In the past few years, the mobile payment market has been booming in China. With the emergence of mobile internet, mobile shopping has gradually become a trend. Young people aged 18 to 30 constitute the largest group in the mobile payment market. Since it is so easy to pay with mobile phones nowadays, many consumers prefer to pay with mobile phones rather than cash or credit cards when shopping. In order to encourage consumption, many stores give discounts to customers who use mobile payment. Experts predict that China Mobile Payment Market still has great potential in the future.