China

China

China is the world’s second biggest consumer marketplace and the world’s largest ecommerce market. Online shopping in China totalled USD589.61 billion in 2015, an increase of 33.3% on previous year. 12.9% of all retail in China comes from ecommerce.

While the eshopper population has reached over 350 million and 58% of online shoppers in China have purchased from overseas, the online shopping demographic still represents only 25% of the total population, meaning plenty of potential growth ahead.

PaySec has several solutions for merchants to accept payments from China, including CUP Debit cards, WeChat and Alipay.

DID YOU KNOW…

In 2015, China’s ecommerce sales were worth USD589.61 billion


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Thailand

Ecommerce market worth
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Indonesia

The world’s fourth
most populous country