Users
6.1MHe Bao | |
|---|---|
pmt_he_bao |
He Bao is China Mobile's electronic wallet for QR purchases, phone-number transfers and everyday bills. Customers manage wallet value and supported withdrawals through the app, while NFC transit functions and merchant services connect the telecom relationship with everyday payments.
Use cases:
Channels:
Initiation:
Markets
1TPV
$1.9BTransactions
52MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
The People's Bank of China
