80 million tx per day, 50% mobile, during first year that mobile access overtook desktop access
China is in the midst of a mobile commerce boom, according to a new report from Alipay, the Alibaba-affiliated payments service that handles more than 80 million transactions per day. The company‘s latest report found that 54 percent of the number of transactions on its PayPal-like service during the first ten months of 2014 were from mobile devices. That’s a huge increase on last year, during which mobile accounted for just 22 percent of all payments.
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