Two Factors Affecting Mobile Payments in China: Number of Smartphone Users in China, Number of Monthly Active WeChat Users

ZongLin ZengMao () and Jingci Zhang
Additional contact information
ZongLin ZengMao: Department of Economics

A chapter in Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022), 2023, pp 164-170 from Springer

Abstract: Abstract Mobile payment is a mobile client using cell phones and other electronic products to make electronic money payments. Mobile payment combines the Internet, terminal devices, and financial institutions to form a new payment system. Mobile payment has greatly influenced people's life and made a big change in their lives. The primary goal of this study is to find the factors that influence mobile payment. In this paper, we adopt a quantitative research method, and by calculating the annual growth rate and correlation, we conclude that the number of payment users is significantly correlated with the number of active WeChat users and how many people use smartphones in China. The significance of our research is to find the factors that influence mobile payment and promote the usefulness and convenience of mobile payment in our life.

Keywords: Mobile payment; Smartphone users; WeChat users (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-124-1_20

Ordering information: This item can be ordered from
http://www.springer.com/9789464631241

DOI: 10.2991/978-94-6463-124-1_20

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().