Your paper money can be deformed-digital RMB is online.

Digital RMB (trial version) App can be downloaded on mobile phone.

Although the digital RMB (pilot version) App can be downloaded publicly, the registered account still needs to be in the pilot cities, including Shenzhen, Suzhou, Xiong 'an, Chengdu, Shanghai, Hainan, Changsha, Xi 'an, Qingdao, Dalian and the Winter Olympics (Beijing and Zhangjiakou).

What is digital RMB?

It is legal tender in digital form issued by the People's Bank of China. It is equivalent to paper money and coins, has value characteristics and legal compensation, and supports controllable anonymity.

You can open a digital RMB wallet without a bank account. Anything that can form a unique personal identity can be an account number. For example, the license plate number can be a sub-wallet of digital RMB, which can be paid through expressway or when parking.

The bank account system is a very strict system, which generally requires a lot of documents and personal information to open a bank account.

For some people in rural or remote mountainous areas, overseas tourists in China, etc. People who are unable or inconvenient to hold bank accounts can also enjoy corresponding financial services through digital wallets.

Digital RMB consumption platform?

Internet merchants such as WeChat, JD.COM, Meituan, Hungry, Tmall Supermarket, Didi Chuxing, Bi Li, Aauto Kuaixiao, Iqiyi, Tencent Video, Baidu, and 49 platforms such as SF Express, Online State Grid (electricity fee), Sinopec and China Telecom Wing Payment support digital RMB payment.

The opening ceremony of the 2022 Beijing Winter Olympics was held at the National Stadium. On the same day, many spectators used digital RMB to buy "ice shield" at the National Stadium Winter Olympics franchise store.

What are the advantages of using digital RMB?

1. Double offline payment. Like paper money, it can meet the needs of electronic payment in places with poor network signals such as airplanes, cruise ships and underground parking lots;

2. The security is higher. If theft really happens, for real-name wallets, digital RMB can provide loss reporting function;

3. Multi-terminal selection. People who are unwilling or unable to use smart phones can choose IC cards, function machines or other hardware;

4. Multi-information intensity. According to the intensity of mastering customer information, digital RMB wallets are divided into several grades. For large payment or transfer, real-name registration system wallet with high information density must be used;

5. Point-to-point delivery. Through the way of digital currency smart contract, the delivery from fixed point to person can be realized. People's livelihood funds can be distributed to people's digital wallets, eliminating the possibility of false reporting, interception and misappropriation;

6. High traceability. In the case that the competent department issues the corresponding legal documents in strict accordance with the procedures, the corresponding data verification and cross-comparison are carried out to provide information support for cracking down on illegal crimes. Even if corrupt elements break up into parts, it is difficult to escape supervision.

The digital RMB system will further lower the threshold for the public to obtain financial services and maintain the legal tender supply for a wide range of groups and various scenarios. The public without a bank account can enjoy basic financial services through the digital RMB wallet, and overseas residents who come to China for a short time can open the digital RMB wallet without opening a bank account in Chinese mainland to meet their daily payment needs in China.