Published: 19:10, December 4, 2025
China's non-cash payments maintained sound performance in Q3
By Xinhua
A staff member introduces recharging process of the Beijing Pass, a multi-purpose card designed to enhance convenience for international visitors by simplifying payments for transportation, tourist sites and shopping centers, at a service counter in Beijing Capital International Airport in Beijing, capital of China, Jan 8, 2025. (PHOTO / XINHUA)

BEIJING -- Non-cash payments handled by Chinese banks remained sound in the third quarter of 2025, data from the central bank shows.

Non-cash payments processed by banks during the period totaled 168.51 billion transactions, with a combined value of 1.5 quadrillion yuan (about $212.54 trillion), according to data released by the People's Bank of China.

China's payment system operated smoothly in the third quarter. A total of 165.28 billion bank card transactions were made, with a total value of 234.92 trillion yuan. Of these transactions, those related to consumption came in at 33.19 trillion yuan, per the data.

During the same period, electronic payments had a total transaction value of 945.4 trillion yuan, including 137.53 trillion yuan in mobile payments.