Turnover of third party online payment hits 3.8 trillion yuan

Edited and translated by Liang Jun, People's Daily Online

The market turnover of China's third party online payment in 2012 continued to maintain rapid growth and amounted to 3.8 trillion yuan, according to latest figures released by EnfoDesk, an industrial database.

Among this, Alipay, Tenpay, Unionpay are ranked the top three, accounting for 46 percent, 21 percent and 12 percent respectively.

Read the Chinese version: 2012年中国第三方在线支付市场交易额达3.8万亿

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