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18/02/2014 - Secura Monde International (SMI)
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  • Home
  • Our Business
    • Pre-issue: cash & currency analysis
      • Currency Structure Analysis
      • Security Feature Assessment
      • Currency Design & Banknote Testing
      • SMI Approach
    • Post-issue: cash management
      • Analysis & Benchmarking
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      • In-house Cash Processing
    • Market Research & Analysis
  • Industry News & Events
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Large increase in China’s mobile payments

Cashless Payments, News, TechnologyBy SMI18/02/2014

The People’s Bank of China has announced a 318% increase in mobile payment values in 2013 compared to 2012. It advised that 16.74bn mobile transactions with a value of 9.64tn Yuan (US$ 1.66tn) were processed during the period. Online payments made via computers grew by 28.9% year on year, totalling 1,061tn Yuan in 2013. Phone…

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