Shenzhen Rakinda Technologies Co., Ltd.

Recently, Ipsos, a well-known foreign poll, carried out a survey on mobile payments, the survey report shows that Chinese Mobile payment popularity rate is ranked first in the world, up to 77%, far more than the United States and Japan. In addition, 14% of consumers without cash in China, 26% of consumers who carry the amount of cash is less than 100RMB.

It is reported that Ipsos surveyed 18,000 consumers, India’s mobile payment popularity rate is lower than China only one percentage point, and Paytm is replicating Alipay’s barcode payment successful experience to occupy the Indian market. Indonesia and South Korea’s mobile payment popularity rate is 67% and 64%. Japan is the lowest popularity rate in Asia, only 27%. What’s more, the United States, Germany and other developed countries are not very high in popularity rate, about more than 50%.

Ipsos believes that the credit card payment service experience is poor in China, India and other developing countries, and mobile payment is very convenient, just password or fingerprint verification. In contrast, the country’s mobile payment development is relatively slow in Japan, the main service of the current Japanese mobile market is for the Chinese tourists.

Besides, the report also shows the details of Chinese Mobile payment: mobile payment is increasingly popular, 26% of consumers who carry the amount of cash is less than 100RMB, and 14% without any cash.

There are 2 big mobile payment companies, WeChat and Aliapy, customers just scanning QR code or scanned by barcode scanner to finish payment.

WeChat payment is the main mobile payment, which means for Chinese consumers’ daily small transaction. As of the first quarter of 2017, there is 9.8 million active users in WeChat (including international market), up 23% year on year.

Compared with other regions in China, East China and North China’s mobile payment coverage of the highest,respectively, reached 54% and 55%.

Fast food chains, convenience stores, cinemas and taxis are the main mobile payment sites, just need the desktop barcode scanner, which is convenient for customers and cashiers. Rakinda, a leading professional manufacturer of barcode relative business, can offer you a whole solution about barcode payment, 2d code access control system.