Value of mobile banking transactions in China Q1 2021-Q1 2022

Published by
Daniel Slotta,
Sep 11, 2024
In the first quarter of 2022, the value of online banking transactions in China amounted to 150 trillion yuan. In China, online and mobile payments are very popular for retail consumers. Despite all banks having online banking software, they compete with much more popular and convenient third-party payment providers like Alipay or Tencent.

Value of mobile banking transactions in China from 1st quarter 2021 to 1st quarter 2022 (in trillion yuan)

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Release date

May 2022

Region

China

Survey time period

Q1 2021 to Q1 2022

Supplementary notes

One yuan equals to 0.15 U.S. dollars and 0.14 euros (as of May 2022).

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