The "2023 China Payment Institutions TOP Composite Index List" jointly sponsored by ShowFin Think Tank, TOP100 Organizing Committee, PayEncyclopedia, and Heat Wave Finance officially came to an end on December 28, and hundreds of outstanding companies in the industry were honored on the list with their excellent performance this year.
China's payment industry is an important force driving the development of China's financial industry, and continues to play a pivotal role in helping cross-border**, developing financial technology, and empowering the financial industry. At present, the payment industry is in the process of strategic transformation and upgrading, gradually bidding farewell to the development model of high leverage and fast turnover, and entering the stage of operation-driven and high-quality development. In 2023, in the face of a complex and volatile economic backdrop and policy environment, some companies still perform well in terms of corporate growth and profitability.
The "China Payment Institutions TOP Composite Index List" is one of the most authoritative and influential recognition programs in China's payment field, which was officially launched in 2016 and has led us to witness the brilliant development of the industry. Under the guidance of the China Index Academy and the Shanghai Finance and Development Laboratory, the "2023 China Payment Institutions TOP Composite Index List" officially sounded the recruitment call in November, with a total of five categories: 2023 Top 100 Payment Institutions, 2023 Top 20 Bank Card Acquiring List, 2023 Top 20 Cross-border Payment List, 2023 Top 20 Internet Payment List, and 2023 Mobile Payment Top 20 List.
The selection activities of this list focus on the innovative applications of China's payment industry and the scenario applications, business models, and development trends that serve industry innovation, and collect and select bank card acquiring, cross-border payment, Internet payment, and mobile payment. Adhering to the principle of "fairness and justice, openness and transparency, integration and innovation", the shortlist is generated through independent registration and third-party expert recommendation, and the applicant enterprises can choose the direction of the list according to their own fields and needs.
The selection brings together more than 10 industry experts and leaders from the fields of business, research, consulting, and other fields as the annual review, after four links, such as registration collection, preliminary screening of the list, preliminary review of the project, and closed-door review, the jury comprehensively measures the comprehensive performance of the participating companies, continues to collect the opinions of "industry experts + investors", and selects more than 100 outstanding enterprises with outstanding performance in the four dimensions of volume, innovation, potential, and brand.
2023 Top 100 Payment Institutions The top 10 institutions (the statistical scope of this list is for the whole year of 2023) are Alipay, Tencent Pay, UnionPay Commerce, Qiandaibao, Lakala Pay, Lianlian Pay, Wuhan Hezhong Yibao, Ping An One Wallet, Allinpay, and Guotong Xingyi, which fully demonstrates the industry status of leading enterprises and the strong development resilience of the payment industry.
The details of the 2023 China Payment Institutions TOP Composite Index are as follows:
Top 100 Payment Institutions in 2023
2023 Top 20 Bank Card Acquiring List
2023 Top 20 Cross-border Payment List
2023 Top 20 Internet Payment List
2023 Top 20 Mobile Payment List