Industry

Meituan Waimai Opens Digital RMB Payment Channel

Jan 05, 2022, 19:40pm2022/01/07 23:22:57 Pandaily

A new App exclusively designed for the Chinese electronic yuan can now be downloaded on major mobile Android app stores and Apple’s AppStore. Residents of pilot cities in China can pay for meals with the digital RMB while taking food delivery on Meituan<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />.

The pilot areas where Meituan<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />‘s food delivery service accepts digital yuan payments include Beijing, Shanghai, Shenzhen, and other 8 cities. After adding the digital RMB sub-wallet to Meituan<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />, users can pay for their orders using the digital RMB and also enjoy a few limited time discounts.

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Some insiders believe that the official launch of the digital RMB APP marks the testing stage of the service. As more applications are used by the public, the application ecology and transaction volume of the digital RMB are expected to greatly improve.

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