What is Digital RMB?
What is Digital RMB?
WHAT
What is Digital RMB?

  • Digital RMB is the PBoC-issued fiat money in digital form and operates on public markets via authorized institutions. Under the broad account system, it is equivalent to physical RMB in the value attribute and statutory payment capacity.

Where do you park your nest eggs?
Where do you park your nest eggs?
01
Where do you park your nest eggs?

  • The digital purse is a carrier of Digital RMB and also a medium through which Digital RMB reach to users. As a digital purse’s transaction and balance limits vary with the authentication strength of its real name-verified holder, so its grade and transaction limit may be enhanced through specific banking operations, such as real-name verification and bankcard linkage.

When do you use it?
When do you use it?
02
When do you use it?

  • Apply in any scenario with the Digital RMB icon "icon-eCNY". More scenarios over time, and virtually any time and anywhere! For example, public transportation and online/offline shopping.

What are its advantages?
What are its advantages?
03
What are its advantages?
  • Efficiency: Instant collection and quick transfer
  • Security: Strong anonymity and legal traceability
  • Inclusiveness: No charges and no fees
  • Convenience: User-friendliness and Quickness