China's mobile-payment users reach 583 mln in 2018

[beijingwalker]

China's mobile-payment users reach 583 mln in 2018
Source: Xinhua| 2019-03-03 10:19:53|Editor: Liangyu
BEIJING, March 3 (Xinhua) -- About 583 million people used mobile payment in China in 2018, up 10.7 percent over 2017, according to a report from the China Internet Network Information Center (CNNIC).

A total of 600 million people used online payment in 2018, up 13 percent year on year, said the statistical report from the CNNIC, published earlier this week.

When people shopped offline, they also preferred to use mobile wallets. About 67.2 percent of China's Internet users used mobile payments offline, up from 65.2 percent in 2017.

About 406 million people ordered food online, 18.2 percent up over 2017, 397 million of whom did it on mobiles, up 23.2 percent year on year.

China-based online payment platforms extended their business beyond the border. Alipay and WeChat pay, two leading ones, have been used in more than 40 foreign countries and regions respectively, while some Chinese firms launched local mobile wallets in nine Asian countries and regions.

China's Internet users totaled 829 million at the end of last year, up 7.3 percent from the previous year.
http://www.xinhuanet.com/english/2019-03/03/c_137864681.htm

 

[lcloo]

I am getting worry if the next time I go to China, and no body wants to accept cash payment. I am not China national so I can't open an account for mobile payment. How I wish there is a temporary mobile payment system for tourists and foreigners staying for short period of time in China.

 

[beijingwalker]

I am getting worry if the next time I go to China, and no body wants to accept cash payment. I am not China national so I can't open an account for mobile payment. How I wish there is a temporary mobile payment system for tourists and foreigners staying for short period of time in China.

Very likely, especially for young people, many have already forgotten what Chinese money look like, lol..

 

[samsara]

I am getting worry if the next time I go to China, and no body wants to accept cash payment. I am not China national so I can't open an account for mobile payment. How I wish there is a temporary mobile payment system for tourists and foreigners staying for short period of time in China.

I do believe my renminbi notes will still be accepted when I make (offline) purchases in China... at least in our lifetime, cash will still remain to be cash as it is. I have more worry that the value of RMB is keep increasing against mine so prices there are becoming more and more costly for me… However, compared to the (indecent) prices in the ME (such as in Doha) and Europe (the whole Europe, from Western and Central to Eastern then to the Balkan regions; Eurozone or not, all are expensive!!), the prices in China are still much cheaper, from food to various goods!