Payments Research

Jul

Payments Industry in China: 25% yearly growth again?

According to PBoC 2013 Annual Report, the payments industry in China is growing fast, 17% in 2013 alone and 25% on average in the last five years.

Jun

Size of China's Credit and Debit Card market

China Payments Research

China’s Credit Card Market is far from Saturated

The latest payment report released by PBOC shows that by the end of 2014Q1, the cumulative number of bank cards issued reached 4.39 billion. Debit cards are still the most widely used card type, accounting for approximately at 3.97 billion.

Jun

China Payments Research

The future of mobile payment in China

The latest payment report released by PBOC shows that in 2014Q1, electronic payments kept a steady growth with the most eye-catching performance being from mobile payments.

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