China Mobile Payment Industry Report, 2010-2011
- Hard Copy
- Single User License
- Enterprise-wide License
(PDF Printable & Editable)
- Hard Copy + Single User License
Chinese mobile payment industry has progressed rapidly since 2011. The penetration rate of Chinese mobile payment market was merely 18.5% in 2010, and it will hit 25.8% in 2011; while the market size and transaction value turned out to be respectively RMB2.845 billion and RMB10.42 billion in 2010, but the former will rise 97.7% to RMB5.625 billion and the latter is predicted to expand 308.6% to RMB42.16 billion in 2011.
Chinese mobile payment industry involves mobile operators, financial institutions, the third-party payment operators, and various device manufacturers, with multiple cooperation forms. The gaming between the dominant China Mobile and China UnionPay will bring along the long-term coexistence of parallel model and integration model.
In terms of parallel model, China Mobile develops payment platform based mobile payment business by virtue of the existing mobile accounts or establishing single accounts; while China UnionPay adopts bank card binding and the settlement via the cooperated payment platforms.
As for integration model, China Mobile and China UnionPay have reached an agreement to set up the joint account and payment platform and practice the profit sharing by certain proportion.
In May 2011, China UnionPay and the Top 3 operators unanimously agreed on the technical standards of mobile payment: near-field payment employs NFC standard (13.56MHz), while 2.4GHz plan is merely for closed application environment and not allowed in financial circulation sector. The 2.4GHz RF-SIM technology highlighted by China Mobile will fade from the mobile payment stage.
NFC-SD, the mobile payment standard product of China UnionPay, came into Chengdu market in April 2011. Such commercial banks as Bank of Communications and Huaxia Bank have collaborated with China UnionPay and launched NFC mobile payment business.
Considering the telecommunication operators, China Mobile has transferred its mobile payment plan to NFC (13.56MHz) from RF-SIM (2.4GHz), and its bank partner is Shanghai Pudong Development Bank (SPD Bank). China Unicom has chosen the SIMpass (13.56MHz) solution of Watchdata and its cooperative banks cover Pingan Bank, Huaxia Bank, and Industrial Bank. China Telecom also emphasizes SIMpass (13.56MHz) provided by Watchdata and has released Tianyi Great Wall Card with Bank of China.
Among the first group of 27 enterprises who have obtained the third-party payment license, there are four UnionPay series enterprises, i.e. Beijing Unionpay Merchant Services Co., Ltd., Beijing Digital Wangfujing Technology Co., Ltd., Shanghai ChinaPay E-Payment Service Co., Ltd, and Guangzhou UnionPay, while UMPay under China Mobile is not nominated. 11 enterprises are qualified for mobile payment business.
With provision for the manufacturers of mobile payment hardware devices, Fudan Microelectronics and Nationz Technologies are the major suppliers of NFC chip solutions and RF-SIM chip solutions, respectively; Hengbao and Watchdata mainly offers 13.56MHz mobile payment card; Shenzhen Netcom Electronics Co., Ltd., Hanyin Technology, Westone, etc. are the providers of NFC-SD card solutions.
Jiangsu Changjiang Electronics Technology Co., Ltd (JCET), the major manufacturer of mobile payment card packaging in China, enjoys more than 70% share in RF-SIM card packaging market, and it initiated the mass production of 13.56MHz card in 2011. Fujitsu Microelectronics mainly provides the packaging and testing services of SD card.
The POS terminals produced by Nantian Information, the manufacturer of read-write devices, are compatible with RF-SIM and NFC based mobile phones; and those of ZhengTong Electronics can support RF-SIM card and NFC-SD card at the same time.
1. Overview of Mobile Payment
1.1 Definition and Classification
1.2 Technical Standards
1.2.4 NFC Becomes Technical Standard of Mobile Payment
2 China Mobile Payment Market Size and Current Development
2.1 Market Size
2.2 2011-The First Year of Rapid Progress in China’s Mobile Payment Market
2.2.1 Completion of Draft on Mobile Payment Standards
2.2.2 Establishment of Mobile Payment Industry Alliance
2.2.3 Release of NFC Mobile Terminal
2.2.4 Top Concern about Mobile Payment Security
3 China Mobile Payment Business Model
3.1 Initial Stage
3.2 Fadeout of 2.4GHz
3.3 The Existing Business Models
4 Mobile Payment Industry Chain
4.1 Industry Chain
4.2 Mobile Payment Business of Mobile Operators
4.2.1 China Mobile
4.2.2 China Unicom
4.2.3 China Telecom
4.3 Mobile Payment Business of UnionPay and Financial Institutions
4.4 Operators of Third-party Payment Platform
4.5 System Service Providers of Mobile Payment Business
4.5.1 Hi Sun (00818.HK)
4.5.3 Talkweb Information System
5.1 Chip Manufacturers
5.1.1 Fudan Microelectronics (8201.HK)
5.2 Card Manufacturers
5.2.1 Hengbao (002104)
5.2.4 Shanghai COS Software Co., Ltd
5.2.5 Wuhan Tianyu Information Industry Co., Ltd. (Tianyu) (300205)
5.2.6 Shenzhen Netcom Electronics Co., Ltd.
5.2.7 Hanyin Technology
5.2.8 Westone (002268)
5.3 Card Packaging Manufacturers
5.3.1 Jiangsu Changjiang Electronics Technology Co., Ltd (JCET)
5.3.2 Fujitsu Microelectronics
5.4 Read-write Device Manufacturers
5.4.1 Nantian Information
5.4.2 ZhengTong Electronics
5.4.3 Newland Group
Internal Structure of NFC Mobile Phones
Technical Diagram of Simpass
Comparison of Mainstream Mobile Payment Technologies
User Quantity and Penetration Rate of Chinese Mobile Payment Market, 2009-2012E
Chinese Mobile Payment Market Size
Transaction Scale of Chinese Mobile Payment Market, 2009-2012E
Business Models in China Mobile Payment Industry before 2010
Main Reasons for the Abandonment of 2.4GHz Solution by China Mobile
Parallel Mode of Mobile Payment Industry
Integration Model of Mobile Payment Industry
Mainstream Mobile Payment Solutions and Dominant Institutions in China
Mobile Payment Industry Chain in China
Mobile Payment Solutions of China Unicom
The First-group Enterprises with Third-party Payment License
Qualified Mobile Payment Business Operators of Third-Party Payment Platform
Revenue and Proportion from Mobile Payment Business of Hi Sun, 2009-2010
Revenue and Net Income from Mobile Payment Business of Talkweb Information System, 2010-2012E
Operating Income and Gross Margin of Hengbao by Product, 2010
China B2C Online Shopping Industry Report, 2013-2016
In 2008-2012, Chinese online shopping market size ascended from RMB128.2 billion to RMB1,303.0 billion at the CAGR of 78.6%. In H1 2013, the market valued RMB789.21 billion, up 41.2% year on year. Whe...
China Mobile Phone Game Industry Report, 2013-2016
As the widespread popularity of intelligent terminals as well as the improving acceptance of the pay-to-play, China mobile phone game market has seen skyrocketing development since Q4,2012. In H1 2013...
China Information Security Industry Report, 2012-2014
In the recent years, the growing number of information security events worldwide have caused huge losses to countries and enterprises, and therefore, governments and companies have attached increasing...
China Third-party Payment Industry Report, 2012
After nearly a decade of “barbaric growth”, the Central Bank has successively issued “birth permits” for third-party payment enterprises since May 2011. As of August 12, 2012, it has issued five batch...
Company Study of Letv.com, 2011
LeTV.com was founded in Beijing Zhongguancun High-tech Industrial Park in November 2004. On August 12, 2010, it went public at China GEM (SZ:300104). It currently employs 200 people.Letv.com is the fi...
China Online Shopping (B2C) Market Report, 2011-2012
With the expanding of Chinese economy and the growing number of netizens, online shopping sees significant growth in market size and increasing investment activities. The number of online shoppers in ...
China Online Video Industry Report, 2011
China online video market revenue in 2010 reached RMB 2.275 billion, up 170.2% over 2009. The main revenue source is still advertising, whose value is promoted steadily by the increasing online video ...
China Mobile Payment Industry Report, 2010-2011
Chinese mobile payment industry has progressed rapidly since 2011. The penetration rate of Chinese mobile payment market was merely 18.5% in 2010, and it will hit 25.8% in 2011; while the market size ...
China Online Group Buying Industry Report, 2010-2011
In 2010, Chinese online group buying market emerged. Group-buying websites not only explore more and more product suppliers and consumers, but also expand to second and third-tier cities based on Beij...
China Online Shopping Market Survey Report, 2010
In August 2010, ResearchInChina teamed up with www.1diaocha.com to conduct an online questionnaire survey on online shopping. Among the 600 samples, the respondents included both males and females age...
China Online Shopping Industry Report, 2010
Benefitting from the rapid development of the Internet, online shopping has become more and more popular among consumers, with the share in China’s total retail sales of social consumer goods increasi...
Global and China LBSNS (Location-Based Social Networking Service) Market Report, 2010
LBS, i.e. Location-Based Service, is deemed as one of the killer businesses subsequent to SMS (Short Message Service), and it enjoys huge market size and nice profit prospect. SNS, namely Social Netwo...
China Mobile Game Industry Report, 2009-2010
According to the statistics released by the Ministry of Industry and Information Technology of the People's Republic of China in December, 2009, China's total mobile phone users reached 750 million, a...
China Online Shopping Industry Report, 2009
In 2009, China’s online shopping market has seen rapid development so far, and the ratio of online shopping transactions to total retail sales of social consumer goods increased to 1.6% and 1.9% respe...
China Online Payment Industry Report, 2009
The global economic crisis has impacted on the majority of industries, but China online payment market is growing against the adversity, and has shown rapid growth trend in market scale and number of ...
China Network Video Monitoring Market Report, 2007
Network video monitoring is also named as IP monitoring, and such market has been keeping a rapid growth since 2004. Network video monitoring can access to Internet by different ways, such as LAN, WLA...
China Online Recruitment Market Report, 2006-2007
Online recruitment/e-recruitment refers to the recruitment activity by Internet, which includes information release, resume collection and arrangement, e-interview and online evaluation, etc. and it h...
China Tourism & Recreation Website Report, 2006
In 2006, China's Tourism industry keeps a rapid development, no matter in inbound travel, domestic travel or outbound travel. Taking inbound travel for example, in Jan-Sep 2006, the number of inbound ...