Industry

Tencent’s WeBank Accesses Digital RMB

Jan 06, 2022, 13:17pm2022/01/08 00:13:37 Pandaily

China’s central bank has recently released the pilot version of an app for e-CNY, the country’s official digital currency, on the Apple and Android app stores. Furthermore, the digital RMB wallet of WeBank was also launched. After the multi-stage controllable pilot, Tencent<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> began to provide users with digital RMB services.

Users can access digital RMB payment directly through the app, as well as through WeChat Pay, following real-name verification. Users can pay with digital RMB conveniently by scanning QR codes through WeChat.

(Source: Tencent<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 Beijing Winter Olympic Village is scheduled to open on January 27, where the digital RMB will undergo limited pilot tests. Tencent<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> will further explore the innovative payment method to help the Winter Olympics run smoothly.

SEE ALSO: Meituan Waimai Opens Digital RMB Payment Channel

In April last year, Tencent<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> disclosed the phased progress of e-CNY for the first time, saying that since February 2018, Tencent<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> has deeply participated in design, research and development, operations and other links of the digital RMB project.

Subscribe now to get unlimited access.