BEIJING (Xinhua): The non-cash payments handled by Chinese banks maintained steady expansion in 2020, with mobile payments sustaining growth momentum in previous quarters, data from the central bank showed.
The amount of money involved in non-cash payments, including commercial papers, bank cards and online payment vehicles, totaled 4,013.01 trillion yuan (about US$613.84 trillion) last year, up 6.18 per cent year on year, according to the People's Bank of China.
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