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Monday, 12 October 2020 08:46

NetsUnion Platform Processes Over Thirteen Billion Online Payment Transactions

During the Chinese National Day Holiday (period of October 1st to 8th), the NetsUnion Platform (网联平台) processed a total of 13.39 billion cross-institute online payment transactions with a total amount of 7.23 trillion yuan. The highest transaction volume occurred on October 1, with 1.847 billion transactions processed in a single day. Compared with the National Day holiday last year, the average daily transaction number and average daily transaction value of the network platform increased by 42% and 47% respectively.