CHAPTER ONE: INTRODUCTION
1.1 Background of the Study (Development of Mobile Payment in China)
In the present day and age today, the improvement of portable installment applications and systems have experienced critical change and have made a stride towards positive development. As instilled by a report dispatched by Erikson (a worldwide correspondence arrangements and administrations supplier organization) in November 2012, there were approx. 7.5 billion clients of a cell phone, much more than the number of inhabitants on the planet, facilitate development in numbers and toward the year’s end 2018, it is relied upon to reach to 9.3 billion (Li, Leu, and Ji, 2014). In addition, China has risen as a tremendous market of the web. The quantity of web …