What do you think about the fact that the UnionPay network transaction amount of 628.7 billion yuan

The online banking transaction volume reached 628.7 billion yuan two days before the 11-hour holiday, which may be much worse than the double 11 and 12.12, but it is indeed a small peakThis shows that people are taking great pains to travel, because it is now normal to pay through the Internet. <>

Why is there a spike in the amount paid before the oil is released? Because people want to travel, then they must choose another attraction, now the attractions are basically the implementation of the reservation system, because the original capacity of 100 people can only be opened half now, because it is a policy restriction, now the epidemic has not completely passed after all, too many people are at risk, and then you want to live in a hotel or something, you also have to book in advance, you can't get to the vicinity of the attraction You find that there are no vacant rooms, you can't go to live on the road at night,Therefore, it is necessary to book in advance, and the money is naturally spent at this time. <>

People can say that from the beginning of this year to now at home for 10 months, before the May Day holiday can still go out to play, but this year because of the special situation, the beginning of May is still more serious, due to policy restrictions, due to their own safety concerns everyone can not go out, now it is easy to relax a little, just in time to catch up with this three-day or 7-day holiday, everyone feels the need to go out to relax, so the attractions on the itinerary are planned a lot, But plans can never catch up with changeFor example, a considerable number of highways have traffic jams, and nothing can be done for half a day. <>

The eleventh hour holiday is about to pass, has gone through more than half of the journey, the remaining days are not a few days, it is estimated that at this time if you choose to travel, it will be a lot more relaxed, because October 1 is the peak period for tourists, but also the peak period for everyone to travel, now on this three-day or two-day holiday,If it's a short-distance trip, it's still completely okay, the traffic is not as congested as before, and the scenic spot is not so stressful.

It can be seen that during the National Day, people's desire to travel is very strong. This amount has increased by about 10% compared to last year. People are willing to go out and relax their minds.

It can only be said that it is normal, because this is a particularly important double festival, everyone will withdraw money from the bank, so it is normal to generate so much money, after all, everyone is now in the bank and has very little cash.

Online trading has become a major trend in people's consumption! More and more people choose to pay online, indicating that the digitalization of RMB is imminent! At the same time, online transactions are safer and more convenient!

I think the amount of this transaction is beyond my imagination, which shows that the Internet economy is becoming more and more developed.

According to previous years, the transaction volume of the day has reached a new all-time high and is increasing compared to the same period last year.

Behind this string of beautiful transaction figures is the result of the hard work of the state. Because during the epidemic last year, in order to protect the health and safety of the people, the state adopted strict protective measures and restricted travel activities. Although the economic losses were heavy, people's lives were protected.

After more than a year of arduous epidemic prevention and huge safeguard measures, people will travel smoothly during this year's May Day holiday, and there will be such a high transaction volume. If the country had not made huge sacrifices and concessions, I don't think it would have been possible to have such a high transaction volume during this year's May Day holiday. What's more, the number of trips this year has reached as many as 100 million, which can be said to have increased many times compared to last year's situation.

Why is this year's transaction volume at an all-time high?

First of all, this year's May Day holiday is particularly long, and as the weather warms up into spring, the corporate holiday brings a good opportunity for tourism. Therefore, in such a long holiday activities, it will definitely promote the upgrading of consumption, and the number of people traveling has reached 100 million, and such a huge consumer group will make a great contribution to stimulating economic growth. As a result, this year's transaction volume can reach nearly 400 billion yuan a day, which is the effect of the huge number of travelers.

This year, the overall epidemic prevention and control situation is relatively stable, and there are no high-risk areas in the country. Therefore, it provides good conditions for tourism in various places, and if the epidemic situation is still very severe, then tourism will definitely be seriously hindered. Therefore, the country has made great sacrifices and efforts in this regard to stabilize the epidemic prevention and control situation.

We have made full preparations for the overall economic pull this year.

Judging from the form of this year's transaction volume, I think the country's economic development will be very good this year. With the spread of vaccines and the stabilization of the COVID epidemic prevention and control situation, I believe that the country's economy will continue to show vigorous vitality and make our lives better and better.

It should be said that it is much higher in comparison, because everyone wants to go out on May Day this year, and they are afraid that they will not be able to go out due to the impact of the epidemic again.

Personally, I think that compared with previous years, this year must have been greatly improved, indicating that this year's 51 market is really hot.

Compared to previous years, there is an upward trend, especially compared to last year, the rate of increase is very high, very fast.

Compared with previous years, it has been much higher, which shows that people are really a big relaxation. It also boosts the economy.

According to China UnionPay, in the two days of National Day and Mid-Autumn Festival, the transaction amount of the Bank Network reached 628.7 billion yuan, directly surpassing last year's Double 11. This shows that China's consumption level is growing, even if the epidemic is not so serious, more and more people prefer to travel and eat. Be merry and happy.

The continuous improvement of consumption level used to be held every year on the National Day for seven days, in which countless students went home, countless working people also reunited with their families, and most of them stayed to work overtime. But more people choose to travel and go out to play. But whatever these people do, they make the economy more dynamic and drive up transactions.

Especially in 2020, it has fully entered a well-off society, more and more people's economy has been slowly improved, and more and more people have gradually emerged the idea of traveling, so in the two days of October 1,Consumption is bound to surge. But this year's surge is about 10% higher than in previous years, which we never imagined every year, and this year with the blessing of the epidemic, I didn't expect the amount of Internet transactions to still increase by 10%. It's really amazing.

At the same time, it also shows that our spending power is growing, and the consumption intensity is getting higher and higher. The people's standard of living has also improved.

The second point of the change of consumption mode is the change of our consumption mode, in the past, the annual National Day was definitely a good day for everyone to travel, and many scenic spots were crowded, but at that time, most people were cash transactions, and online transactions were relatively small. Nowadays, few people can see cash in our daily life, and all of them are mobile phone payments. Not only is it convenient, but it's also very fast, and the only drawback is that it's too generous.

Nowadays, almost everyone pays with their mobile phones, my parents are in their forties and fifties, but they are still happy to pay on mobile phones. It is precisely because of this that the transaction amount of the UnionPay network reached 628.7 billion, setting another record.

I also hope that our lives will get better and better, and the level of consumption will be higher and higher. At the same time, we also hope that the payment environment will become more and more secure, so that we no longer have to worry about the security of mobile transactions.

It shows that there are a lot of people who go home this time, and it doesn't say that as everyone thinks, because of the epidemic, everyone doesn't go home, it's not like this, but many people follow this wave of small long holidays, because they have gone home for 8 days.

I think this incident shows that everyone has come out to travel during the National Day holiday, and it is also a good opportunity for everyone to relax.

It shows that during the holidays, people's desire to consume is generally stronger. When there are more consumers, the transaction volume will naturally go up. It also shows that stimulating domestic demand plays an important and obvious role in economic recovery.

This shows that there are a lot of people who go out to travel during the National Day holiday, which can effectively drive the local economic development of tourism, bring economic recovery and social development, and also show that the life of modern people is becoming more and more happy and happy.

It shows that the economy has recovered, the public has a stable income**, and the consumer demand for food, housing and transportation has surged.

I think it must be the tourist attractions that are growing the fastest, because many people choose to travel during the National Day, and it is the first long holiday this year.

Not exactly. According to news reports and data from China UnionPay, on October 1 and October 2, the transaction amount of UnionPay network reached 628.7 billion yuan, a year-on-year increase compared with last year.

On October 1 alone, the transaction amount of UnionPay exceeded 330 billion yuan, a year-on-year increase over last year. In addition, according to the data, the number of tourists and long-distance tourists in the west during the National Day period has been significantly higher than last year. Based on the above situation, the ultra-high transaction volume of the UnionPay network in the first two days of the long holiday may be due to the following reasons:

1. The seven-day National Day holiday is a good time to travel No matter what year it is, the seven-day National Day holiday has always been a good time for domestic residents to travel, although the first half of 2020 was devastated by the epidemic, but with the severity of the epidemic under control, the restrictions on domestic travel have been gradually relaxed. In addition, the Mid-Autumn Festival and the National Day in 2020 are on the same day, which is relatively rare, and Chinese people have always paid more attention to the concept of auspicious day travel, so this year's National Day consumption is naturally higher than the past National Day holiday.

2. After the epidemic is under control, the current domestic epidemic risk is low, as we all know, 2020 has been messed up by the epidemic since the beginning of the year, with the suspension of work and the unemployment of the unemployed. However, with the regulation and control of the epidemic in China in the second half of the year, the severity of the epidemic has gradually decreased, and the previous strict restrictions on travel have gradually slowed down. Residents who have been isolated at home for a long time have long needed a chance to travel to relieve the mood of being isolated for too long, and the National Day holiday, as the first long holiday after the relaxation of the epidemic, has naturally received the attention of the majority of benefactors, so the consumption during the National Day period is higher than in the past.

Third, whether it is revenge consumption still needs to look at the total transaction volume after the end of the holiday is undeniable, people who have been isolated for too long will definitely have the psychology of revenge consumption when they encounter the first small long holiday after the epidemic is reduced. However, whether revenge consumption is the main reason still needs to wait for the end of the National Day, and the total transaction amount is judged, because the transaction amount of the National Day holiday has been on the rise.

This is not revenge consumption, the National Day is a small long holiday second only to the Spring Festival, for most people this is a good time to travel out, so during this period the online transaction volume will naturally **.

I don't think such a large amount of money is a revenge purchase, this can be regarded as everyone's first small holiday after the epidemic, and everyone wants to take this opportunity to go out for a walk.

According to reports, a few days ago, China UnionPay released the New Year's Day holiday UnionPay network transaction data showing that during the New Year's Day holiday, the total amount of UnionPay network transactions reached 700.8 billion yuan, and Xianzhou increased compared with last year's New Year's Day holiday, reaching a new high.

According to the report, the data shows that in terms of mobile payment, the release of the "UnionPay App" APP has driven the number and amount of UnionPay transactions to increase by multiple times and times respectively compared with last year's Dragon Boat Festival holiday, which is welcomed by more and more users.

Shopping consumption has become the main theme of consumption during the New Year's Day holiday, and the amount of consumption has increased compared with the same period last year. Among them, supermarkets, daily necessities and large household appliances are the main force of shopping consumption, accounting for 83% of the total shopping consumption. Around midnight on New Year's Day, the amount of food and beverage and shopping consumption increased by 148% and 121% respectively compared with the same period last year.

According to the consumption data of UnionPay cards, the consumption amount of UnionPay cards of domestic catering merchants during the New Year's Day holiday increased by 70% year-on-year; During this year's New Year's Day, the amount of consumption on public transportation such as aviation, railways and highways increased compared with the same period last year; The amount of fuel consumption, which is closely related to self-driving travel, increased compared with the same period last year.

I hope that China's mobile payment technology can continue to improve!