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Follow on Google News | China E-Commerce Payment Market, Forecast by Segment & Payment MethodChina Ecommerce Payment Market will be USD 5.5 Billion by 2026. Forecast by Segment (Apparel, Electronics, Travel, Household, Health, Grocery), Payment Method (Bank Transfer, Card, Digital Wallet, and Others), Company Analysis
By: Renub Research There are four popular methods of payment online: Bank Transfer, Pay by Card, Digital Wallet, and Online Payment by Third Parties. Bank Transfer: In this mode, money is transferred from one bank account to another. Card Payment: In this mode, payments are made through credit or debit cards. The use of the credit card in China is irregular, and debits cards are more popular. Digital Wallet: A digital wallet, also known as "e-wallet" is a software program that securely allows clients to make electronic transactions with another party. For example: In 2008, Alipay officially introduced its mobile e-wallet. Digital Payment: Digital Payment by third parties is a different form of online payment. It was introduced by ecommerce companies to eliminate the loss of trust in online transactions between guests. For example: In 2003, Alibaba (business-to- About Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to- Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91-120-421- Email: info@renub.com Web: https://www.renub.com Follow the Link for Report Customization: End
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