2005 is called the first year of electronic payment in China. This year, the electronic payment market in China grew rapidly, many electronic payment laws and regulations were improved, and electronic payment in China achieved a leap-forward growth. In 2006, the electronic payment industry still maintained rapid growth, and the emergence of online payment, mobile payment, telephone payment and other payment forms accelerated the development pace of the whole industry. In enterprise business settlement, the utilization rate of electronic payment is higher than other forms of transaction settlement, which has exceeded 60% in some enterprises. Traditional forms such as cash on delivery, postal remittance and bank wire transfer still have some loyal users, accounting for 39.4%, 12.3% and 6% respectively.

In the first quarter of 2007, the transaction volume of the third-party payment market in China reached 654.38+0.6 billion yuan, an increase of 33.3% from the previous month and more than four times that of the same period in 2006. In the second quarter of 2007, in the third-party electronic payment market in China, Internet payment (non-independent) reached114 million yuan, Internet payment (independent) reached 5.205 billion yuan, third-party mobile phone payment reached 339 million yuan, and third-party telephone payment reached 76 million yuan. In the third quarter of 2007, Alipay ranked first with a market share of 47. 10%, Tencent Tenpay ranked second with a market share of 18.00%, and China UnionPay Electronic Payment ranked third with a market share of 13.30%. In the fourth quarter of 2007, the total transaction volume of the third-party electronic payment market in China has reached 22.924 billion yuan. In the third-party electronic payment market, Alipay, Chinapay and Tenpay rank among the top three in transaction volume.

In 2008 1 quarter, the total transaction volume of the third-party electronic payment market in China has reached 45.467 billion yuan. Among them, Internet payment reached 465.438+75.9 million yuan, third-party mobile payment reached 3.52 billion yuan, and third-party telephone payment reached 65.438+88 million yuan. In the second quarter of 2008, it reached 53.989 billion yuan, a year-on-year increase of 65.438+09%. Among them, Internet payment reached 50.5/kloc-0.20 billion yuan, third-party mobile phone payment reached 32.8/kloc-0.00 billion yuan, and third-party telephone payment reached/kloc-0.96 billion yuan. In the third quarter of 2008, it reached 661990,000 yuan, with a chain growth rate of 23%, which was also higher than the chain growth rate of 19% in the previous quarter. Among them, Internet payment reached 62.358 billion yuan, third-party mobile payment reached 3.625 billion yuan, and third-party telephone payment reached 265.438+06 billion yuan.

The global economic crisis in 2008 had a profound impact on the network economy and various industries in China. But as far as the fast-developing online shopping industry is concerned, the economic crisis has become a new opportunity for the development of online shopping market after SARS. Under the economic crisis, the core advantages of online shopping are more obvious. The domestic electronic payment industry is still advancing steadily, and the financial crisis is a very good opportunity for the whole electronic payment industry.