How big is the China Real Time Payments Market?

The China Real Time Payments Market size is expected to reach USD 5.46 billion in 2024 and grow at a CAGR of 32.60% to reach USD 22.38 billion by 2029. Read More

What is the current China Real Time Payments Market size?

In 2024, the China Real Time Payments Market size is expected to reach USD 5.46 billion. Read More

Who are the key players in China Real Time Payments Market?

AliPay (Alibaba Group), WeChat Pay (Tencent Holdings Ltd.), Paypal Holdings Inc., ACI Worldwide Inc. and JDPay.com (JD.com) are the major companies operating in the China Real Time Payments Market. Read More

What years does this China Real Time Payments Market cover, and what was the market size in 2023?

In 2023, the China Real Time Payments Market size was estimated at USD 3.68 billion. The report covers the China Real Time Payments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Real Time Payments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China Real Time Payments Market - Size, Share & Industry Analysis

China Real Time Payments Industry Overview

The China real-time payments market appears to be semi-consolidated, as few players currently hold significant market share. Major market players provide innovative payment solutions and are involved in various strategies, such as product innovations, acquisitions, and partnerships, among others, to gain a competitive edge. Some key market players include Paypal Holdings Inc.,

In Januray 2024, PayPal Holdings, Inc introduces reimagined checkout and guest checkout experiences, new advanced offers platform for merchants, and new consumer app to earn cash back and give customers more reasons to shop with PayPal
In April 2023, Changshu, located in the province of Jiangsu, announced its plans to start a new payment process in May, which is expected to be the biggest rollout of the currency, also known as the e-CNY, in China. After the launch, In a city in eastern China, government workers will receive full pay in the electronic yuan.