According to a mobile payment survey conducted in 2023, transactions of under 100 yuan accounted for over 60 percent of total mobile payment transactions in China. Compared to the previous year, the distribution of transaction value had shifted towards smaller payments. The same survey found that around 85 percent of respondents stated that they used mobile payments every day.
Average transaction value of mobile payments in China in 2023
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Payment & Clearing Association of China. (April 16, 2024). Average transaction value of mobile payments in China in 2023 [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/
Payment & Clearing Association of China. "Average transaction value of mobile payments in China in 2023." Chart. April 16, 2024. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/
Payment & Clearing Association of China. (2024). Average transaction value of mobile payments in China in 2023. Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/
Payment & Clearing Association of China. "Average Transaction Value of Mobile Payments in China in 2023." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/
Payment & Clearing Association of China, Average transaction value of mobile payments in China in 2023 Statista, https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/ (last visited November 16, 2024)
Average transaction value of mobile payments in China in 2023 [Graph], Payment & Clearing Association of China, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1244226/china-transaction-value-of-individual-mobile-payments/