Market Concentration

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2014 third party mobile payment market transaction size reached 5,992,470,000,000 yuan

Beijing Times News (reporter Ma Wenting) According to the latest statistics released by Iresearch Eric, 2014, the third party mobile payment market volume reached 5,992,470,000,000 yuan, 391.3% growth than 2013, continue to show a higher growth. According to Iris forecasts, the 2018 mobile payment market transaction size or will be more than 18 trillion. The data shows that last year Alipay (82.3%) and Tenpay (10.6%) Two companies still occupy the market with an overwhelming advantage of the super 90% share, making the market concentration more ...

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