Mobile Payments in China

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.

Table of Contents

  • Drivers
  • 1. EXECUTIVE SUMMARY
  • 2. SCOPE AND TECHNOLOGY ISSUES
    • 2.1. Payment Technologies
    • 2.2. Proximity Technologies in China
  • 3. THE CHINA MARKET
    • 3.1. Market Size
    • 3.2. Market Drivers
    • 3.3. Challenges and Constraints
  • 4. CHINA MOBILE PAYMENT ECOSYSTEM
    • 4.1. Regulators
    • 4.2. Financial Service and Telecommunication Players
    • 4.3. Supporting Stakeholders
  • 5. KEY INDUSTRY PLAYERS
    • 5.1. China Mobile
    • 5.2. China Unicom
    • 5.3. China Telecom
    • 5.4. China UnionPay
    • 5.5. NXP
    • 5.6. Gemalto
    • 5.7. Shanghai Fudan Microelectronics
    • 5.8. Hengbao
    • 5.9. WatchData
    • 5.10. Directel Holdings Ltd.
    • 5.11. Hunan Hisun Mobile Pay IT Ltd
    • 5.12. Nationz Technologies Inc.
    • 5.13. Eastcompeace Smart Card Co. Ltd.
    • 5.14. Wuhan TianYu Information Industry Co., Ltd.
    • 5.15. Jiangsu Changjiang Electronics Technology Co., Ltd.
    • 5.16. Nantian Information
    • 5.17. Shenzhen ZhengTong Electronics
  • 6. MARKET FORECASTS
    • 6.1. Mobile Phone Subscribers and Handset Shipments
    • 6.2. NFC Handsets Shipments
    • 6.3. NFC Handsets versus NFC Add-ons
    • 6.4. Contactless Mobile Payments Transaction Volume and Value
    • 6.5. Conclusions
  • 7. COMPANY DIRECTORY
  • 8. ACRONYMS
    • 8.1. Sources and Methodology
    • 8.2. Notes

Charts

  1. Number of NFC Handsets Shipped, by Type, China, Forecast: 2010 to 2016
  2. Contactless Mobile Payments Transaction Volume and Value, China, Forecast: 2010 to 2016
  3. Mobile Subscribers, China, Forecast: 2010 to 2016
  4. Mobile Handset Shipments, China, Forecast: 2010 to 2016
  5. Number of NFC Handsets Shipped, by Type, China, Forecast: 2010 to 2016
  6. Number of NFC Devices Shipped, China, Forecast: 2010 to 2016
  7. Number of NFC Chipsets Shipped, China, Forecast: 2010 to 2016
  8. NFC Chipset Shipment Value, China, Forecast: 2010 to 2016
  9. Contactless Mobile Payments Transaction Volume and Value, China, Forecast: 2010 to 2016
  10. Mobile Subscribers
  11. Mobile Handset Shipments
  12. Number of NFC Handsets Shipped, by Type
  13. Number of NFC Devices Shipped
  14. Number of NFC Chipsets Shipped
  15. NFC Chipset Shipment Value
  16. Contactless Mobile Payments Transaction Volume and Value

Figures

  1. China Mobile Payment Ecosystem
  2. Contactless Mobile Payment System, China
Mobile Payments in China Image Purchase

Research Information

Price
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Publish Date
3Q 2011
Code
RR-APMM-11
Research Type
Research Report Report
Pages
39