On April 2 Chinese Minmin Bank's official website announced that the scope of the digital yuan pilot has been expanded again, and at present, in addition to the pilot areas, Tianjin, Chongqing, Guangzhou, Guangdong, Fuzhou and Xiamen in Fujian Province, and 6 cities in Zhejiang Province that host the Asian Games (Hangzhou, Ningbo, Wenzhou, Huzhou, Shaoxing, And Jinhua) have been added. ）
What is Digital Yuan?
Chinese legal tender in digital form issued by Minmin Bank, operated by a designated operating institution, which is equivalent to physical RMB and has value characteristics and legal solvency. Digital and physical renminbi have the same legal status and economic value, and are the highest security assets.
Advantages of the digital yuan
Digital RMB is low cost, very portable, efficient, and not easy to counterfeit, avoiding the risk of receiving counterfeit currency, and the future digital RMB will be universally applicable in various scenarios.
Activate the strategy
(1) Download the "Digital Yuan" app in the mobile application mall
(2) Register your mobile phone number and open a digital wallet
(3) Select the operating institutions of the service (ICBC, ABC, BOC, CCB, BOCOM, Postal Savings, China Merchants Bank, MYbank, WeBank)
——Up to this step, there are four types of wallets
(4) Real-name authentication, binding bank card
- Upgraded to a secondary wallet
(5) Click "Recharge Wallet" to recharge
——Successfully opened a digital wallet, you can transfer money to receive payments
It's easy to receive and pay, swipe up to pay, slide down to get paid, and there are "touch" and "sweep" payment methods in the upper right corner of the page.
Will digital currencies replace Alipay in the future, using it nationwide or even globally?