The report points out that in 2018, banking financial institutions handled 57.013 billion online payment services, with an amount of 2126.3 trillion yuan, a year-on-year increase of 17.36% and 2.47% respectively; There were 60.531 billion mobile payment services, with an amount of 277.39 trillion yuan, an increase of 61.19% and 36.69% respectively year-on-year. The mobile payment business of banking financial institutions continued to maintain rapid growth.
By the end of 2018, the number of online banks in rural areas had reached 612 million, a year-on-year increase of 15.29%; In 2018, there were 10.208 billion online banking payments, a slight increase over the previous year, with an amount of 147.46 trillion yuan, a slight decrease compared with the previous year. By the end of 2018, the number of mobile banks in rural areas had reached 670 million, a year-on-year increase of 29.64%; In 2018, there were 9.387 billion mobile banking payments, with an amount of 52.21 trillion yuan, a year-on-year increase of 3.04% and 34.26% respectively.