Number of ATMs in China Now Less Than One Million in Age of Mobile Payment

(Source: Wenttochina)

According to the latest People’s Bank of China (PBoC) report on the overall operation of payment systems during the second quarter of 2021, the number of automatic teller machines (ATMs) in the country has fallen below one million.

As of the end of the quarter, there were 986,700 ATMs in China, a decrease of 19,500 units from the end…