Yesterday afternoon, the central bank released the "Overall Operation of the Payment System in the Fourth Quarter of 2021" and the "Overall Operation of the Payment System in 2021".
By the end of 2021, the number of credit cards and loan-in-service cards in use totaled 800 million, an increase of 2.83% year-on-year and 0.25% month-on-month.
Comments: In 2021, the overall scale of credit cards increased to a new low year-on-year, at 2.83%, the lowest increase in nearly five years, and Q4 increased by 0.25% month-on-month, unchanged from the same period last year, which was the lowest growth rate in four quarters. With the release of the annual reports of various banks in 2021, among the banks that have announced their results, the growth rate of state-owned/joint-stock banks is mostly single digits, and the growth rate of urban commercial/rural commercial banks is mostly double digits.
The total credit card credit was 21.02 trillion yuan, an increase of 10.86% year-on-year; the balance of credit card repayment was 8.62 trillion yuan, an increase of 8.9% year-on-year. The average credit limit of credit cards is 26,300 yuan, and the credit utilization rate is 40.99%.
Comments: As the credit card business is back on track in 2021, the growth of total credit card credit and total repayable credit has resumed, and the two indicators have increased to 9.18% and 4.26% at the end of 2020.
The total outstanding credit of credit cards overdue for half a year was 86.039 billion yuan, an increase of 2.59% year-on-year, down 1.02% month-on-month, accounting for 1% of the credit outstanding credit balance of credit cards.
Comments: In 2021, the total outstanding credit of credit cards overdue for half a year increased by 2.59% year-on-year, while Q4 fell by 1.02% month-on-month, although the epidemic still has a great impact on credit card non-performing loans, but the collection efforts of card-issuing banks have increased, and targeted treatment of non-performing loans has played a certain role in curbing the risk increase, and it has been effectively controlled from the data.
At the end of 2021, there were 27.9827 million online merchants in the bank card inter-bank payment system, down 3.33% year-on-year; 38.9361 million connected machines, an increase of 1.58% year-on-year; and 947,800 ATM machines, down 3.94% year-on-year.
Comments: In 2021, the overall situation of inter-bank network merchants and acceptance machines is still quite good, and the growth and reduction have not changed much, but WITH THE STRONG DEVELOPMENT OF ATM with the strong development of mobile payment, there has been a downward trend again, with a decrease of 66,000 units in 2021, down 3.94% year-on-year, and the decline has intensified.
There were 151.228 billion mobile payment services, amounting to 526.98 trillion yuan, an increase of 22.73% and 21.94% respectively year-on-year.
The mobile payment business was 1,028.322 billion transactions, amounting to 355.46 trillion yuan, an increase of 24.3% and 20.67% respectively year-on-year.
Pay attention to this number, there is knowledge of credit cards, in-depth commentary and analysis from the independent perspective of the credit card industry, and the history and culture of credit cards.