China's Online Payment Users Top 900 Mln: Report
Release time：2024-05-21 19:28:36 Source：International Interplay news portal
-
Contact Us
- Home
- News
- People
- In-depth
- ACWF
- 2023 Women Science and Technology Innovation Pioneer...
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
China's Online Payment Users Top 900 Mln: Report
June 16, 2022 |
| A volunteer helps seniors use an online payment APP at a community in Fengtai District, Beijing, capital of China, Nov. 12, 2021. [Xinhua/Li Xin] |
BEIJING, June 15 (Xinhua) — The number of online payment users in China amounted to 904 million at the end of 2021, a report said Wednesday.
The figure accounted for 87.6 percent of the country's total netizens and was up by nearly 50 million from a year ago, according to the Payment & Clearing Association of China.
China's cashless and cardless trend continues to grow, covering an increasing number of scenarios from ordering food to paying bus fare. Chinese banks handled 102.28 billion such transactions with a combined value of 2,353.96 trillion yuan (about 350 trillion U.S. dollars) last year, 5.32 times and 2.86 times that of 2012, respectively.
As competition deepens, the sector's market concentration declined last year, according to the association's deputy secretary-general Wang Suzhen.
The top 10 banks in online payment contributed 83.75 percent of the total online payment volume of the association's bank members in 2021, down 7.63 percentage points year on year, and the 10 largest payment institutions saw their share down slightly by 0.48 percentage points to 96.25 percent.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
Photos
Special Coverage
- Previous：Analysis: Larson enters conversation with Verstappen as best drivers in the world
- Next：Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
Related articles
- Jon Wysocki dead at 53: Staind drummer passes away
- Cucho, Moreira score goals to help Crew play Timbers to 2
- First aid consignment via Cyprus corridor departs for Gaza
- Britain's Got Talent winners
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- Rapids use pair of own goals to beat Dallas 2
- Messi scores twice, Inter Miami beats Nashville SC 3
- Ruins of 3,000
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Rigoni, Stuver propel Austin to 1
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- TOWIE star Vas J Morgan parties with Booby Tape owners Bianca and Bridgett Roccisano in Melbourne
- Yankees' Cortes learns pump fake pitch is actually illegal; pitches seven innings vs. Rays
- Spring outing popular among Chinese people: survey
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- Stepmom who starved four
- Brice Turang and Jackson Chourio hit back
- Toronto's Nylander out for Game 1 against Bruins
- Devout Christian doctor, 68, who punched dementia
- Britain's Got Talent winners
Random recommendation
- Copyright © 2024 Powered by China's Online Payment Users Top 900 Mln: Report ,International Interplay news portal sitemap