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China

Chinese Yuan (CNY)

China is one of the world’s leaders when it comes to digital payments, with 275 billion electronic payment transactions being processed in 2021. The mobile payment revolution, and the shift away from cash, are in large part due to the prevalence of Alipay and WeChat Pay, which account for 90% of the $17 trillion digital payments ecosystem.

Republic of China flag

Population

1,425,671,352

Banked Population:

88.71%

Group 427321246

Main industries

Copper, Construction, Online Shopping, and Real Estate

Group 427321247

Main imports

Crude Petroleum, Integrated Circuits, Iron Ore, Cars, and Soybeans

Group 427321248

Main exports

Broadcasting Equipment, Computers, Integrated Circuits, Office Machine Parts, and Cloth Articles

GDP stats

$12,556.3

per capita (USD)

8.1%

Growth Annually

2

World ranking

Internet usage

73%

Smartphone usage

66%

Credit / Debit card usage

68%

Population transacting electronically

68%

Group 427321245 1

Total volume of digital payments projected to reach

$3,851.00B (USD)

Alipay Transfer

eWallet

Alipay

eWallet

P2P

Yangjiang Rural Commercial Bank Co

Payout

Dongying Rural Commercial Bank

Payout

Guangzhow Huadu Chouzhou Rural Bank

Payout

Jinzhong Bank

Payout

Suining Commercial Bank

Payout

Fujian Zhangping Mintai County Bank

Payout

Changzhou Rural Credit Cooperatives

Payout

Zhejiang Rural Commercial United Bank

Payout

Wuming Lijiang County Bank

Payout

Yantai Bank

Payout

Wenling Rural Commercial Bank

Payout

Zhuhai Rural Credit Cooperatives

Payout

Woori Bank

Payout

Zhangjiakou Commercial Bank Limited By Share Ltd

Payout

Wuxi Rural Commercial Bank Co Ltd

Payout

Zhejiang Mintai Commercial Bank

Payout

Bank Of Wenzhou

Payout

Zhejiang Rural Credit Union

Payout

Bank Of Xi'an

Payout

Zhejiang Tailong Commercial Bank

Payout

XINJIANG RURAL CREDIT COOPERATIVES

Payout

Rural Commercial Bank Of Zhangjiagang

Payout

Xiamen Bank

Payout

Zhongshan Rural Credit Union

Payout

Bank Of Xingtai

Payout

Zhuxi Chunongshang Rural Bank

Payout

Yaan City Commercial Bank

Payout

Zhongyuan Bank Co.,Ltd

Payout

Yaoan Credit Cooperative Union

Payout

Zhejiang Yilu Rural Commercial Bank

Payout

Hangzhou United Bank

Payout

Chongqing Yubei Yinzuo Village Bank

Payout

Zaozhuang Bank

Payout

Webank

Payout

Yaodu Rural Credit Union

Payout

PAYOUT

Weihai City Commercial Bank

Payout

Yingkou Rongsheng Rural Commercial Bank

Payout

Wuhan Rural Commercial Bank

Payout

Yunnan Rural Credit Cooperatives

Payout

Wujiang Rural Commercial Bank

Payout

Yellow River Rural Commercial Bank

Payout

Bank Of Nanjing

Payout

Bank Of Rizhao

Payout

Shanxi Province Rural Credit Union

Payout

Ningbo Yinzhou Rural Commercial Bank Co.,Ltd

Payout

Shinhan Financial Group China

Payout

Beijing Shunyi Yinzuo Village Bank

Payout

Ordos Bank

Payout

Sichuan Rural Credit Cooperatives Union

Payout

Bank Of Suzhou

Payout

Ping An Bank

Payout

Sichuan Tianfu Bank

Payout

Shenzhen Rural Commercial Bank

Payout

Bank Of Pingdingshan

Payout

Shenzhen Develop Bank

Payout

Shizuishan Bank

Payout

Postal Savings Bank Of China

Payout

Shunde Rural Credit Union

Payout

Bank Of Taian

Payout

Panzhihua City Commercial Bank

Payout

Shunde Rural Commercial Bank

Payout

Taicang Rural Commercial Bank

Payout

Bank Of Qingdao(Bqd)

Payout

Shandong Rural Credit Union

Payout

Tianjin Rural Commercial Bank

Payout

Chongqing Qianjiang Yinzuo Village Bank

Payout

Shengjing Bank

Payout

Tianxi Rural Commercial Bank

Payout

Qilu Bank

Payout

Zhejiang Sanmen Yinzuo Village Bank

Payout

Bank Of Taizhou

Payout

Qishang Bank

Payout

Shanghai Pudong Development Bank

Payout

Bank Of Urumqi

Payout

Bank Of Quanzhou Co., Ltd

Payout

Bank Of Shangrao

Payout

Zhejiang Ruian Rural Commercial Bank Company Limited

Payout

Shanghai Rural Commercial Bank

Payout

Rural Credit Cooperatives

Payout

Shanxi Rural Credit Cooperative

Payout

Jiangnan Rural Commercial Bank

Payout

Bank Of Shaoxing

Payout

Nanchong Commercial Ban

Payout

Rizhao Donggang Rural Commercial Bank

Payout

Jin Shang Commercial Bank

Payout

Jilin Province Rural Credit Bank

Payout

Lu An Rural Commercial Bank

Payout

Bank Of Jining

Payout

China Linshang Bank Co. Ltd.

Payout

Jiangsu Nantong Rural Commercial Bank

Payout

Bank Of Langfang

Payout

Zhejiang Jingning Yinzuo Village Bank

Payout

Lucheng Rural Commercial Bank

Payout

HuaXia Bank

Payout

Jiangxi Rural Credit Cooperative

Payout

Longjiang Bank Corporation

Payout

Huarong Xiangjiang Bank

Payout

Jiangsu Province Rural Credit Union

Payout

Liaoning Rural Credit Union

Payout

Heyang Huimin Village Bank

Payout

China Jiangsu Bank Co., Ltd.

Payout

Laishang Bank

Payout

Bank Of HangZhou

Payout

Jinshang Bank Online

Payout

Bank of Liaoyang

Payout

Bank Of Huzhou

Payout

Jiangxi Bank

Payout

Bank Of Lanzhou Co.,Ltd.

Payout

Industrial Bank Of Korea

Payout

Jiaxing Bank Clearing Center

Payout

Bank Of Liuzhou

Payout

Industrial and Commercial Bank of China

Payout

Jiangyin Bank

Payout

Mizuho Financial Group

Payout

Inner Mongolia Rural Credit Union

Payout

Jiaozuo City Commercial Bank

Payout

Mianyang City Commercial Bank

Payout

Jincheng Bank

Payout

KEB Bank China

Payout

Bank of Ningbo

Payout

Bank Of Jinhua

Payout

Commercial bank of Kaifeng

Payout

Ningbo Commerce Bank

Payout

Bank Of Jiujiang

Payout

Bank Of Kunlun(Klb)

Payout

Nanyang Commerical bank CHINA Limited

Payout

Bank Of Jilin

Payout

Kunshan Rural Commercial Bank

Payout

Zhejiang Chouzhou Commercial Bank

Payout

China Guangdong Nanyue Bank Co., Ltd.

Payout

Jiangxi Ganzhou Yinzuo Village Bank

Payout

HSBC China

Payout

Dalian Rural Commercial Bank

Payout

Guangdong Xinyi Rural Commercial Bank

Payout

Hana Bank

Payout

Hubei Shiyan Rural Commercial Bank

Payout

Drc Bank

Payout

Guangdong Rural Commercial Bank

Payout

Hebei Rural Credit Union

Payout

Hubei Bank Corporation Limited

Payout

Dangshan Rural Commercial Bank

Payout

Guangdong Rural Credit Cooperative

Payout

Hubei Rural Credit Cooperatives

Payout

Haikou Rural Commercial Bank

Payout

Dongying Bank

Payout

Guangdong Huaxing Bank

Payout

Hangzhou City Commercial Bank

Payout

Dongying Lai Commercial Village Bank

Payout

Guangzhou Rural Commercial Bank; Grcb

Payout

Huaan Rural Credit Union

Payout

Dongyang Rural Commercial Bank

Payout

Guangxi Rural Credit Cooperatives(Cooperative Bank)

Payout

Bank Of Handan

Payout

Dezhou Bank

Payout

Gansu Rural Credit Union

Payout

Hengfeng Bank Co.Ltd

Payout

Dazhou Bank

Payout

China Guilin Bank Co., Ltd.

Payout

HanKou Bank

Payout

Fubon Bank

Payout

Great Wall West China Bank Co.,Ltd.

Payout

Heilongjiang Rural Credit Coopertive

Payout

Fujian Haixia Bank

Payout

Bank Of Guiyang

Payout

Hainan Rural Credit Cooperatives

Payout

Fujian Rural Credit Cooperatives

Payout

Guiyang Rural Commercial bank

Payout

Henan Rural Credit Cooperatives

Payout

Shenzhen Futian Yinzuo Village Bank

Payout

Bank of Guangzhou

Payout

Harbin Bank Clearing Center

Payout

Fudian Bank Co.,Ltd

Payout

GuangZhou Commercial Bank

Payout

The Press Association In Hubei Province Rural Credit Cooperatives

Payout

Bank of Gansu

Payout

Bank Of Ganzhou

Payout

Hunan Rural Credit Union

Payout

Guangdong Development Bank

Payout

Guizhou Rural Credit Union

Payout

Huishang Bank

Payout

Bank Of Qinghai

Payout

Bank Of Chengde

Payout

Bank of Ruifeng

Payout

China Industrial Bank

Payout

Bank of Shanghai

Payout

Citibank China

Payout

Bank Of Tianjin Co.,Ltd.

Payout

China Citic Bank

Payout

Zigong Commercial Bank Clearing Center

Payout

Jiangsu Changjiang Commercial Bank

Payout

Bank of Dongguan

Payout

Bank Of Zhengzhou

Payout

China Merchants Bank

Payout

Bank of Dandong

Payout

Baoshang Bank Limited

Payout

China Minsheng Bank

Payout

Bank Of Dalian

Payout

Bank of Sanxiang

Payout

China Development Bank

Payout

Fuxin Bank Clearing Center

Payout

Bank Of Weifang

Payout

Bank Of Communications

Payout

Bank of Fushun

Payout

Bank of Wuhai

Payout

Bank Of Chongqing Co.,Ltd.

Payout

Bank Of Hengshui

Payout

Bank Of Yingkou

Payout

Chongqing Rural Commercial Bank

Payout

Bank Of Huludao Co., Ltd

Payout

Chang'an Bank

Payout

Zhuhai China Resources Bank Clearing Center

Payout

Bank Of Inner Mongolia

Payout

China BoHai Bank

Payout

Bank Of Changsha

Payout

Bank Of Jinzhou

Payout

China Construction Bank

Payout

Changshu Rural Commercial Bank

Payout

Bank Of Luoyang Co.,Ltd.

Payout

Chengdu Rural Commercial Bank

Payout

ChinaTrust Commercial Bank

Payout

Bank Of Ningxia

Payout

China Everbright Bank

Payout

China Zheshang Bank

Payout

Beijing Rural Commercial Bank

Payout

Bank of Beijing

Payout

Bank of China

Payout

Agricultural Bank of China

Payout

Bank of Chengdu

Payout

Agricultural Development Bank of China

Payout

Bank Of Cangzhou

Payout

Anhui Rural Credit Union

Payout

Anshan City Commercial Bank

Payout

Zhejiang E Commerce Bank

Payout

Bank of Anyang

Payout

Bank of Baoding

Payout

Guangxi Beibu Gulf Bank

Payout

Bank of Chaoyang

Payout

Bank Of East Asia

Payout

Bank Of Guizhou Co

Payout

Bank Of Hebei Co., Ltd.

Payout

Bank of Hainan

Payout

Payment Methods in People’s Republic of China

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