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Beijing Subway Begins to Accept Digital Yuan
Published on: 2021-07-01
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China on Wednesday started a digital yuan payments system for railway services. China continues to roll out its Central Bank Digital Currency (CBDC) project by introducing digital payment systems for transport services. This is in partnership with the Industrial and Commercial Bank of China. The digital yuan, also known as e-CNY, can be used on all 24 of Beijing’s subway lines and four suburban railway stations reveals the Beijing Municipal Commission of Public Transport. The service is currently only available to those who bank with the Industrial and Commercial Bank of China.
 

“You need to download Yitongxing APP (亿通行APP) that is linked with your bank account to access to the service,” said a representative for the Beijing rail transit network.
 

The news follows Tuesday’s announcement that the city of Suzhou in Eastern China that the CBDC could be used for payment in the latest addition to the city’s subway system. Rhianmade it the first Chinese city to accept the digital yuan as payment for subway services.
 

Most of these pilot programs are taking place in Beijing. By mid-June, the city had over 3,000 digital yuan-enabled ATMs facilitating deposits and withdraws of the CBDC.
 

The Beijing Local Financial Supervision and Administration has also announced a plan to distribute $6.2M worth of digital currency to city dwellers.
 

北京地铁可刷数字人民币乘车

6月30日,北京市交通委员会官方微信发布消息,自今日起,北京轨道交通开启全路网数字人民币支付渠道刷闸乘车体验测试。已开通工商银行数字人民币业务的乘客,可在北京轨道交通已有24条运营线路及4条市郊铁路范围内,通过亿通行APP参与数字人民币支付刷闸乘车体验测试,感受数字化出行新体验。
 

据介绍,已开通工商银行数字人民币业务的用户,需在数字人民币APP“子钱包”中的工商银行钱包项下点选“亿通行APP”,之后前往亿通行APP“数字人民币专区”开通乘车服务,即可通过亿通行APP使用数字人民币支付刷闸乘车。
 

北京市交通委员会欢迎广大乘客参与此次测试,并可通过北京轨道交通路网乘客服务热线96123反馈使用体验。

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