Chinese banks report 28% increase in mobile payment volumes

5. March 2018.

“Chinese banks saw a surge in mobile payments last year, official data showed Monday. Banking institutions handled 203tn yuan (US$32tn) in mobile payments in 2017, up 28.8%, according to the People’s Bank of China (PBOC).”

Read the rest of Chinese banks report 28% increase in mobile payment volumes at NFC World.

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