Abstract:

The influential factors for the industry development of the mobile payment in China are mainly analyzed in this paperAfter reviewing the related study of mobile transaction from home and abroad, based on the Michael Porter diamond model, the paper lists 5 key factors which influence the development of the mobile payment industryIn the view of the mode selection of mobile payment industry development, this paper builds an influential factor model using weighted methodFinally the paper explains the relationship among influential factors in detail and puts forward the development trend of the mobile payment in China

Key words: mobile payment, industry development, diamond model, influence factor