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Mobile payments account for 80% of Alipay’s online payments in 2017

New data from Alipay show 82% of the transactions on its platform in 2017 were made via mobile payments, mostly through smart phones. This ratio is said to be an all-time high. There were 520 million Alipay users in China, or around 37% of the country’s population, in 2017. Alibaba’s payment unit provides services which [...]

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