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The increasing proliferation of internet-of-things (IoT) devices which can potentially support contactless transactions would further boost the contactless payment market share. Additionally, fintech industry of country has reported substantial growth. China is moving towards intellectual finance due to established digitalization of financial industry. Integration of financial services with artificial intelligence is growing fast. In addition to this, Alibaba Group Holding Ltd. has launched its online payment wallet Alipay, to let the customer’s shop that lacked credit and debit cards. Tencent Holdings Ltd. has also launched its online payment wallet WeChat. Both the mobile wallets link the user bank’s account to smartphone applications.
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• Market Coverage
• .Market number available for – 2019-2026
• .Base year- 2019
• .Forecast period- 2020-2026
• .Segment Covered- By Source, By Product Type, By Applications
• .Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
China Contactless Payment Market by Device
o Smartphones
o Smart Cards
o Point of Sale Terminals
o Other
China Contactless Payment Market by End-User
o Retail
o BFSI
o Transportation
o Others
Company Profiles
o Gemalto NV
o Giesecke & Devrient GMBH
o Heartland Payment Systems
o IBM CORP.
o Infineon Technologies AG
o Valitor HF
o Verifone Systems, INC
o VISA, INC.
o Wirecard AG
The Report Covers
• Comprehensive research methodology of the China Contactless Payment market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China Contactless Payment market.
• Insights about market determinants which are stimulating the China Contactless Payment market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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