China’s PBOC Facilitates Global Access To E-CNY Payments
The People’s Bank of China (PBOC) has released a service guide for international visitors to use the digital yuan (e-CNY) for contactless payments.
The guide, titled “Explore the Splendors of China with e-CNY Service Guide for Visitors in China,” aims to simplify the process for foreign tourists to make contactless payments using China’s central bank digital currency.
The e-CNY app, available on the App Store and Google Play, allows users to register for a digital yuan account through local banks without a pre-existing account with Chinese financial institutions. The app supports registration using phone numbers from over 210 countries and regions.
(With inputs from Shikhas Singh)
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