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In-Depth Research and Forecast of China Third-Party Payment Market, 2013-2017


News provided by

Research and Markets

14 Apr, 2014, 11:59 GMT

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Research and Markets Logo. (PRNewsFoto/PR NEWSWIRE EUROPE)

DUBLIN, April 14, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/frvs3n/indepth_research) have announced the addition of the "In-Depth Research and Forecast of China Third-Party Payment Market, 2013-2017" report to their offering. 

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

After ten years' development, China's third-party payment industry is gradually developing into a mature and growing industry compliance with industry standards. As of 2012, transaction scale of China's third-party payment registered CNY 12.9 trillion, maintaining a good growth trend with growth rate of 54.2% compared to 2011. Growth will slow down and market will maintain a sound and stable development trend. From the perspective of transaction scale, offline acceptance business occupied the largest proportion of 68.8% in 2012; the secondary was internet payment accounting for 28.3%; mobile payment accounted for 1.2%. 

Among third-party payment industry, bank card acceptance business and internet payment are two major businesses as for transaction scale; prepaid card distribution and acceptance give priority to local business, nationwide enterprises under the scope of such business only account for one fifth of the total prepaid card distribution and acceptance enterprises; business scales of mobile phone payment is still on the development stage, current transaction scale of third-party payment only have a small proportion.

UnionPay took a lead with 45.9% of market shares in 2012, Alipay followed by its absolute advantage in internet payment area, ChinaPNR, ALL IN PAY and Tenpay ranked in the third, fourth and fifth respectively. 

From geographical distribution, China's third-party payment enterprises have covered 28 provinces and cities which mainly locate in coastal areas, and third-party payment enterprises with licenses primarily concentrated on developed regions such as Shanghai, Beijing and Guangzhou etc. 

Key Topics Covered: 

1. Overview of Third-Party Payment

2. Industry Development of Global Third-Party Payment 

3. Development Environment of China's Third-Party Payment Market

4. Development Status of China's Third-Party Payment Industry

5. Market Segment of China's Third-Party Payment Industry

6. Competition Pattern of China's Third-Party Payment Industry

7. Application Areas of China's Third-Party Payment

8. Major Enterprises of China's Third-Payment Industry

9. Development Trend and Investment Suggestions


Companies Mentioned: 

  • Alipay
  • Tenpay
  • 99Bill
  • China UnionPay
  • Chinabank Payments

For more information visit http://www.researchandmarkets.com/research/frvs3n/indepth_researc

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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