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Beijing Rail Transit lets passengers pay their fares with digital yuan

5 iulie 2021

Beijing subway officially launched a pilot program that enables passengers to access to the transport service via digital yuan as part of the plan to digitalize transportation services in the capital, Global Times reports.

Currently, the service is available at all 24 subway lines and four suburban railway lines in Beijing, according to the Beijing Municipal Commission of Public Transport.

A staff with Beijing rail transit network passenger service hotline confirmed with the Global Times that the service is now opened, and is only available for those with the bank account from the Industrial and commercial bank of China currently.

„You need to download a mobile APP that is linked with your bank account to access to the service,” the customer service representative said.

In the future, Beijing rail transit service providers will further promote the multi-form application of digital yuan in multiple application scenarios, so as to continuously optimize and improve the digital travel experience, media reports.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?