Netsunion reported a total number of 13.382 billion online payment transactions with a total value of 7.23 trillion yuan during the past eight-day Golden Week holiday in China from 1 October.
The average daily transaction processed by Netsunion during this period increased by 47% over the same period last year. The transaction scale on China's National Day, October 1 was the highest, with 1.847 billion transactions handled in a single day, with an amount of more than 993.721 billion yuan.
The online transactions processed by UnionPay reached 2,520 billion yuan during this holiday, and the average daily transaction value increased by 8.3% year on year. Among them, the online transaction value via UnionPay on October 1 exceeded 330 billion yuan, a year-on-year increase of 15.5%.
NetsUnion Clearing Corporation is the operator of China’s nationwide centralized platform for processing online transactions undertaken by the country’s third-party payment providers involving bank a...
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