction Scale of China Third-party Internet Payment Market, 2015-2017E
Transaction Scale of China Third-party Mobile Payment Market, 2015-2017E
