The business scale maintained growth, and the market concentration decreased slightly——


Online payment industry develops in depth

　　The China Payment and Clearing Association recently released the "China Payment Industry Annual Report 2022" (hereinafter referred to as the "Annual Report") to introduce the development of my country's payment industry in 2021.

The "Annual Report" shows that by the end of 2021, there are more than 4,300 licensed institutions of various types engaged in payment, clearing and settlement services in my country, mainly including banking financial institutions, finance companies, non-bank payment institutions, and infrastructure operating institutions.

In addition, there are a large number of upstream and downstream institutions such as outsourcing service agencies, financial technology companies, software and hardware equipment providers, and testing and certification agencies.

Different types of payment service market players give full play to their respective advantages and jointly promote the in-depth development of the payment industry.

　　According to the data released by the "Annual Report", in 2021, banks will handle a total of 439.516 billion non-cash payment transactions of 4415.56 trillion yuan, an increase of 23.90% and 10.03% over the previous year respectively, and the growth rate of business amount is an increase of 3.85 percentage points over the previous year; Institutions completed a total of 1,139.620 billion payment transactions (including online payment, bank card acquiring, and prepaid card transactions) of 416.73 trillion yuan, an increase of 29.48% and 17.17% respectively over the previous year, which effectively boosted my country's economic and social development.

　　In the development of the payment industry in recent years, the online payment business represented by mobile payment is one of the bright spots, and it has become a bright business card of my country's payment industry in the world.

The data reflects the changes more intuitively: in 2021, my country's banking institutions will process a total of 102.278 billion online payment transactions of 2353.96 trillion yuan, 5.32 times and 2.86 times that of 2012, respectively.

The growth rate of mobile payment business volume is even more amazing. The number and amount of mobile payment business processed by domestic banks in 2021 will be 282.67 times and 228.13 times that of 2012, respectively.

In the past 10 years, mobile payment has developed from an emerging payment method to one of the most widely accepted and frequently used retail payment methods.

　　In 2021, the scale of my country's online payment business will continue to grow.

In 2021, the number and amount of online payment transactions processed by banking institutions in my country will increase by 16.32% and 8.25% respectively compared with the previous year; the number and amount of mobile payment transactions will increase by 22.73% and 21.94% respectively compared with the previous year.

In terms of business volume, banking institutions still maintain a dominant position.

The amount of online payment business and mobile payment business handled by banking institutions is 41.03 times and 1.47 times that of the same kind of business handled by payment institutions respectively; the average business amount is 57.71 times and 9.65 times that of payment institutions respectively.

　　Payment institutions processed a total of 143.957 billion Internet payment transactions of 57.37 trillion yuan, an increase of 50.06% and 5.19% over the previous year, with an average transaction amount of 398.55 yuan; a total of 996.003 billion mobile payment transactions and 359.49 trillion yuan, respectively, compared with the previous year. An increase of 27.01% and 19.38%, with an average business amount of 360.93 yuan.

　　With the gradual fullness of market competition, the market concentration of online payment has declined slightly.

The statistics of the Payment and Clearing Association show that the sum of the business volume of the top 10 banking institutions in the country in terms of online payment transaction amount accounts for 83.75% of the total online payment business amount of the association’s banking member units, a decrease of 7.63 percentage points compared with the previous year; online payment transactions The sum of the business volume of the top 10 payment institutions in the country accounted for 96.25% of the total online payment business of payment institutions, a decrease of 0.48 percentage points from the previous year.

　　The rapid popularization and security improvement of online payment have also made the user base of online payment more stable.

By the end of 2021, the number of online payment users in my country has reached 904 million, an increase of 49.29 million from the end of 2020, accounting for 87.6% of the total netizens.

The total number of online payment customers of the association's banking member units was 2.257 billion, an increase of 3.82% over the previous year; the number of mobile payment customers was 3.781 billion, an increase of 7.91% over the previous year.

The total number of payment accounts opened by payment institutions for customers was 5.7 billion, an increase of 10.42% over the previous year.

Among them, there were 32.4532 million corporate payment accounts and 5.668 billion personal payment accounts.

　　The data of the "Annual Report" also shows that in 2021, the payment and settlement industry will make great achievements in transferring profits to the real economy and reducing the operating costs of the real economy.

Since the implementation of the fee reduction policy to the end of 2021, the members of the Payment and Clearing Association have reduced handling fees by 9.666 billion yuan for various market entities and the general public, of which 6.938 billion yuan has benefited small and micro enterprises, individual industrial and commercial households and other small and micro entities.

At the same time, in terms of combating governance and publicity and education of the "capital chain" involved in gambling and fraud, a total of 39,000 gambling-related accounts and more than 2,700 gambling-related merchants have been identified through the industry joint prevention and control mechanism, and 5.354 billion suspected gambling-related funds have been intercepted. Yuan.

　　Chen Guojing