China to provide digital yuan payment services to Olympics viewers

China payment services will provide in digital yuan to the visitors of Winter Olympics of Beijing, the central bank said Wednesday.

The second largest economy in the world will be its digital currency, called e-CNY, for the first time during the Games next month.

Payment services related to the Winter Olympics, such as bills, Bank cards, mobile payments, cash Y yuan digital, everyone is ready, said the People’s Bank of China (PBOC) in a statement.

“(We) will provide quality, efficient and secure payment services for domestic and foreign visitors,” he added.

The PBOC increases testing of its e-CNY, with the pilot version of the application digital wallet of yuan available for download in the app stores of cellphone from January 4 in China.



Reference-www.eleconomista.com.mx

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