The scale of mobile payment in China exceeded 29 trillion yuan (4.5 trillion U.S. dollars) in the third quarter of 2017, a report indicated.

According to the report released by internet research agency Analysys, the amount is a quarter-on-quarter increase of 28.02 percent.

Sectors such as e-commerce, food delivery services and travel saw steady growth, and mobile payment is becoming increasingly popular in smaller cities. In addition, mobile payment in public transportation also contributed to the high-speed growth, according to the agency.

Meanwhile, the total payment value via the internet rose 8.59 percent quarter on quarter to about 6.4 trillion yuan (983.4 billion U.S. dollars) in the third quarter.

E-commerce powerhouses like Alibaba and JD.com saw steady growth. The number of new users on their peer-to-peer lending, games and education platforms experienced growth, which contributed to internet payment growth, the report said.

Email: lansuying@nbd.com.cn