Third-party mobile payment transaction volume in China 2011-2023

Published by
Daniel Slotta,
May 20, 2025

In 2023, the third-party mobile transaction volume in China amounted to around 346 trillion yuan. Despite the outbreak of COVID-19 the GMV increased. After a small dip in transaction value in the first quarter of 2020, the numbers quickly recovered.

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Third-party mobile payment transaction volume in China from 2011 to 2023 (in trillion yuan)

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Release date

June 2024

Region

China

Survey time period

2011 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of October 2024).


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