Chinese mobile payment services grew 707% in 2013 to...

Chinese mobile payment services grew 707% in 2013 to $200B

Tracey Xiang, TechNode, venturebeat.com

The total trans­ac­tion vol­ume by Chi­nese inde­pen­dent mobile pay­ments ser­vices reached 1219.74 bil­lion yuan (rough­ly $200 bil­lion) in 2013, a 707 per­cent year-over-year increase, accord­ing to the lat­est report by online track­ing and d…