China's payment market in 2020
Most regularly used payment services
Source: ft.com
Alipay
With more than 520 million active users, Alipay is China’s most popular payment and marketing platform for shops, restaurants and hotels.
Read moreWeChat Pay
WeChat Pay is used by more than 600 million Chinese consumers and is the fastest growing payment service in China.
Read moreUnionPay
UnionPay is China’s only bank card organization and is the debit and credit card that is used the most.