Mobile Payments in China

Topic: Economics / Technology
Source: People's Bank of China

Each quarter, the People’s Bank of China (PBOC) releases data on the total value of electronic transactions that take place in China. The PBOC breaks this down further to include data on the value of transactions made using mobile devices.

The total value of mobile payments made in China grew from $1.9 trillion in 2013 to $51.8 trillion in 2019. View