Introduction China’s mobile payments market is one of the most advanced and rapidly growing in the world. According to Report Cube, the market is expected to grow at a CAGR of 37.24% from 2026 to 2032, skyrocketing from USD 12.32 billion in 2025 to USD 82.32 billion by 2032. This explosive growth is fueled by widespread smartphone adoption, a cashless society shift, and...