Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Online payment clearinghouse reports surging transactions during National Day holiday

October 09, 2019


Abstract : Chinese online payment clearinghouse NetsUnion Clearing Corporation reported surging daily transactions during the just-concluded National Day holiday.

BEIJING, Oct. 8 (Xinhua) -- Chinese online payment clearinghouse NetsUnion Clearing Corporation reported surging daily transactions during the just-concluded National Day holiday.

Daily transactions rose 79.92 percent year on year during the Oct. 1-Oct. 7 period, while daily transaction volume skyrocketed 163.38 percent over one year ago, according to the company.

The first day of the week-long holiday saw 1.29 billion transactions, the highest among the seven days.

A total of 8.594 billion transactions were processed by the platform during the past week, involving 4.33 trillion yuan (about 607.2 billion U.S. dollars) in volume.

The country's two major third-party payment platforms WeChat Pay and Alipay all reported robust transactions during this period.

Scan the QR code and push it to your mobile phone

Keyword: online payment

Reading:

China to introduce regulation to improve business environment and facilitate investment

China Focus: Six years on, Shanghai FTZ bears fruit amid bolder reform

China's retail sales see steady growth in 2018

Suning completes acquisition of 80 pct stake in Carrefour China

Chinese bank promotes RMB financial express services in Myanmar

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial