Wechat has opened its support for digital RMB in all pilot cities. After the user opens the digital RMB wallet of Weizhong Bank (WeChat Payment) with his real name, he can use the digital RMB APP or WeChat to make payment. Wechat has opened its support for digital RMB in all pilot cities.

Wechat recently opened pilot cities to support digital RMB 1. At the symposium on digital RMB R&D pilot work held by the People's Bank of China, it was proposed to expand the pilot scope in an orderly manner, adding Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and six cities (Hangzhou, Ningbo, Wenzhou, Huzhou, Shaoxing and Jinhua) in Zhejiang Province as pilot areas, and Beijing and Hebei Province as pilot areas.

According to the statistics of 2 1 century business herald, plus the pilot cities of digital RMB that have been opened before, including Shanghai, Hainan, Dalian, Qingdao, Shenzhen, Shijiazhuang, Changchun, Harbin, Nanjing, Hefei, Jinan, Wuhan, Chengdu, Guiyang, Kunming, Xi, Urumqi, Suzhou, Weihai, xiong'an new area, Guizhou Gui 'an New District, and Xixian New Area, Shaanxi.

Recently, the reporter of 2 1 Century Business Herald learned that as a "new infrastructure" in the era of digital economy, WeChat payment has fully opened its support for digital RMB in all pilot areas. Users in the pilot area can use the digital RMB APP or WeChat payment as long as they open the digital RMB wallet of Weizhong Bank (WeChat payment) with their real names.

It is reported that the development of digital RMB is gradually accelerating. The symposium mentioned that at present, digital RMB has formed a number of online and offline replicable and scalable application models in the fields of wholesale and retail, catering and tourism, and government payment. In 2022, major pilot projects such as the Beijing Winter Olympics and the Winter Paralympics were a complete success. The scale of users, merchants and transactions participating in the pilot projects increased steadily, and the market responded well.

Earlier official data showed that by the end of last year, the number of digital RMB payment scenarios in all pilot areas had exceeded 8.08 million.

Industry analysts pointed out that digital RMB has broad development prospects, and its combination with mobile payment platform will also greatly enhance the application scenarios and space in digital currency. On June+10 last year, Mu Changchun, director of the digital currency Research Institute of the Central Bank, said at the second Bund Financial Summit that "financial infrastructure such as WeChat payment is a wallet, while digital RMB is a payment tool and the content of the wallet". "

Some insiders believe that this year, driven by the continuous improvement of technology and increasing application scenarios, digital RMB is expected to accelerate in retail transactions, living payments, government services and other scenarios. At the same time, through the active cooperation of third-party payment platforms such as WeChat payment, we can achieve more efficient scene coverage and quickly achieve the goal of serving the real economy and facilitating people's livelihood.

Previously, on the occasion of the digital RMB (pilot version) APP being put on the shelves, WeChat Pay has opened digital RMB wallets and other functions in some pilot cities. According to reports, WeChat Pay has fully opened its support for digital RMB in pilot cities, and will continue to explore wider application scenarios of digital RMB. Based on the ecological advantages of WeChat, we will work together to create a multi-mode digital RMB payment experience for online and offline digital RMB, create a better user experience, and inject vitality into merchants' mobile payment.

According to the introduction of WeChat payment related business people, WeChat payment will continue to increase investment in the future, and help more public and platform merchants to accelerate their integration into the digital RMB ecosystem through scenario connection and product capability innovation.

Wechat is launched in all pilot cities and supports digital RMB. On March 3 1, the People's Bank of China held a symposium on the pilot research and development of digital RMB. The meeting clearly and orderly expanded the scope of the pilot, adding Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang as pilot areas, and Beijing and Zhangjiakou, Hebei, became pilot areas after the pilot of the 2022 Beijing Winter Olympics and Winter Paralympics.

According to WeChat Pay Smart Life Micro Signal reported on April 6, WeChat has fully opened its support for digital RMB in all pilot areas. By the end of last year, there were more than 8 million applicable scenarios in the pilot area. After the user opens the digital RMB wallet of Weizhong Bank (WeChat Payment) with his real name, he can use the digital RMB APP or WeChat to make payment.

It is understood that the digital RMB is the legal tender in digital form issued by the People's Bank of China. Operated by a designated operating agency. Based on the generalized account system, it supports the loose coupling function of bank accounts. It is equivalent to RMB in kind, with value characteristics and legal compensation.

At present, WeChat has supported the use of digital RMB in pilot areas. Personal "payment" page, "wallet" and other entrances have opened digital RMB payment options. Users can download the "Digital RMB APP" and simultaneously open the digital RMB wallet (WeChat payment) of Weizhong Bank, so that they can use digital RMB to realize multi-scene payment on WeChat.

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Guo Sheng Securities believes that the significance of digital RMB is to build a new electronic payment system, including a new account system, a new operating system (new operating agency/distribution agency, a new clearing agency, a new charging policy for merchants, a new means of consumer subsidies) and a new software and hardware system. We are optimistic about the market opportunities brought by the reconstruction of China's electronic payment industry chain with digital RMB.

Shen Wanhongyuan said that digital RMB is expected to become the main line of financial technology throughout the year, with short-term hardware, medium-term encryption and long-term application.

With the acceleration of digital RMB landing, a large number of systems need to be built and transformed, and listed companies in the fields of hardware wallet machines, encryption algorithms, and software ecological operation are stepping up their layout.

In terms of hardware, Shensi Electronics previously stated that the company initiated the research and development and market paving of supporting equipment for digital RMB business, developed a variety of hardware products and supporting software, and cooperated with operating institutions to build innovative application scenarios for digital RMB. Tianyu information said in February that the company's digital RMB hard wallet related products are in the testing and marketing stage.

In terms of software ecological operation, on April 6th, Oriental Guo Xin said on the interactive platform that its subsidiary, Shanghai Yitong, has obtained the software copyright of the digital RMB trading platform software, and is in the stage of joint innovation and exploration with customer banks in digital RMB and trading, and has realized the docking of different modes of digital RMB schemes with a number of state-owned banks and commercial banks, and sorted out the schemes to form a standardized process.

On April 6th, Guangdian Express announced that it has the full link construction capability of digital RMB scenarios, and can provide integrated digital RMB solutions including terminal products, system platforms, scenarios and ecological operations. Six banks have won the bid for digital RMB business system construction projects, signed a strategic cooperation agreement with China Construction Bank Hainan Branch, and landed digital RMB operation projects in Hainan.

In terms of encryption algorithm, Principal Century recently said that the company won the bid for the digital currency project of Bank of Beijing. With the subsequent application and promotion of digital currency, the company is expected to fully benefit from the incremental data security requirements of bank customers in this scenario.

In terms of application scenarios, Jacky Wisdom said that the company has signed cooperation agreements with banks such as industry, agriculture, China, construction and communications to carry out system construction or upgrading and equipment transformation for application scenarios such as campus, and support the application of digital RMB scenarios; Assist banks to open corporate accounts and personal accounts of digital RMB, and enhance the application activity of digital RMB.

Three days before Wechat opened all pilot cities to support digital RMB, the People's Bank of China held a symposium on digital RMB R&D pilot work, and proposed to expand the pilot scope in an orderly manner. On the basis of the existing pilot areas, Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and Zhejiang in Guangdong Province will be added as pilot areas, and Beijing and Zhangjiakou in Hebei Province will be converted into pilot areas after the pilot scenes of the 2022 Beijing Winter Olympics and Winter Paralympics are completed.

As a "new infrastructure" in the era of digital economy, WeChat Pay has fully opened its support for digital RMB in all pilot areas. After the user opens the digital RMB wallet of Weizhong Bank (WeChat Payment) with his real name, he can use the digital RMB APP or WeChat to make payment.

At present, digital RMB has formed a number of online and offline replicable and scalable application models in the fields of wholesale and retail, catering, cultural tourism and government payment. In 2022, major pilots such as the Beijing Winter Olympics and the Winter Paralympics were a complete success. The scale of users, merchants and transactions participating in this pilot increased steadily, and the market responded well.

"As of 20021,65438+2,31,the number of digital RMB pilot scenarios has exceeded 8085 1 10,000, and 26 1 10,000 personal wallets have been opened, with a transaction amount of 87.565 billion yuan." Zou Lan, director of the Financial Markets Department of the People's Bank of China, said recently.

The development prospect of digital RMB is broad, and the combination with mobile payment platform will also greatly enhance the application scenarios and space in digital currency. Some insiders believe that this year, driven by the continuous improvement of technology and increasing application scenarios, digital RMB is expected to accelerate in various scenarios such as retail transactions, living payments and government services. At the same time, through the active cooperation of third-party payment platforms such as WeChat payment, we can achieve more efficient scene coverage and quickly achieve the goal of serving the real economy and facilitating people's livelihood.

Previously, when the digital RMB (pilot version) APP was put on the shelves, WeChat Pay had already opened digital RMB wallets and other functions in some pilot cities. This time, WeChat Pay has fully opened its support for digital RMB in pilot cities, and will continue to explore a wider range of application scenarios for digital RMB. Based on the ecological advantages of WeChat, we will jointly create an online and offline multi-mode digital RMB payment experience and create a better user experience. At the same time, it will also inject vitality into the mobile payment of merchants.

It is reported that under the background of digital RMB landing and application acceleration, WeChat payment will continue to increase investment, and help more public and platform merchants to accelerate their integration into the digital RMB ecosystem through scene connection and product capability innovation.