300 M Users, 190 M Wallet Downloads...that's the entire US population....55% of total transactions came from five of China’s most developed provinces....cities like Beijing, Shanghai and Guangzhou accounting for 24 to 29 percent of overall transactions.
As per a recent report by Alipay, 54% of the total transactions on Alipay, during the first ten months of this year, were from mobile devices. The Alibaba-backed payments service handles more than 80 million transactions per day. Last year, mobile oriented transactions had accounted for only 22% of all the payments. Alipay has over 300 million registered users and over 190 million downloads of its wallet app. This year, China witnessed mobile internet access overtaking desktop internet access as well.