Dublin, Oct. 25, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/8tbsgl/china_thirdparty) has announced the addition of the "China Third-party Payment Industry Report, 2012" report to their offering.
After nearly a decade of barbaric growth, the Central Bank has successively issued birth permits for third-party payment enterprises since May 2011. As of August 12, 2012, it has issued five batches of Payment Business License for non-financial institutions, and a total of 197 third-party payment companies have been licensed, thus basically establishing the payment industry pattern in China.
Stimulated by payment licensing, also relying on the general trend of traditional enterprise networking and the expansion of third-party payment companies in numerous industrial market segments, the internet payment market still maintains a high-speed development trend. In 2011, the third-party payment market realized transaction size of more than RMB2 trillion, a year-on-year increase of 95.2%.
By Q1 2012, there had been 1.089 billion registered accounts in China's third-party internet payment market, of which, Alipay and Tenpay occupied the first two places with overwhelming superiority, respectively 61.8% and 18.9%.
Currently, third-party payment enterprises in China show two kinds of development models on the whole. In consideration of large-scale users, Alipay and TenPay attach great importance to the needs of individual users in business development and product innovation; whereas, 99Bill, ChinaPnR, YeePay, iPS and other third-party payment platforms treat corporate users as the focus of business development, providing integrated solutions to enterprises so as to meet their requirements.
Key Topics Covered:
1. Overview of Third-party Payment
1.3 License Issuing
2. Market Environment of Third-party Payment Industry
2.1 Overview of Chinese Netizen
2.2 Overview of Chinese Online Merchant
2.3 Development of Mobile Phone Users in China
3. Market Analysis of Third-party Payment Industry
3.1 Market Scale
3.2 Market Segments
3.2.1 Online Payment
3.2.2 Mobile Phone Payment
3.2.3 Telephone Payment
4.1 Market Share
4.1.1 Market Share by Transaction Volume
4.1.2 Market Share by Registered Accounts
4.1.3 Business Development among Enterprises
4.2 Main Platforms
5. Key Enterprises
6. Other Enterprises
7. Market Forecast of Third-party Payment Industry
7.1 Industry Development Trends
7.2 Market Forecast
7.3 Segment Market Forecast
7.3.1 Online Payment
7.3.2 Mobile Phone Payment
7.3.3 Telephone Payment
- ALL IN PAY
- Beijing UnionPay
- Chinabank Payments
- LYCHEE PAY
- Open Union
- Property & Credit
- UnionPay Online Payment
For more information visit http://www.researchandmarkets.com/research/8tbsgl/china_thirdparty
Source:Research and Markets