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    This individual Note Chinese Electronic Payment Market Updateis available for purchase. This Note is available to members of Mercator Advisory Group’s Global Payments Advisory Service. Please be advised that this Note is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Note contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).

    While the Note represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Notes form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Notes (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.

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Chinese Electronic Payment Market Update

Electronic payments continue robust growth.

While cash remains the preferred payment instrument among Chinese consumers, electronic payment methods like debit and credit cards as well as new alternatives like mobile online initiated payments are quickly gaining momentum. As a result, the Chinese e-payment market is rapidly evolving as consumer preference and use of electronic payments changes.