China: World's most profitable country for eCommerce

China has the most significant eCommerce revenue in the world: US$1.305B*.

* Source: Statista, 2023

Market Overview

The Chinese eCommerce market continues to grow exponentially and is forecast to reach US$3.179 billion by 2026*. * Source: Worldpay, 2023

Gain insight into China's most relevant payment methods

  1. 81% eWallet
  2. 7% Debit Card
  3. 4% Credit Card
  4. 4% Buy now pay later (BNPL)
  5. 2% Cash on Delivery
  6. 2% Bank transfer (account to account)
  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Union Pay
  • Online bank transfers

    Count on a wide variety of options to drive conversion.

    • Bank of China
    • Agricultural Bank of China
    • China Construction Bank
    • China Minsheng Bank
    • SPD Bank
    • China Everbright Bank
    • Postal Savings Bank of China
    • China Merchants Bank
    • Bank of Beijing
    • Bank of Communications
    • Bank of Jiangtsu
    • Bank of Ningbo
    • Bank of Shangai
    • China Bohai Bank
    • China Citic Bank
    • China Guangfa Bank
    • China Zheshang Bank
    • Hengfeng Bank Co.
    • ICBC
    • Industrial Bank Co., Ltd
    • Ping An Bank
    • Shanghai Pudong Development Bank
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