China’s payment system operated smoothly in the first quarter.

　　Beijing, 23rd June (Reporter Xu Peiyu) The statistics of payment business in the first quarter of 2023 recently released by the People’s Bank of China show that in the first quarter, the payment system in China operated smoothly, and the number of bank accounts, non-cash payment business volume and payment system business volume maintained overall growth. In the first quarter, the national banks handled 114.587 billion non-cash payments, amounting to 1,277.53 trillion yuan, up 18.46% and 11.10% respectively.

　　The number of bank accounts increased slightly. By the end of the first quarter, 14.221 billion bank accounts had been opened nationwide, up 0.39% from the previous quarter. The number of unit bank accounts has kept growing. By the end of the first quarter, 95,173,800 corporate bank accounts had been opened nationwide, up 2.93% from the previous quarter. The number of personal bank accounts increased slightly. By the end of the first quarter, 14.126 billion personal bank accounts had been opened nationwide, up 0.37% from the previous quarter.

　　The total amount of bank cards increased slightly. By the end of the first quarter, 9.573 billion bank cards had been opened nationwide, up 1.01% from the previous quarter. Each person holds 6.78 bank cards, including 0.56 credit cards and debit-credit cards.

　　The electronic payment business of banks has increased. In the first quarter, banks handled 67.584 billion electronic payment transactions, amounting to 831.82 trillion yuan, up 6.83% and 12.44% respectively. Among them, online payment business was 22.089 billion transactions, down 6.28% year-on-year, amounting to 666.15 trillion yuan, up 13.84% year-on-year; There were 41.284 billion mobile payment services, amounting to 144.60 trillion yuan, up by 19.14% and 9.90% respectively. There were 54 million telephone payment services, amounting to 2.42 trillion yuan, down 17.53% and 9.48% respectively.

　　The business volume of RMB cross-border payment system increased rapidly. In the first quarter, RMB cross-border payment system handled 1,372,000 transactions, amounting to 25.17 trillion yuan, up 62.50% and 12.63% respectively. It handled 22,500 transactions every day, with an amount of 412.664 billion yuan. The business volume of the online clearing platform increased significantly. In the first quarter, the online clearing platform handled 181.298 billion transactions, amounting to 117.32 trillion yuan, up by 19.95% and 10.85% respectively, and handled 2.014 billion transactions, amounting to 1.30 trillion yuan.