Best E-commerce Payment Gateways in China

Updated: 13/02/2021

China is expected to have more than 800 million internet users that means more than 65% internet penetration rate.

The online retail sales generated through E-commerce business in China crossed $1.7 trillion by 2020.

China is the leading E-commerce market in terms of revenue, growth rate and cover-up approx 35% of the total E-commerce market in the entire world.

E-commerce revenue in China

Alibaba group’s – Taobao & Tmall | JD are the biggest E-commerce players in China following by Amazon.

Usage of mobile and the rise of online selling platforms & marketplaces in China are the major factors that play a vital role in the rise of E-commerce in China.

Report by JP MORGAN

If we talk about the payment methods then the local payment methods like Alipay | Wechat | Union Pay are the most used online payment methods used by the Chinese.

So let’s look at the best E-commerce payment gateways in China and don’t forget to checkout the MDR | Payout timings and Payment methods before moving with any of them.

Best E-commerce payment gateways in China

China is a great place to start your E-commerce business without keeping in mind the second thought.

Whether you are an individual |Entrepreneur – the above mentioned best E-commerce payment gateways in China will provide your clients with the ease of payment options and will help you to lift up your eCommerce business.

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