Beijing subway has fully integrated China's central bank digital currency with its payment ecosystem
August 4, 2021, 7:48AM EDT
1 min read
The subway system in Beijing has extended its trial of China's central bank digital currency to a full integration with its payment ecosystem.
According to the Beijing railway's announcement on Tuesday, China's digital yuan, also known as the e-CNY, is now fully supported as a payment or balance top-up option across 428 subway stations in 24 lines.
It is a major upgrade to the subway system's trial rolled out in June where the e-CNY was initially only supported for the Yitongxing mobile app. With the latest upgrade, the e-CNY is practically launched for Beijing subway's 10 million daily riders whether they need to top up their physical transportation cards, buy a single-trip ticket online or offline, or scanning their Yitongxing mobile app.
A review video shot by a local business media outlet on Tuesday shows that the ticket vending terminals inside a subway station in Beijing now has the e-CNY payment option next to cash, WeChat Pay or AliPay for when users choose to buy a single-trip ticket or a transportation card.
Opting for the e-CNY payment method, users will need to open their e-CNY wallets to scan the payment QR codes displayed on the terminal screen.
To top up the balance of their transportation cards, riders will need to go through a similar process by choosing the e-CNY payment option and scan the payment QR codes with their e-CNY wallets.
In addition to automated ticket machines, all staffed service counters will also allow riders to top up their cards or buy tickets using their e-CNY wallets.