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Alipay reports 65% share of China’s online payments market

Nearly two thirds (65%) of online payments in China were made through Alipay last year, findings published by the mobile payments provider and reported by ECNS reveal. “The percentage represents a big jump compared with 49.3% of the total transactions done by the same mode in 2014,” the publication says. “The Tibet autonomous region leads the country in mobile payment with 83.3% of the online payment transactions in the region made with mobile devices in 2015.”

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