B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

80%

80% -- mobile payment usage rate for China consumers (2018)

2018  · Bain & Company

More than 80% of Chinese consumers used mobile payment transactions in 2018.

  • Source states 'more than 80%'
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Attribution: Bain & Company View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
80%
Unit
Percentage
Data Vintage
2018
Entity
China consumers
Geography
CN
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

65/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Bain & Company Primary Tier B
https://www.bankingdive.com/news/mobile-pay-cards-real-time-credit-debit-china-india/562049/ ↗
Confidence: 28/100 Vintage: 2018 Channel: Common Crawl
Source Article
4 in 5 Americans have smartphones; why are less than half on mobile pay?
Original Research
Bain & Company · Original study ↗

Bain & Company research cited by Banking Dive

Methodology documented
Industryfintech_finance RegionCN Channelmobile
Plain Text
China consumers: 80% mobile payment usage rate. Source: Bain & Company (2018). Via Lighthouse Intelligence -- https://lighthousedata.io/data/china-mobile-pay-adoption-80
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<blockquote cite="https://lighthousedata.io/data/china-mobile-pay-adoption-80" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>80%</strong> -- mobile payment usage rate for China consumers<br><small>Source: Bain & Company (2018) · <a href="https://lighthousedata.io/data/china-mobile-pay-adoption-80" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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