Leading third-party internet payment providers in China 2023

Published by
Daniel Slotta,
May 30, 2024
As of the third quarter of 2023, Union Pay had a market share of over 26 percent in the third-party internet payment provider industry. The internet giants Alipay and Tencent only had a market share of 21 percent and 18 percent, respectively. In contrast, in the mobile payment market, they dominated 90 percent of the segment.

Market share of leading third-party online payment providers in China in 3rd quarter of 2023

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Release date

December 2023

Region

China

Survey time period

Q3 2023

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Statistics on " Digital payments in China "

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Other statistics that may interest you Digital payments in China

General overview

4

Online payments

3

Mobile payments

6

User perspective

6

Special focus: cross border payments

4

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Topics

Digital payments in ChinaMobile payments with digital walletsMobile payments in the United StatesDigital payments in IndiaE-Commerce in China
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