How to use the Bank of China digital yuan

Mondo Finance Updated on 2024-01-29

Bank of China's digital yuan is used as follows:

*Digital CNY app: Search for "digital RMB" in the app store to find the app and**.

Open a wallet: After opening the app, users need to follow the prompts to open an account. After entering the necessary information such as personal information and bank card number, you can successfully open an e-CNY wallet.

Deposits and withdrawals: Users can top up funds to e-CNY wallets via bank transfers. When withdrawing cash, you can also transfer e-CNY to your bank card via bank transfer.

Make transactions: Users can trade directly with each other by simply opening the e-CNY app to transfer money from one wallet to another. Transactions are almost instantaneous and there is no need to wait.

*Payment: Users can make purchases at online merchants that support e-CNY payment. At checkout, users can open the e-CNY app and scan the merchant's payment code to complete the payment.

Accessibility: For the visually impaired, e-CNY provides voice navigation and text prompts to help them complete transactions smoothly. At the same time, the e-CNY wallet also supports multiple languages, which is convenient for users of different languages.

The above information is for reference only, it is recommended to consult Bank of China staff if necessary.

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