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Data of China’s third party payment industry in Q4, 2020 From IResearch consulting

The following is the Data of China’s third party payment industry in Q4, 2020 From IResearch consulting recommended by And this article belongs to the classification: Online payment, IResearch consulting.

According to the statistical data of iResearch, according to the quarterly data release of China’s third party payment in 2020q4, the transaction scale of China’s third party mobile payment increased to 71.2 trillion in the fourth quarter of 2020, with a year-on-year growth of 19.2%. This quarter is the traditional e-commerce promotion season, and the rise of online consumption as scheduled has laid the foundation for the growth of this quarter. It is estimated that in the first quarter of 2021, the transaction scale of China’s third-party mobile payment will grow to 74.0 trillion, with a year-on-year growth rate of 39.0% due to the low base effect.

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