In the past few years, the mobile payment market has flourished in China. With the advent of the mobile internet, shopping on phone has gradually become a trend. The young aged between 18 to 30 make up the largest group of this market. Since it is easy to pay with mobile phone, many consumers are willing to use mobile phone rather than cash or credit card for the payment. To encourage people’ s consumption, many shops give discounts to customers who use mobile payment. Experts predict that China’ s mobile payment market still has great potential of development in the future.