In 2017, there were 123 million new credit cards and 6.65 million POS machines, a year-on-year increase.
2023-03-11 11:07:57

On March 5, 2018, the People's Bank of China released the "Overall Situation of the Payment System in 2017". According to the data, in 2017, a total of 160.878 million non-cash payment services were handled nationwide, amounting to 3,759.94 trillion yuan; the payment system handled a total of 77.334 billion payment services, with an amount of 5414.25 trillion yuan; and non-bank payment institutions had 286.747 billion online payment services. The amount is 143.26 trillion yuan.
Just after the Lunar New Year, the reporter once quoted "In 2018, is there still a chance for the payment industry?" "The article discusses the overall development of the payment industry based on the overall situation of the third quarter payment system issued by the People's Bank at that time. Based on the 2017 annual data released by the People's Bank of China, the author has selected a bank card, POS machine and other dimensions in conjunction with the 2016 data to make a simple comparison table.

According to the operation report, the number of credit cards issued in 2017 (and the one-to-one loan card) totaled 588 million cards and the number of new credit cards was 123 million. This data was 465 million at the end of 2016, and the number of new credit cards increased by 33 million in the same year. That is to say, the number of newly issued credit cards in the bank has increased rapidly, and the number of new credit cards increased by 270% year-on-year.
Not only that, but at the end of 2016, the number of connected pos machines was 24.53 million units. By 2017, the value has climbed to 31,186,000 units, an increase of 6.65 million POS machines in one year. The statistics of the People's Bank of China should not be counted as MPOS and various hand brush products. If the hand brush is counted, the number will be doubled. It is worth noting that in 2016, only a total of 1.714 million POS machines were added.
That is to say, the number of bank credit card issuance and the number of new POS machines are showing a blowout trend. The imagination of the future payment industry is still huge!

The national image propaganda film "China One Minute" revealed that at present, China's mobile payment field has a trading volume of 379 million yuan per minute, which is a Chinese miracle.
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