중국 모바일 결제 플랫폼의 발전과 시사점: 알리바바 사례를 중심으로 (The Development of Mobile Payment Platforms in China and Its Implications)

114 Pages Posted: 29 Jul 2019

See all articles by Hyun-Tai Lee

Hyun-Tai Lee

Korea Institute for International Economic Policy

Bongkyo SEO

Dongduk Women's University

Koun Cho

Korea Institute for International Economic Policy

Date Written: December 28, 2018

Abstract

Korean Abstract: 핀테크(FinTech)는 금융(Finance)과 기술(Technology)의 합성어로, 정보통신기술(ICT: Information and Communication Technology)을 활용한, 기존 금융업의 혁신을 의미한다. 중국은 핀테크 여러 분야 중 특히 모바일 지급결제에서 괄목한 만한 발전을 거듭하고 있다. 중국 모바일 지급결제의 플랫폼은 지급결제 수단의 변화를 넘어 온라인과 오프라인을 아우르는 다양한 혁신적인 비즈니스 모델을 창출하며 핀테크 산업의 발전을 견인하고 있다. 또한 중국의 모바일 지급결제 플랫폼이 현금과 신용카드 등 기존 결제 수단을 빠르게 대체하면서 중국이 세계 최초로 ‘현금 없는 사회’가 될 거라는 예측도 나오고 있다. 본 연구는 세계에서 가장 빠르게 발전하고 있는 중국 모바일 결제 플랫폼의 발전 배경, 문제점, 향후 전망 등을 정밀하게 분석함으로써 한국에 대한 시사점을 얻고자 하였다.

English Abstract: FinTech is a combination of the words finance and technology, signifying innovation in existing financial businesses using information and communication technology (ICT). China is making remarkable progress in the mobile payment sector, especially in the various fields of FinTech. There are also predictions that China’s mobile payment platform will lead China to become the world’s first “cash-free society” by integrating on-line and off-line payments and quickly replacing existing payment methods such as cash and credit cards. On the other hand, mobile payment services in Korea show a relatively low penetration rate. According to a survey, as of November 2017, only 26.1% of mobile payment services enable the use of mobile devices to purchase products, which is much lower than in China.

Therefore, this study analyzes the development status of mobile payment platforms in China and suggests policy suggestions for the improvement of mobile payment services in Korea. The platform for mobile payments in China is driving the development of the FinTech industry, creating a variety of innovative business models that span both offline and online payment alternatives. In this way, we sought to gain implications for Korea by identifying the factors behind China’s rapid development, obstacles it is encountering, and future prospects of China’s mobile payment platform, which is developing at the fastest rate in the world.

Note: Downloadable document is in Korean.

Keywords: Mobile Payment Platforms, China

Suggested Citation

Lee, Hyun-Tai and SEO, Bongkyo and Cho, Koun, 중국 모바일 결제 플랫폼의 발전과 시사점: 알리바바 사례를 중심으로 (The Development of Mobile Payment Platforms in China and Its Implications) (December 28, 2018). KIEP Research Paper, Policy References 18-04, Available at SSRN: https://ssrn.com/abstract=3422657 or http://dx.doi.org/10.2139/ssrn.3422657

Hyun-Tai Lee (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Bongkyo SEO

Dongduk Women's University ( email )

23-1 Wolgok-dong
Sungbuk-gu
Seoul
Korea

Koun Cho

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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