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520 = 'I love you' in Chinese
In Chinese, 520 is pronounced 'wǔ èr líng', which sounds like 'wǒ ài nǐ' (我爱你) — 'I love you'. May 20 (5/20) became an unofficial Chinese Valentine's Day. Transfers of 520 yuan are a popular love confession.
Culture
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May 20 — Chinese Valentine's Day
May 20 is one of three unofficial Valentine's Days in China (February 14, the 7th day of the 7th lunar month and May 20). On this day, online flower shops record a 500–700% increase in sales.
Dates
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Numeric love confessions — a digital culture phenomenon
Chinese digital culture created a whole language of love: 520 (love), 1314 (forever), 5201314 (love forever), 880 (kiss), 999 (always with you). This 'numeric Esperanto' is used by hundreds of millions of people.
Numerology