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| Non-cash payments handled by Chinese banks continued steady growth in the third quarter of 2023, data from the central bank showed. |
| Non-cash payments hit 1326.19 trillion yuan (about 186.91 trillion U.S. dollars) during the period, up 3.92 percent year on year, according to a report from the People's Bank of China. |
| Electronic payments took the lion's share of non-cash payments, with a total transaction value of 858.34 trillion yuan, said the report. |
| A closer look at data for electronic payment vehicles showed that mobile payments expanded 10.1 percent compared with the same period last year to 137.71 trillion yuan. |
| Bank card transactions also went up in the third quarter, increasing by 1.74 percent year on year to 260.77 trillion yuan, the data revealed. |
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