State of Pay: Mobile Payment & m-Commerce in China 2013 Edition

NEW YORK, Nov. 20, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

State of Pay: Mobile Payment & m-Commerce in China 2013 Edition

http://www.reportlinker.com/p01889315/State-of-Pay-Mobile-Payment--m-Commerce-in-China-2013-Edition.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Telephony

Mobile Payment & m-Commerce in China 2013 is the sixth and latest edition of our most popular report. Simply put, it is the most up-to-date and comprehensive study available on China's mobile payment sector today. The report focuses on the top issues for m-payment in China in 2013: we profile all of the companies to have received mobile payment licenses up until now, discuss emerging trends, and cover important market changes to look out forin the coming years.

Highlights of Mobile Payment & m-Commerce in China 2013 include:

• Direct Carrier Billing – Mobile Value-added Services

• Mobile as a POS – The Phone as a Cash Register

• Mobile as a Platform – The Phone as an Access Point

• Mobile as a Loyalty Card – Closed-loop m-Payments

• China m-Payment Market Forecasts

Mobile Users in China

China's 3G subscriber base grew dramatically in 2012 and numbers well over 200 million. The majority of new subscriptions are 3G subscribers, overall monthly growth remains strong, which suggests further 3G growth ahead.

Table of Contents

Executive Summary 1

1.2 Mobile as a Platform –The Phone as an Access Point 4

1.3 Mobile as a POS –The Phone as a Cash Register 5

1.4 Mobile as a Loyalty Card –Closed-loop m-Payments 6

1.5 Direct Carrier Billing –Mobile Value-added Services 7

2 Key Factors Shaping the Development of e-Commerce in China 9

2.1 A Late Start to Electronic Payments 92.2 Government Regulations and Payment Licenses 102.3 Consumers Still Paying with Cash (but Less) 132.4 Bankcards Issued: 3.5 Billion 142.5 Mobile Users in China 172.6 Mobile Internet Users: 420 million 192.7 Third-Party Payment Remains the Channel of Choice 212.8 Taobao and the Dominance of the Alibaba Group 222.9 E-Commerce as a Growing Component of China's Retail Industry 24

3 M-payment in China: Mobile as a Platform 26

3.1 M-commerce Retail Shopping 26

3.2 Leading Payment Providers 30

4 M-payment in China: Mobile as a POS 31

4.1 SME Acceptance 324.2 Mobile Banking and Peer-to-peer (P2P) Remittances 324.3 Leading Payment Providers 33

5 M-payment in China: Mobile as a Wallet 34

5.1 Contactless Smartcards in China 34

5.2 Contactless Mobile Payment in China 35

6 M-payment in China: Direct Carrier Billing 38

6.1 China Mobile 406.2 China Unicom 416.3 China Telecom 41

7 China's M-Payment Providers 42

7.1 China's Leading Payment Providers 42

7.2 Third-Party Payment: Moving into Mobile 44

7.3 Market Share Breakdown 45

7.4 Market Pressures 46

8 Tier I Payment Provider Profiles 48

8.1 Alipay 488.2 Tenpay 508.3 China UnionPay (CUP) 52

9 Tier II Payment Provider Profiles 54

9.1 99Bill 54

9.2 Yeepay 56

9.3ChinaPnR 57

9.4Lakala 58

9.5 Zihexin 59

10 Notable Tier III Payment Providers 60

10.1 Chinabank Payment 6010.2 ChinaMobile E-commerce 6110.3 China Unicom Epay 6110.4 China Telecom BestPay 6210.5 IPS 6310.6PayEco 6410.7 Qiandai 6510.8Qianfang 6610.9 Sandpay 6710.10 Shanghai Shengfutong 6810.11SinaPay 6910.12 Union Mobile Pay (UMPay) 70

11 Conclusions and Forecasts 71

11.1 Reasons for Optimism 71

11.2 Reasons for Pessimism 72

11.3 China m-Payment Market Forecasts 73

11.4 Future Trends to Watch 74

List of Figures

Figure 2: Product Model -Mobile as a Platform 4

Figure 3: Product Model -Mobile as a POS 5

Figure 4: Product Model -Mobile as a Loyalty Card 6

Figure 5: Product Model -Direct Carrier Billing 7

Figure 6: China's Late Start -e-Commerce Milestones 1995-2013 9

Figure 7: Third-party Payment Provider License Requirements 10

Figure 8: Mobile Payment Licenses 12

Figure 9: Total Use of Debit, Credit, and Cash-On-Delivery in Online Shopping 13

Figure 10: China Bankcard Circulation, 2002-2020 (M) 14

Figure 11: China's Bankcard Penetration Rate, 2001-2020 (%) 15

Figure 12: China's Credit Card Circulation, 2002-2020 (M) 16

Figure 13: Mobile Users in China, 2001-2020 (M) 17

Figure 14: 3G Users in China, 2001-2020 (M) 18

Figure 15: Internet Users in China, 2001-2020 (M) 19

Figure 16: Mobile Internet Users in China, 2005-2020 (M) 20

Figure 17: Accounts Held by Online Shoppers in China 22

Figure 18: Online Shopper Payment Provider Recognition 2013 23

Figure 19: Last Online PurchaseComparison 2012-2013 24

Figure 20: Average Online Purchases (Tier 1 vs. Tier 2/3) 25

Figure 21: Average Monthly Purchases (Mobile vs. Online), 2013 27

Figure 22: Average Monthly Purchases (Mobile vs. Online), 2013 (RMB) 28

Figure23: Average Monthly Mobile Purchases (Tier 1 vs. Tier 2/3) 29

Image 24: Public Transit Contactless Cards 34

Figure 25: Mobile Operator Overall and 3G User Market Share 39

Figure 26: China's Third Party Payment Providers by Tier 43

Figure 27: China Third PartyPayment Provider Market Share Breakdown (%) 45

Figure 28: Factors Decreasing Profits for Tier II and Tier III Payment Providers 46

Figure 29: Mobile Payment Market Forecast, 2010-2015 (RMB Trillion) 73

Figure 30: Mobile Payment Market Forecast by Payment Tier, 2011-2015 (RMB T) 73

To order this report: State of Pay: Mobile Payment & m-Commerce in China 2013 Edition http://www.reportlinker.com/p01889315/State-of-Pay-Mobile-Payment--m-Commerce-in-China-2013-Edition.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Telephony

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