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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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com