Pages

31

Deliverables

Released

3Q 2011

Product Code

RR-APMM-11

Price

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China is the world’s largest single mobile market. Indeed, China’s mobile payments industry is a burgeoning market. It is attracting a number of participants in an attempt to assume first mover advantage. While the market potential is very real, there is uncertainty over which proximity payment technology will ultimately secure dominance - RF SIM on the 2.4 GHz band versus NFC on the 13.56 MHz band. This survey attempts to provide an overview of the contactless mobile payments ecosystem in China. It also explores the near-term regulatory directives and the payment technology competition amongst the key players and points out the likely winners. The race to lead in China primarily exists among the MNOs, banking institutions and the third party mobile payment service providers. Each has its own competitive advantage and offering to consumers.

What Questions Does This Report Answer?

• What are the opportunities for contactless payment in the Chinese market?
• What standard does the government support?
• How will NFC be implemented?
• What is SIMpass?
• Who are the key players in the Chinese mobile payment market?
• What are the main bottlenecks?
• How will the market evolve?

Who Needs This Report?

• smart card vendors
• mobile operators
• government planning departments
• investment banks