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  • Lower transaction fees set to boost international bank card usage in China

    International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to encourage more local merchants to accept these card payments.

    July04,2024


  • China issues 9.25 bln bank cards by end of 2021

    China had issued a total of 9.25 billion bank cards by the end of 2021, according to an industry report.

    September26,2022


  • China issues 8.98 bln bank cards in total

    China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper.

    October18,2021


  • ​China issues 8.53 bln bank cards by end of 2019

    China had issued a total of 8.53 billion bank cards by the end of 2019, the Xinhua-run Shanghai Securities News reported on Wednesday.

    September24,2020


  • China issues 7.83 bln bank cards in total

    China had issued a total of 7.83 billion bank cards by the end of 2018, with each Chinese person owning about 0.7 credit cards and 4.92 debit cards on average, according to a industry report.

    June24,2019


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