Alipay is China’s leading third party mobile and online payment solution. It was founded by Jack Ma (The Founder of Alibaba Group) in February 2004. Alipay is associated with almost every single bank in China and more over 40 international banks apart from China. Alipay owns 54% share of China’s US$5.5 trillion mobile payment market.
China Population: 1,338,612,968
China Users: 420,000,000