The rapid development of the bank card market in Beijing has installed a total of 285,500 POS machines.

Reporter Wu Jinyu correspondent Han Xuehong reported recently that the reporter learned from the Beijing Branch Management Department of the People's Bank of China that in 2010, the Beijing bank card market achieved rapid development, bank card credit card transactions and ATM transactions increased substantially, and the bank card acquiring market continued to expand. The amount of card issuance continues to grow.

As of the end of December 2010, the total number of bank card POS credit card transactions in Beijing was 390 million, with a total transaction value of 686.358 billion yuan, an increase of 34.93% and 40.38% over the same period of the previous year. After the removal of real estate and wholesale transactions, the total amount of credit card transactions 4335.63 billion yuan, an increase of 57.42% over the same period of the previous year. The total number and total amount of ATM transactions were 495 million and 743.319 billion yuan respectively. Accumulated development of bank card merchants of 184,700, an increase of 15.37% over the same period of the previous year; cumulative installation of pos equipment 285,800 units, an increase of 16.37% over the same period of the previous year; cumulative installation of ATM equipment reached 13,400 units, an increase of 11.77% over the same period of the previous year Among them, there are 12,900 ATM machines that can accept foreign cards, accounting for 95.97% of the total.

The number of bank card issuance in Beijing reached 122 million as of the end of December 2010, an increase of 14.19% over the same period of the previous year. Among them, the number of debit cards was 9,708,400, an increase of 11.76% over the same period of the previous year; the credit card was 2,374,200, an increase of 25.32% over the same period of the previous year.

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