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Mobile Wallets Now Control 84% of Payments in China

A recent GlobalData survey has revealed that a majority of payments in China are now occurring through mobile money wallets. The survey found that mobile money wallets are responsible for covering a whopping 84% of payments in the east Asian nation, a concrete sign that Chinese consumers have overwhelmingly bought into mobile money wallets.

According to the GlobalData 2023 Financial Services Consumer Survey, slightly more than 84% of consumers in China reported that they had…

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NOTE TO INVESTORS: The latest news and updates relating to FingerMotion Inc. (NASDAQ: FNGR) are available in the company’s newsroom at https://ibn.fm/FNGR

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ChineseWire (“CW”) is a specialized communications platform with a focus on promising China-based companies that are listed in North America. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled recognition and brand awareness. CW is where breaking news, insightful content and actionable information converge.

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ChineseWire
Los Angeles, CA
www.ChineseWire.com
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Editor@ChineseWire.com

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