Alipay Express Checkout User Base Exceeds 100 Mln
CCIDnet, 11/20/12
Chinese third-party payment processor Alipay's Express Checkout online payment-by-credit-card service has reached over 100 mln users and more than 160 partner banks, including China's mainstream banks.
According to data from Alipay, Alipay Express Checkout accounted for 45.8% of total transactions handled by Alipay during Singles Day (November 11) sales events, while payments made using existing account balances accounted for 31% and payments via traditional online banking accounts accounted for 23.2%.
Keywords: Internet users online banking Alipay third-party payment online payment Express Checkout Singles Day e-payment transaction volume marketing
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