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China market: Third-party e-payments top CNY1.5 trillion in 3Q13, says Analysys

Adam Hwang, DIGITIMES, Taipei
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In the China market, third-party e-payment services generated a total transaction value of CNY1.509 trillion (US$245 billion) in third quarter of 2013, rising 12.5% on quarter and 54.6% on year, according to China-based consulting company Analysys International.

Analysys: China leading 3rd-party e-payment platforms by transaction value, 3Q13

Platform

Market share

Alipay

46.6%

TenPay

18.5%

e-unionpay

8.4%

99Bill

6.5%

China PnR

5.9%

ChinaPay

5.6%

YeePay

3.2%

IPS

2.4%

Source: Analysys, compiled by Digitimes, November 2013