E-payment value via non-bank channels in China 2013-2023

Published by
Daniel Slotta,
May 30, 2024
In 2023, the value of online payments conducted through non-bank payment service providers in China amounted to over 340 trillion yuan. The country's digital payment industry is the global vanguard of mobile transaction technology and innovation. The technology already is deeply embedded in Chinese everyday life.

Annual online payment value occurring through non-bank payment service providers in China from 2013 to 2023 (in trillion yuan)

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Release date

March 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of May 2024).

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Statistics on " Digital payments in China "

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General overview

4

Online payments

3

Mobile payments

6

User perspective

6

Special focus: cross border payments

4

Further related statistics

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Topics

Digital payments in ChinaMobile payments with digital walletsMobile payments in the United StatesDigital payments in IndiaE-Commerce in China
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