First, let’s take a look at a set of data
On June 9, the People’s Bank of China announced the overall operation of the payment system in the first quarter of 2020. Statistics show that due to the impact of the COVID-19 epidemic, the growth rate of the number of bank accounts has slowed down, the volume of non-cash payment business has declined slightly, the business volume of the payment and clearing system has been relatively stable, and the national payment system has been operating generally smoothly.
As of the end of the first quarter, the number of bank cards in use across the country was 8.528 billion, a month-on-month increase of 1.30%, and the growth rate was 1.15 percentage points lower than the end of the previous quarter. The number of credit cards and debit cards in use totaled 749 million, a month-on-month increase of 0.32%. The average person in the country holds 6.09 bank cards, including 0.53 credit cards and debit cards combined per person.
As of the end of the first quarter, there were 22.5799 million special merchants connected to the bank card inter-bank payment system, 31.6053 million connected machines and 1.083 million ATM machines, a decrease of 3.7961 million, 3.4115 million and 3.4115 million respectively from the end of the previous quarter. 14,700 units. The number of Internet-connected machines per 10,000 people nationwide was 225.74, a month-on-month decrease of 10.04%; the number of ATMs per 10,000 people nationwide was 7.74, a month-on-month decrease of 1.67%.
As of the end of the first quarter, the total amount of bank card credit was 17.57 trillion yuan, a month-on-month increase of 1.17%; the bank card credit repayable balance was 7.26 trillion yuan, a month-on-month decrease of 4.30%. The average credit limit of bank cards is 23,500 yuan, and the credit utilization rate is 41.34%. The total amount of outstanding credit card credit that was overdue for six months was 91.875 billion yuan, accounting for 1.27% of the credit card payable balance.
The business volume of Wanglian Clearing Platform continued to grow. In the first quarter, the online platform processed 88.441 billion transactions, with an amount of 63.63 trillion yuan, a year-on-year increase of 16.65% and 16.29% respectively. The average daily processing business was 972 million, with an amount of 699.240 billion yuan.
From the above data, we can clearly see that the entire credit card market is rising linearly, and this market will still be very considerable in the next few years. Against this background, credit card-related projects have become a bigger market. According to our understanding, hand-swiping machines officially entered the stage of hand-swiping in 2012, and even reached a hot stage in 2014. At this stage, such an economic trend has been formed in two years, which illustrates the profit points of credit card and other industries and the size of the future market. From 2012 to 2019, the hand brush market can still benefit. But how to make reforms and innovations in such an industry that has gone through a long history?
Everything needs to be done according to the development zone of the times. In the era of Internet fission and sharing and the popularity of software, it has to be said that it is a good form to professionally bring offline credit card business online. Reach MP? Then to the online hand-swiping machine that started in June 2019, this is undoubtedly a development trend! The biggest difference between offline handheld card swiping apps and online card swiping apps is that the online card swiping apps can intelligently make plans through software, and there is no need to go through the machine to swipe in and out and then record and mark. It is more convenient, convenient and safe. Online card swiping apps The app is also constantly making the credit card business more intelligent, convenient and transparent.