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China's digital yuan wallet arrives in Android and Apple app stores
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The wallet app has so far been available on an invitiation-only basis, but its arrival on the app stores signals the central bank's determination to seed the technology across the population ahead of the showcase Winter Olympic games in Shanghai next month when it will compete for traction against the dominant commercial payment apps from Ant Group and Tencent.
Nonetheless, the People's Republic continues to tread cautiously, wih the app store listing noting that the e-CNY app is still in a research and development pilot phase and is only available to selected users through supported institutions that provide services, including major domestic banks.
. Read more on finextra.comAbout this in other media
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Chinese yuan could come under more pressure after surprise rate cut cnbc.com /2 years ago
China's digital yuan notches $8.3 billion in transactions in 6 months, taking a tiny share of payments cnbc.com /2 years ago
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