Summary of Key Points Core Viewpoint - The People's Bank of China has released the overall situation of the payment system for the second quarter of 2025, highlighting significant trends in bank accounts, card usage, and electronic payment activities. Group 1: Bank Accounts - As of the end of Q2 2025, there were a total of 15.238 billion bank accounts opened nationwide, including 116 million corporate accounts and 1.5122 billion personal accounts [5][6]. Group 2: Card Usage - The total number of credit cards and combined loan cards has continued to decline, reaching 715 million by the end of Q2, a decrease of 6 million from the end of Q1 and a 11.4% drop from the peak of 807 million [1][2]. Group 3: Non-Cash Payment Transactions - In Q2, banks processed 21.49789 trillion non-cash payment transactions, amounting to 136.536 trillion yuan [6]. - The number of card transactions reached 414.66 billion, with a total transaction value of 22.670 trillion yuan [2][6]. Group 4: Electronic Payment Data - Banks processed 80.053 billion electronic payment transactions, totaling 85.816 trillion yuan in Q2 [9]. - Non-bank payment institutions handled 333.845 billion online payment transactions, amounting to 8.211 trillion yuan [9]. Group 5: Payment System Operations - The payment system processed a total of 39.2751 billion transactions in Q2, with a total value of 308.483 trillion yuan, reflecting an 11.36% increase from the previous quarter [3][10].

Core Insights - The People's Bank of China reported the overall operation of the payment system for the second quarter of 2025, indicating a significant volume of transactions processed [1] Payment System Overview - In the second quarter, the payment system processed a total of 392.75 billion transactions, amounting to 308.48 trillion yuan [1] - The central clearing system handled 5.54 billion transactions, with a total value of 22.96 trillion yuan, averaging 61.45 million transactions daily, valued at 3.70 trillion yuan [1] Large and Small Payment Systems - The large-value real-time payment system processed 97.41 million transactions, totaling 21.70 trillion yuan, with a daily average of 1.60 million transactions valued at 3.56 trillion yuan [1] - The small-value batch payment system processed 1.26 billion transactions, amounting to 4.84 trillion yuan, with a daily average of 138.37 million transactions valued at 531.39 billion yuan [1] Online Payment and Foreign Currency Transactions - The online interbank clearing system processed 4.19 billion transactions, totaling 6.77 trillion yuan, with a daily average of 459.85 million transactions valued at 743.81 billion yuan [1] - The domestic foreign currency payment system processed 168.53 thousand transactions, amounting to 1.01 trillion yuan, with a daily average of 27.60 thousand transactions valued at 165.84 billion yuan [1]

Core Insights - The People's Bank of China reported the overall operation of the payment system for the second quarter of 2025, indicating a significant volume of transactions processed [1] Payment System Overview - In the second quarter, the payment system processed a total of 392.75 billion transactions, amounting to 308.48 trillion yuan [1] - The central clearing system handled 5.54 billion transactions, with a total value of 22.96 trillion yuan, averaging 61.45 million transactions daily, valued at 3.70 trillion yuan [1] Large and Small Payment Systems - The large-value real-time payment system processed 97.41 million transactions, totaling 21.70 trillion yuan, with a daily average of 1.60 million transactions valued at 3.56 trillion yuan [1] - The small-value batch payment system processed 1.26 billion transactions, amounting to 4.84 trillion yuan, with a daily average of 138.37 million transactions valued at 531.39 billion yuan [1] Online Payment and Foreign Currency Transactions - The online payment interbank clearing system processed 4.19 billion transactions, totaling 6.77 trillion yuan, with a daily average of 459.85 million transactions valued at 743.81 billion yuan [1] - The domestic foreign currency payment system processed 168.53 thousand transactions, amounting to 1.01 trillion yuan, with a daily average of 27.60 thousand transactions valued at 165.84 billion yuan [1]

Core Insights - The People's Bank of China released the overall situation of the payment system for the second quarter of 2025, highlighting significant growth in electronic payment transactions [1] Group 1: Electronic Payment Statistics - In the second quarter, banks processed a total of 800.53 billion electronic payment transactions, amounting to 858.16 trillion yuan [1] - Online payment transactions accounted for 182.17 billion, with a total value of 707.85 trillion yuan [1] - Mobile payment transactions reached 583.86 billion, totaling 136.06 trillion yuan [1] Group 2: Non-Bank Payment Institutions - Non-bank payment institutions processed 3,338.45 billion network payment transactions, with a total value of 82.11 trillion yuan [1]

Group 1 - The central bank reported a recovery in the growth of bank account numbers and a resurgence in non-cash payment business volume in the second quarter of 2020, indicating overall stability in the national payment system [1] - As of the end of Q2, there were 11.866 billion bank accounts opened nationwide, with a quarter-on-quarter growth of 3.05%, an increase of 1.62 percentage points compared to the previous quarter [1] - The number of personal bank accounts reached 11.795 billion, with an increase of 350 million accounts and a quarter-on-quarter growth of 3.06%, up 1.63 percentage points from the last quarter [1] Group 2 - In Q2, banks processed 83.72 billion non-cash payment transactions, amounting to 101.722 trillion yuan, representing year-on-year growth of 6.18% and 6.83% respectively [2] - Mobile payment transactions saw significant growth, with 30.141 billion transactions totaling 10.617 trillion yuan, reflecting year-on-year increases of 26.99% and 33.61% [2] - The payment system handled 171.641 billion payment transactions, with a total amount of 206.399 trillion yuan, which is 91.53 times the GDP for the same period [2]