China third party payment market report Part 1 – Alipay

No. 1 Alipay Url: https://www.alipay.com/ 1. Brief introduction: Alipay.com Co.,Ltd (AliPay) is China’s leading online payment service by both number of users and total transaction volume. A member of the Alibaba Group, it enables individuals and businesses to securely, easily and quickly send and receive payments online. AliPay works like an escrow service, solving the […]

China online and offline payment strategy

Offline bank transfer is still the primary payment option in China. But people gradually get used to online payment, mobile payment and telephone payment. For online payment, we will mainly discuss E-banking, online third party payment and online credit card payment. For offline payment, other than offline bank transfer, we will look at mobile payment […]