| Product Code: ETC4380622 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Mobile Money market in China is growing rapidly, driven by the increasing adoption of mobile payment solutions and digital wallets. Mobile money services enable users to perform financial transactions using their mobile devices, offering convenience and accessibility. The market is characterized by the rise of mobile payment apps and platforms, which are transforming the financial services landscape in China. As digital payments become more prevalent, the demand for mobile money solutions is expected to continue to rise.
The Mobile Money market in China is expanding due to the increasing adoption of mobile financial services and digital payment solutions. Mobile money platforms offer convenient and secure ways for users to conduct financial transactions, including transfers, payments, and savings. The market growth is supported by advancements in mobile banking technologies, rising smartphone penetration, and the growing demand for financial inclusion and digital payments.
The China Mobile Money Market grapples with stringent government regulations and compliance requirements that create barriers to entry and innovation. Security concerns, particularly the risk of fraud and hacking, pose significant challenges. The market also faces intense competition from traditional banking institutions and other mobile payment platforms, making it crucial for providers to continuously enhance their services to retain and attract users.
The mobile money market in China is influenced by government policies related to financial technology and digital payments. The government establishes standards for the security and performance of mobile money solutions to ensure they meet regulatory requirements. Policies support the development and adoption of advanced mobile payment technologies through funding and research support. The government also addresses concerns related to financial security and promotes sustainable practices in digital financial services.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Mobile Money Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 China Mobile Money Market - Industry Life Cycle |
3.4 China Mobile Money Market - Porter's Five Forces |
3.5 China Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 China Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 China Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 China Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 China Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in China |
4.2.2 Government initiatives to promote digital payments |
4.2.3 Growing adoption of mobile commerce in China |
4.3 Market Restraints |
4.3.1 Security concerns related to mobile money transactions |
4.3.2 Lack of awareness and trust in mobile money services |
4.3.3 Limited access to banking services in remote areas |
5 China Mobile Money Market Trends |
6 China Mobile Money Market, By Types |
6.1 China Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 China Mobile Money Market Revenues & Volume, By Transaction mode, 2021-2031F |
6.1.3 China Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.4 China Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.5 China Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 China Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 China Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 China Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 China Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 China Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 China Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 China Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 China Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 China Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 China Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 China Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 China Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 China Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 China Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 China Mobile Money Market Import-Export Trade Statistics |
7.1 China Mobile Money Market Export to Major Countries |
7.2 China Mobile Money Market Imports from Major Countries |
8 China Mobile Money Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Number of active mobile money users |
8.3 Percentage of population using mobile money services |
9 China Mobile Money Market - Opportunity Assessment |
9.1 China Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 China Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 China Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 China Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 China Mobile Money Market - Competitive Landscape |
10.1 China Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 China Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |