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China reports strong growth in online payments during summer months 2025/9/12 source: Print

China's online payment clearinghouse NetsUnion and card payment giant China UnionPay reported strong online payment growth in July and August, a peak season for tourism and consumption, central bank data showed Sunday.

Over the two-month period, online payments via the two platforms totaled 151.66 trillion yuan (about 21.34 trillion U.S. dollars), up 16.64 percent year on year, according to the People's Bank of China.

The two platforms handled nearly 277 billion transactions during the period, a year-on-year increase of 14.59 percent, the central bank said.


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