Sharp rise in bankcard spending
By Ding Yining |
May 3, 2013, Friday
|
Print Edition
Print Edition
DOMESTIC bankcard expenditure during the three-day May Day holiday surged 39 percent from a year earlier, and overseas spending rose 33 percent as more Chinese traveled abroad.
Spending by bankcard holders at ticket offices of major domestic scenic spots soared 49 percent from a year earlier, as the holiday was a traditional peak season for tourism, China UnionPay, the country's sole bankcard transaction firm, said in a report yesterday. Online payment for train tickets during the holiday also grew 49 percent.
Bankcard transactions through UnionPay's channel rose above 60 percent in Italy, Germany and France.
Spending by bankcard holders at ticket offices of major domestic scenic spots soared 49 percent from a year earlier, as the holiday was a traditional peak season for tourism, China UnionPay, the country's sole bankcard transaction firm, said in a report yesterday. Online payment for train tickets during the holiday also grew 49 percent.
Bankcard transactions through UnionPay's channel rose above 60 percent in Italy, Germany and France.
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