Mo­bile pay­ments grow by triple dig­its in Q2

China Daily (Hong Kong) - - BUSINESS DIGEST -

Pay­ments through mo­bile de­vices in China grew by triple dig­its in the sec­ond quar­ter as the mar­ket for on­line trans­ac­tions con­tin­ued its ro­bust growth, ac­cord­ing to a cen­tral bank re­port is­sued on Tues­day. There were 371 mil­lion mo­bile trans­ac­tions in the sec­ond quar­ter na­tion­wide, up 274.7 per­cent from a year ago. Trans­ac­tion vol­ume surged 363.9 per­cent com­pared with the same quar­ter last year and reached 2.07 tril­lion yuan ($338 bil­lion). This marks the fastest pe­riod of growth ever in the coun­try’s

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