China

An article with the general information about electronic payments in China and the payment methods available for payment processing in this country as part of the Gate2Asia solution.

China is a country with the population of about 1.4 billion people and the GDP per capita of about 12 thousand USD. Its economy and the e-commerce industry are developing rapidly. In 2024 (according to Global Payments Report 2024), the distribution of the electronic payments in China was as follows:

• Card payments—10 %.
• Bank payments—2 %.
• Digital wallet payments—82 %.
• Other types of payments—6 %.

As part of the Gate2Asia package, the Ecommpay payment platform offers a variety of methods popular in this country, first and foremost, for online banking and digital wallet payments.

If you have any questions about terms and conditions of integrating Chinese payment methods, or you need information about other Gate2Asia methods, refer to your Ecommpay account manager.