Red Envelopes on the Phone

During the 2014 Spring Festival, red envelopes sent by phone and taxi-hailing apps helped mobile payment take the market fast. By the end of 2014, the China Internet Network Information Center counted 217 million mobile payment users, up 73.2 percent in a year. The share of internet users who paid by phone rose from 25.1 to 39.0 percent.

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