Yan Fang, the settlement director of the People's Bank of China: Over 5 million inbound personnel used mobile payments in the first half of the year, a rise of 4 times compared to the same period last year.

On July 26, Jin10 Data reported that the People’s Bank of China held a media briefing to promote the high-quality development of the payment industry. Yan Fang, Director of the Settlement Department of the People’s Bank of China, introduced that in the first half of 2024, over 5 million inbound personnel used mobile payments, with a rise of 4 times YoY, and there were more than 90 million transactions with a total amount of over 14 billion yuan.

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