China Mobile Payment Industry Report, 2012-2014

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Among the current mobile payment means, remote payment is widely used in China, while less than 6% of payments are realized through NFC (Near Field Communication) payment mode. Now, mobile payment transfers from PC Internet business to intelligent terminals, and most are still online or online-based businesses. On December 14, 2012, the People’s Bank of China released the technical standards for mobile payment in the financial industry. 13.56MHz technical standards have been identifie...


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