SHANGHAI residents spent the most through Alipay, with average spending amount jumping nearly 50 percent from a year ago to 148,000 yuan (US$21,332), according to latest figures released by Alibaba’s payment and financial affiliate yesterday.

The purchase of physical goods by Shanghai residents amounted to 16,804 yuan of the total spending, while online services such as payment of public utility bills and wealth management products have also gained momentum in the city.

Overseas payment through digital channels is also booming with the top outbound destinations for travel being Korea, Hong Kong, Thailand, Taiwan, Japan and Australia, according to Alipay data.