The bank of our country deals with 926.03 trillion yuan in non-cash payment in the third quarter
Xinhua News Agency, Beijing, 22 Nov (Reporter Wu Yu) according to data released by the people's Bank of China on the 22nd, in the third quarter of this year, China's banks handled a total of 89.76 billion non-cash payment businesses, with an amount of 926.03 trillion yuan. Year-on-year increases of 54.8% and 0.06%, respectively.
The people's Bank of China said that the national payment system operated smoothly in the third quarter, the scale of social capital transactions continued to expand, and the volume of payment business maintained steady growth. The number of bank accounts is growing steadily, the transaction volume of bank cards is rising steadily, and the volume of mobile payment business is growing relatively fast.
As of the end of the third quarter, the number of bank cards issued nationwide was 8.217 billion, an increase of 3 per cent over the previous quarter, according to payment business statistics. The average person in the country holds 5.89 bank cards. A total of 87.39 billion bank card transactions occurred nationwide, with an amount of 220.59 trillion yuan, an increase of 57.69 per cent and 2.98 per cent respectively over the same period last year. The total amount of credit card outstanding for half a year is 91.916 billion yuan, accounting for 1.24% of the credit card credit balance, accounting for an increase of 0.08 percentage points compared with the end of the previous quarter.
The people's Bank of China said that in the third quarter, the volume of mobile payment business grew relatively fast, with banks handling a total of 59.464 billion electronic payment business, with a total amount of 612.9 trillion yuan. Of these, 27.274 billion were mobile payment businesses, with an amount of 86.11 trillion yuan, an increase of 61.05 per cent and 31.52 per cent respectively over the same period last year.
In addition, in the third quarter, non-bank payment institutions handled 191.187 billion online payment businesses, with an amount of 63.99 trillion yuan, an increase of 37.01 percent and 23.04 percent respectively over the same period last year.