China's extended Golden Week was 1 to 8 October this year, and now that it's over, Alipay has shared some stunning stats on payment growth and activity.
With 751 million Internet users — nearly 55% of the population — and 663 million smartphone users, China dwarfs every other country when it comes to digital metrics. Of those Internet users, 72.1% are between 10 and 39 years old.
Online payments provider Stripe has opened its platform to allow Australian businesses, and businesses worldwide, to accept payments from Chinese consumers who use mobile payment platforms Alipay and WeChat Pay.
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