“After entering the red line of the Winter Olympics, I went to exchange the Winter Olympics themed digital RMB hard wallet.” Xiao Li, a volunteer for the Beijing Winter Olympics, told reporters, “the hard wallet can be touched with the merchant’s POS machine across the glass, which is convenient and safe to use. When the Winter Olympics is over, it can also be kept as a souvenir.”
Digital RMB is a legal tender in digital form issued by the people’s Bank of China, mainly to meet the needs of retail payment in China. As of October 8, 2021, there have been more than 3.5 million digital RMB pilot scenarios, covering various fields such as public utilities, catering services, transportation, shopping and government affairs.
As a pilot scenario of digital RMB, merchants within the red line of the place where the Beijing Winter Olympic Games will be held, contracted hotels and designated hospitals all support the use of digital RMB for payment. Outside the red line, merchants with digital RMB logo can also accept digital RMB. During the 2022 Winter Olympics in Beijing, consumers at home and abroad can enjoy the convenience of small mobile payment through a wealth of digital RMB products.
Six questions and six answers can help you fully understand the use of digital RMB in the Winter Olympic Games!
1. What are the benefits of using digital RMB?
On the one hand, the venue is limited to RMB and in kind payment of visa brand equity. For users accustomed to mobile payment, the use of digital RMB can save the inconvenience of carrying cash and the trouble of change, and provide an additional payment option for overseas friends who come to China.
On the other hand, with touch and touch, code scanning payment and online purchase, digital RMB can easily realize contactless payment, which can fully meet the epidemic prevention requirements of the Winter Olympics and contribute to the safe Olympics.
2. How to download the digital RMB app?
At present, the digital RMB app has been put on the shelves in various mobile app stores in China (including Hong Kong, Macao and Taiwan), and users can search and download it directly. The digital RMB app supports the mobile phone number registration and wallet opening of nearly 100 countries and regions participating in the Winter Olympics.
For foreigners coming to China, those who use Apple mobile phones can register Apple ID in China, search keywords such as digital RMB and ecny through the app store, and find the download and installation of digital RMB app; Using Android phones, you can go to the official download page of digital RMB (Bank of China provides access to QR code), download the installation package and install it directly.
3. Can digital RMB only be used through app?
No. Consumers can choose to use digital RMB app or exchange digital RMB hard wallet. Among them, hard wallets include card hard wallets, bracelet hard wallets and other forms, which can be obtained and used anonymously, which is safe, convenient and fully protect personal privacy, and fully meet the needs of users for small and anonymous payment.
The digital RMB hard wallet is easy to open and use. Consumers can easily obtain and open digital RMB wallets through Bank Of China Limited(601988) outlets at the 2022 Beijing Winter Olympic Games, Hard Wallet self-service exchange machines, designated hotels and other channels.
4. How do overseas people open digital RMB wallets?
According to their own needs, overseas visitors to China can apply for hard wallets, or open anonymous four types of wallets through the digital RMB app downloaded in China with overseas mobile phone numbers, and exchange cash or foreign cards for digital RMB.
5. Is it necessary to bind the bank to open a digital RMB wallet?
No. Due to the loose coupling of bank accounts of digital RMB, it is not necessary to have a bank account to open a wallet. If consumers just want to make daily small consumption, they can open four types of wallets of any operating organization only by using their mobile phone number.
The operation organization identifies the customers, manages the digital RMB wallets hierarchically according to the strength of customer identification, and endows various wallets with different transaction limits and daily balance limits according to the strength of their real names. The four types of digital RMB wallets with minimum authority belong to anonymous wallets, with a balance limit of 10000 yuan, a single payment limit of 2000 yuan and a daily cumulative payment limit of 5000 yuan. It can be opened only with my mobile phone number, which reflects the design principle of controllable anonymity of digital RMB.
6. How to use the “paste a paste” function of digital RMB?
Users who have downloaded the digital RMB app can easily “paste” if they buy the Winter Olympics hard wallet. The “paste a paste” function in the digital RMB app can make the soft and hard wallets “interconnected” and manage the hardware wallets on the mobile phone, making the hardware wallets more secure. “Paste a paste” can read the device loaded with digital RMB hardware wallet. After turning on the mobile phone NFC function, keep the hardware wallet close to the mobile phone NFC area, and the mobile phone app can read the hardware wallet information. After “pasting”, you can use the digital RMB app to set the payment password, query the balance and transaction details, recharge and redeem the hardware wallet.
