Value of online banking transactions in China 2017-2020

Published by
Daniel Slotta,
Jul 14, 2023
In 2020, the value of online banking transactions in China amounted to 1.8 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 online banking transactions in China from 2017 to 2020 (in trillion yuan)

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Release date

April 2021

Region

China

Survey time period

2017 to 2020

Supplementary notes

One yuan equals 0.15 U.S. dollars and 0.13 euros (as of July 2021).

Values have been rounded.

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