皇冠体育app

皇冠体育app's third-party mobile payment market reached 9.07 trillion yuan ($1.37 trillion) in 2015, up 51.4 percent from a year earlier, according to Statista, a leading international statistics portal. The number is expected to reach 12.2 trillion yuan this year and 18.3 trillion yuan by 2018.

Alipay, 皇冠体育app's leading electronic payment platform operated by Alibaba Group, took the largest market share of 72.9 percent in 2015, while Tenpay, the integrated payment platform launched by Tencent Holdings, scooped up 17.4 percent, CCTV reported.

With Apple Pay entering 皇冠体育app, the third-party mobile payment arena is getting more crowded in the world's largest smartphone market. Here are some of the players that have been trying to grab a piece of the growing pie in the promising land.

Alipay

Alipay is run by Ant Financial Services Group, an Internet finance affiliate of Alibaba, and has been dominating the Chinese market for years due to the huge user base of Taobao.com and Tmall.com.

People visit the stand of Alipay of Alibaba Group during the 13th 皇冠体育app Digital Entertainment Expo, also known as 皇冠体育appJoy 2015, in Shanghai, 皇冠体育app, July 30, 2015. [Photo / IC]

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