Alibaba and Tencent controlled over 40 percent of the Chinese mobile payment market in the fourth quarter of 2022. Union Pay Merchant Service is a third-party payment processing service that also processes payments from other third-party payment providers. For instance, their payment terminals were used in shops and restaurants.
Market share of leading third-party mobile payment providers in China in 4th of 2022
Note 1: Union Pay Merchant Service is a third-party payment processing service, which also processes payments from other third-party payment providers.
Note 2: During the period, Analysys does not rule out fine-tuning historical data based on the latest market conditions, and some companies are not covered.
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Analysys. (March 30, 2023). Market share of leading third-party mobile payment providers in China in 4th of 2022 [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/
Analysys. "Market share of leading third-party mobile payment providers in China in 4th of 2022." Chart. March 30, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/
Analysys. (2023). Market share of leading third-party mobile payment providers in China in 4th of 2022. Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/
Analysys. "Market Share of Leading Third-party Mobile Payment Providers in China in 4th of 2022." Statista, Statista Inc., 30 Mar 2023, https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/
Analysys, Market share of leading third-party mobile payment providers in China in 4th of 2022 Statista, https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/ (last visited November 25, 2024)
Market share of leading third-party mobile payment providers in China in 4th of 2022 [Graph], Analysys, March 30, 2023. [Online]. Available: https://www.statista.com/statistics/323473/china-leading-third-party-mobile-payment-providers/
