In 2017, the number of POS machines per 10,000 people in the country was only 225.56.

The central bank's website released the "Overall Situation of the Payment System in 2017" on March 5. The data shows that the national payment system is running smoothly and the payment business volume has maintained steady growth.

In 2017, a total of 160.878 million non-cash payment businesses were handled nationwide, amounting to 3,759.94 trillion yuan, an increase of 28.59% and 1.97% respectively.

Mobile payment: In 2017, banking financial institutions handled a total of 152.58 billion electronic payment services with an amount of 2,419.20 trillion yuan. Among them, the mobile payment business was 75.552 billion, with an amount of 202.93 trillion yuan, an increase of 46.06% and 28.80% respectively.

POS machine: As of the end of 2017, the bank card cross-bank payment system was connected to 25.62 million households, and the networked pos machine was 31.18 million units, an increase of 5,254,400 and 6,563,600 units respectively. The number of POS machines per 10,000 people in the country was 225.56, an increase of 26.04%.

Credit cards: As of the end of 2017, the number of cards issued by the national bank cards was 6.693 billion, an increase of 9.27%. Among them, the total number of credit card and loan-to-debt cards issued was 588 million, an increase of 26.35% year-on-year. The per capita holding of credit cards nationwide was 0.39, a year-on-year increase of 25.82%.

Networking platform: As of the end of 2017, a total of 248 commercial banks and 65 payment institutions accessed the networked platform, and each payment institution switched the network payment service involving bank accounts from the direct connection channel to the network connection platform in an orderly manner.

The following is the full text of the central bank's "General Situation of the Payment System in the Third Quarter of 2017":

The overall operation of the payment system in 2017

According to the statistics of payment business in 2017, the national payment system operated steadily, the scale of social capital transactions continued to expand, and the volume of payment business maintained steady growth.

1. Non-cash payment tools

In 2017, the country handled a total of 160.878 billion non-cash payment services, amounting to 3,759.94 trillion yuan, an increase of 28.59% and 1.97% respectively.

(1) Bills

The volume of bills continued to decline. In 2017, there were 256 million bill transactions in the country, amounting to 172.37 trillion yuan, down 12.79% and 8.21% respectively. Among them, the cheque business was 237 million, with an amount of 153.81 trillion yuan, down 13.09% and 7.23% respectively; the actual settlement of commercial draft business was 16.4839 million, with an amount of 16.77 trillion yuan, down 0.49% and 11.48% respectively; bank draft The business was 527,300, with an amount of 3,64.82 billion yuan, down 65.54% and 61.65% respectively; the bank's promissory business was 1,64,700, with an amount of 1.42 trillion yuan, down 29.97% and 31.92% respectively.

The volume of electronic commercial bill of exchange systems has grown rapidly. In 2017, the electronic commercial bill of exchange system issued 6,554,200 votes, amounting to 12.68 trillion yuan, an increase of 184.38% and 52.02% respectively; the acceptance of 6.78 million, the amount of 13.02 trillion yuan, an increase of 185.17% and 51.75%, respectively; discount 179.23 Tens of thousands of dollars, the amount of 6.95 trillion yuan, an increase of 113.96% and 20.50%, respectively; the transfer of 5,034,800, the amount of 44.48 trillion yuan, the number of cases increased by 62.71%, the amount decreased by 2.89%. The pledge repurchase was 440,000, with an amount of 6.92 trillion yuan, an increase of 181.20% and 104.90% respectively.

(2) Bank card

The amount of card issuance has maintained steady growth. As of the end of 2017, the number of cards issued in the country was 6.693 billion, an increase of 9.27%. Among them, the number of cards used for debit cards was 6.105 billion, an increase of 7.87% year-on-year; the number of cards issued for credit card and loan combined cards totaled 588 million, an increase of 26.35% year-on-year. The number of debit cards used in the card is 91.22% of the number of cards issued, which is lower than the end of the previous year. The per capita holding of bank cards was 4.84, a year-on-year increase of 8.35%. Among them, the per capita holding of credit cards was 0.39, a year-on-year increase of 25.82%.

The acceptance of the market environment is constantly improving. As of the end of 2017, there were 2,592,600 online merchants of bank card interbank payment systems, 3,118,600 networked POS machines, and 960,600 ATMs, an increase of 5,254,400, 6,563,600 and 36,400 units respectively from the end of the previous year. The number of POS machines per 10,000 people in the country was 225.56, an increase of 26.04% year-on-year, and the number of ATMs per 10,000 people was 6.95, an increase of 3.06%.

Bank card trading volume continues to grow. In 2017, a total of 149.431 billion bank card transactions occurred nationwide, amounting to 761.65 trillion yuan, an increase of 29.41% and 2.67% respectively, with an average daily volume of 409 million and an amount of 2.09 trillion yuan. Among them, the bank card is 9.461 billion, the amount is 67.92 trillion yuan, down 7.95% and 11.99% respectively; the cash withdrawal is 17.317 billion, the amount is 65.07 trillion yuan, down 3.78% and 0.65% respectively; the transfer business is 63.846 billion. The amount was 559.99 trillion yuan, up 31.17% and 3.20% respectively year-on-year; the consumer business was 58.627 billion yuan, with an amount of 68.67 trillion yuan, up 52.96% and 21.54% respectively. The bank card penetration rate reached 48.71% for the whole year, an increase of 0.24 percentage points over the previous year. The average spending amount of bank card was 10,300 yuan, up 11.22% year-on-year; the average spending amount of bank cards was 1,171.24 yuan, down 20.54% year-on-year.

The scale of bank card credit continues to grow. As of the end of 2017, the total credit amount of bank cards was 12.48 trillion yuan, a year-on-year increase of 36.58%; the credit balance of bank card receivables was 5.56 trillion yuan, a year-on-year increase of 36.83%. Bank credit cards have a credit line of 21,200 yuan and a credit utilization rate of 44.54%. Credit card overdue semi-annual outstanding credit totaled 66.11 billion yuan, accounting for 1.26% of credit card credit balance, accounting for a decrease of 0.14 percentage points from the end of the previous year.

(3) Other settlement services such as credit transfer

Other settlement business such as credit transfer has continued to grow. In 2017, a total of 11.191 billion credits, direct debits, collection commitments, domestic letters of credit and other businesses occurred in the country, amounting to 2 825.92 trillion yuan, an increase of 19.77% and 2.48% respectively. Among them, the credit transfer business was 9.667 billion, with an amount of 2 780.67 trillion yuan.

(4) Electronic payment

The volume of mobile payment services has maintained rapid growth. In 2017, banking financial institutions handled a total of 152.58 billion electronic payment services with an amount of 2,419.20 trillion yuan. Among them, online payment business was 48.78 billion, with an amount of 2,075.09 trillion yuan, a year-on-year increase of 5.20%, and the amount decreased by 0.47%; mobile payment business was 75.552 billion, amounting to 202.93 trillion yuan, up 46.06% and 28.80% respectively. The telephone payment business was 160 million, with an amount of 8.78 trillion yuan, down 42.58% and 48.56% respectively.

In 2017, non-bank payment institutions incurred 287.747 billion online payment services, amounting to 143.26 trillion yuan, an increase of 74.95% and 44.32% respectively.

Second, the payment system

In 2017, the payment system handled a total of 77.334 billion payment transactions, amounting to 5414.25 trillion yuan, an increase of 30.44% and 5.86% respectively.

(1) People's Bank Payment System

In 2017, the People's Bank of China's payment system handled a total of 12.289 billion payment transactions, amounting to 3,964.57 trillion yuan, an increase of 53.44% and 3.75% respectively, accounting for 15.89% and 73.22% of the payment system business and the amount respectively. The average daily processing business was 3,528,500, with an amount of 15.68 trillion yuan.

The volume of large-value real-time payment systems continued to grow steadily. In 2017, the large-value real-time payment system handled 932 million transactions, amounting to 3 731.86 trillion yuan, an increase of 12.89% and 3.20% respectively. The average daily processing business was 371,500, with an amount of 14.87 trillion yuan.

The volume of small-volume payment systems has continued to grow. In 2017, the small-volume batch payment system handled 2.528 billion yuan, amounting to 33.14 trillion yuan, an increase of 7.63% and 7.22% respectively. The average daily processing business is 6,924,800, with an amount of 90.807 billion yuan.

The online payment cross-bank clearing system business grew rapidly. In 2017, the online payment cross-bank clearing system handled a total of 8.464 billion transactions, amounting to 61.72 trillion yuan, an increase of 90.07% and 64.76% respectively. The average daily processing business was 2,318,800, with an amount of 169.096 billion yuan.

The amount of business in the same city clearing system increased slightly. In 2017, the same city clearing system handled a total of 359 million business, amounting to 130.85 trillion yuan, a decrease of 3.61% over the same period of last year, and the amount increased by 0.03%. The average daily processing business was 1,340,400, with an amount of 521.315 billion yuan.

The business volume of domestic and foreign currency payment systems declined slightly. In 2017, the domestic and foreign currency payment system handled a total of 201,600 transactions, and the processing business amounted to 1.01 trillion US dollars (equivalent to RMB 6.75 trillion yuan), an increase of 1.55% and 22.84% respectively. The daily average processing business was 8 034.26, with an amount of USD 4.013 billion (equivalent to RMB RMB 26.875 billion).

The National Check Image Exchange System is integrated into the micropayment system. Since September 4, 2017, banking financial institutions have handled the national check image exchange system business through a small-volume batch payment system. From January 1 to September 3, 2017, the National Cheque Image Exchange System handled a total of 4.735 million transactions, amounting to 256.687 billion yuan. The average daily processing business is 18,000, with an amount of 9.99 billion yuan.

(2) Payment systems of other institutions

Banking financial institutions' online payment system business volume continues to grow. In 2017, the banking industry financial institution's in-line payment system handled a total of 32.313 billion yuan, amounting to 1,333.69 trillion yuan, an increase of 25.10% and 9.73% respectively. The average daily processing business was 8 852,800, with an amount of 3.65 trillion yuan.

The business volume of bank card interbank payment systems has grown steadily. In 2017, the bank card interbank payment system handled a total of 29.348 billion yuan, amounting to 93.85 trillion yuan, an increase of 23.51% and 39.93% respectively. The average daily processing business was 80.4047 million, with an amount of 257.121 billion yuan.

The number of city commercial bank bill processing systems and payment clearing system business grew rapidly. In 2017, the city commercial bank bill processing system and payment clearing system handled 3,114,460, with an amount of 916.26 billion yuan. The average daily processing business is 90,700, with an amount of 2.510 billion yuan.

The number of business of the rural credit payment clearing system has maintained rapid growth. In 2017, the rural credit payment clearing system handled a total of 3.394 billion yuan, amounting to 6.67 trillion yuan, an increase of 99.23% and 22.99% respectively. The average daily processing business was 9,175,400, with an amount of 18.287 billion yuan.

The business volume of RMB cross-border payment systems has grown rapidly. In 2017, the RMB cross-border payment system handled 1,59,900, with an amount of 14.55 trillion yuan, an increase of 97.92% and 233.67% respectively. The average daily processing business was 5,056.22, with an amount of 58.45 billion yuan.

The network platform is running smoothly. As of the end of 2017, a total of 248 commercial banks and 65 payment institutions have access to the networked platform. Each payment institution has an orderly switch from the direct connection channel to the network connection platform.

Third, the RMB bank settlement account

As of the end of 2017, a total of 9.223 billion RMB bank settlement accounts were opened nationwide, an increase of 10.43% year-on-year, and the growth rate decreased by 2.91 percentage points.

(1) Unit bank settlement account

The number of bank settlement accounts of the unit has generally maintained an increase. The proportion of basic deposit accounts in the bank settlement accounts of the units has increased slightly, and the number of temporary deposit accounts has continued to decrease. As of the end of 2017, the country had opened a total of 5,483.43 million bank settlement accounts, an increase of 11.01% year-on-year, and the growth rate decreased by 0.26 percentage points. Among them, the basic deposit account is 37,923,100, the general deposit account is 13,131,100, the special deposit account is 3,409,600, and the temporary deposit account is 190,500, accounting for 69.16%, 24.28%, 6.22% of the total bank settlement account, respectively. 0.35%. The basic deposit accounts, general deposit accounts and special deposit accounts increased by 15.53%, 1.87% and 3.32% respectively, and the temporary deposit accounts decreased by 5.08%.

(2) Personal bank settlement account

The number of personal bank settlement accounts has grown steadily. As of the end of 2017, the country had opened a total of 9.169 billion personal bank settlement accounts, a year-on-year increase of 10.42%, a growth rate of 2.93 percentage points.