Host cities of the winter sports event, including Beijing and Zhangjiakou in Hebei province, will also be added to the pilot area. Once the WeBank wallet is linked to a WeChat account, users can experience the new electronic payment method. Users who installed the e-CNY app developed by China’s central bank can set up an online wallet dedicated to the digital currency through WeBank (a virtual banking service provided by Tencent). As an already significant player in the e-money space with AliPay and WeChat Pay dominating conventional payment channels, the eCNY is the next step for China in embracing a central bank digital currency. Leveraging WeChat's popularity, WeChat Pay makes up 39.5 of China's cashless economy according to. Seamlessly tied to the Super App WeChat, WeChat Pay makes easy in-app payment by scanning QR codes of either recipients or payees. Innovative Minds is a business planning, strategy consulting, and market research company dedicated to providing custom-made, high-quality business solutions in two of the leading markets in the world - the European Union and China. WeChat Pay is China's second-largest digital wallet broadly used for payments of all kinds in China. The new electronic-payment method was made available on WeChat ahead of this year’s Beijing Winter Olympics in January when China was trying to sell its digital Yuan to the world through this international event. Winners of a government lottery to test the eCNY are singing their praises (paywalled) for the new national digital currency. Innovative Minds 57 seguidores en LinkedIn. This is another stride by the world’s largest messaging app which houses more than 1.2 billion users in a bid to boost the use of China’s new digital cash. Tencent’s super app has broadened regions for trialling its app payments with digital currency to include another 11 Chinese cities, including six cities in Zhejiang province who will be hosting the upcoming 19th Asian Games, which is set to kick start on 10 September 2022.
China moves closer to rolling out its digital Yuan with the latest push by WeChat.
0 kommentar(er)
