Alipay Wallet Has Had 190M Annual Active Users, Processing over 50% of Alipay Daily Transactions

Alipay Wallet, the mobile app operated by Alibaba’s finance arm, announced today it has 190 million annual active (at least one payment or money transfer in a year) users.

The number of daily transactions through mobile has reached 45 million, with over 50% of the total from Alipay (with Alipay supporting third-party businesses as well as Alibaba’s own marketplaces such as Taobao and Tmall).

A little less than one year ago Alipay Wallet had 100 million users and was processing one third of Alipay’s transactions. By of the end of 2013, Alipay had a total of 300 million users.

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