ChinaMarket Overview
The Chinese eCommerce market continues to grow exponentially and is forecast to reach US$3.179 billion by 2026*. * Source: Worldpay, 2023
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Population:1.412B *
The world's second most populous country is also one of the most banked.
* Source: Worldpay, 2023
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eCommerce: 2.26B *
eCommerce in China is expected to grow at a CAGR of 9%*.
* Source: Worldpay, 2023
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eShoppers: 845.29M *
eShoppers in China surged from under 34 million in 2006 to over 466 million users just a decade later*.
* Source: Worldpay, 2023
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Internet users: 1.067B *
The world's largest online community.
* Source: Statista, 2023
Gain insight into China's most relevant payment methods
- 81% eWallet
- 7% Debit Card
- 4% Credit Card
- 4% Buy now pay later (BNPL)
- 2% Cash on Delivery
- 2% Bank transfer (account to account)
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Union Pay
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Bank Transfers
Learn moreCount on a wide variety of options to drive conversion.
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Bank of China
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Agricultural Bank of China
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China Construction Bank
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China Minsheng Bank
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SPD Bank
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China Everbright Bank
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Postal Savings Bank of China
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China Merchants Bank
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Bank of Beijing
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Bank of Communications
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Bank of Jiangtsu
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Bank of Ningbo
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Bank of Shangai
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China Bohai Bank
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China Citic Bank
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China Guangfa Bank
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China Zheshang Bank
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Hengfeng Bank Co.
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ICBC
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Industrial Bank Co., Ltd
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Ping An Bank
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Shanghai Pudong Development Bank
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