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China Daily | Updated: 2014-07-30 07:16
UnionPay's total online users exceed 150m barrier
China UnionPay Co Ltd, a payment processing and electronic funds transferring company, said on Tuesday that the number of its Internet and mobile payment users has exceeded 150 million. More than 255 banks have supported China UnionPay's Internet and mobile Internet-based payment service. China's online third-party payment market is worth 5.4 trillion yuan ($874.37 billion) and may more than double in the next four years, according to iResearch, an Internet market research service provider.
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