Monday, January 17, 2011

2010 cross-bank bankcard transactions break 11 trillion networking business increased by 40%

 China's banking card industry as the sustained and rapid development of new high bank card transactions. CUP latest data show that in 2010, domestic inter-bank bank card transaction value 11.2 trillion yuan, an increase of 46%.

2010, the CUP network to expedite the acceptance within the small cities and rural areas extended. Internet merchant bank card, POS and ATM volume growth of 40%, 38% and 31%. Among them, the CUP convenient payment services to expand to more than 200 cities in 64 000 outlets, into the community, into the family, provide for the common people pay utilities, credit card self-service payment, mobile phone recharge services and other items. Bankcard services to farmers to expand to the whole country more than 70,000 rural financial network, the basic covering all rural areas below the county level.

2010, the CUP card acceptance outside the new 21 countries and regions, CUP overseas acceptance network extends to 104 countries and regions overseas. At present, 17 countries and regions outside the 65 institutions in the local CUP cards issued, the cumulative amount of more than 10 million card.

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