China's central bank People's Bank of China released the overall situation of payment system operation in the second quarter of 2020.
The number of ATM cards issued in use nationwide was 8.658 billion, up 1.52% month on month. There are 6.18 bank cards per capita in China.
In the second quarter, there were 30.141 billion mobile payment transactions, with an amount of 106.17 trillion yuan, up 26.99% and 33.61% year-on-year respectively.
The number of bank accounts increased. A total of 11.866 billion bank accounts had been opened nationwide in Q2 2020, up 3.05% month on month, and the growth rate was 1.62 percentage points higher than that at the end of the previous quarter.
The number of business bank accounts kept increasing. By the end of the second quarter, 71.808 million bu...
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