Date
21 January 2018

Mobile payment Q4 transactions surge, paper says

Mobile payment transactions rose to 607 million during the fourth quarter of 2013, up 164.91 percent year on year, China Securities Journal reported Tuesday. The deals were worth 3.57 trillion yuan (US$588.75 billion), up 252.66 percent. Non-cash transactions were 13.94 billion worth 434.69 trillion yuan, up 22.47 percent and 21.91 percent, respectively, the report said.

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EL/MY/RA

 

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