Online payments during China's National Day holiday hit 13.26t yuan

BEIJING -- Chinese online payment clearinghouse NetsUnion and card payment giant China UnionPay reported robust growth in online payments during the National Day and Mid-Autumn Festival holiday, central bank data showed Thursday.

During the eight-day holiday that concluded on Wednesday, online payments via the two platforms hit 13.26 trillion yuan (about $1.86 trillion), up 1.86 trillion yuan from last year's holiday.

The two platforms handled nearly 41.6 billion transactions during this period, representing a rise of 9.5 billion transactions from the previous National Day holiday, according to the central bank.