Core Insights - The People's Bank of China released the "Overall Situation of the Payment System Operation in the Third Quarter of 2025," highlighting significant growth in banking accounts and non-cash payment transactions [1] Group 1: Banking Accounts - As of the end of the third quarter, a total of 15.395 billion bank accounts were opened nationwide [1] - Among these, 119 million were corporate bank accounts, with 82.7091 million being basic deposit accounts [1] - Personal bank accounts accounted for 15.276 billion, indicating a strong consumer banking presence [1] Group 2: Non-Cash Payment Transactions - In the third quarter, banks processed 168.508 billion non-cash payment transactions, amounting to 150.336 trillion yuan [1] - Electronic payment transactions reached 83.455 billion, with a total value of 94.540 trillion yuan [1] - Online payment transactions were 19.393 billion, valued at 79.259 trillion yuan, while mobile payment transactions totaled 60.631 billion, amounting to 13.753 trillion yuan [1] Group 3: Payment System Operations - The payment systems, including various clearing and settlement systems, processed a total of 432.143 billion payment transactions, with a total value of 349.998 trillion 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]