Growth of WeChat Pay transactions to small business during COVID-19 in China 2020

Published by
Daniel Slotta,
Nov 17, 2023
In May 2019, the transaction volume to small business on WeChat Pay platform in China grew by 510 percent compared to January/February. The transaction value also increased by 199 percent in the same period. WeChat Pay is one of the most popular mobile payment methods in China.

Change in transactions via WeChat Pay to small-sized businesses in China in May 2020 compared to January/February 2020

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Release date

June 2020

Region

China

Survey time period

May 2020

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