- #China ecny wechat pay 800m how to#
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- #China ecny wechat pay 800m code#
- #China ecny wechat pay 800m download#
If you don't have any trouble with your WeChat or Alipay, there's hardly any reason to switch right now.
#China ecny wechat pay 800m code#
One sentence that says how far ahead China is when it comes to rolling out new technologies.Īt the checkout counter you simply hold the QR code on the app against the scanner. Just to repeat this, because it sounds so surreal from our Western point of view: We paid with a government run e-currency at a self-service checkout at a 24-hour Family Mart in Shanghai. We walked into the Family Mart next to our office and they already have it installed at their self-service terminals. We couldn't find any official stats, but judging from looking around WeChat Moments the system is rolling out quickly in at least Shanghai and Beijing. Type your password, select the amount, and that's it. Select your bank, it will open your bank app. However, this will only work if you are using the online banking version of these banks, and if you have their app installed. To top up your wallet just press the other button that says "充钱包 (top up)", then select "选择银行 (Select Bank)". Then, any payment will automatically be deducted from your bank account.Īs a foreigner without a Chinese shēnfènzhèng number you can still use the app, but have to top up your wallet, and are then limited to whatever amount you have in your wallet. It's a clean, simple user interface with a well-known face looking at us.Īs a Chinese citizen with a shēnfènzhèng number, or a foreigner with a Green Card, you can directly connect the app to your bank account, just like you do with WeChat Pay and Alipay. Here it is, right next to the other app you really need to live in Shanghai.
#China ecny wechat pay 800m how to#
There are tons of tutorials out there about how to do that.Ĭongratulations, you now have China's newest payment app on your phone. If your app store is set to another country, it's easy to switch.
The E-CNY app is currently only available on the Chinese App store, so you can only do this if – and that's the main limitation we mentioned at the beginning – your app store location is set to China.
#China ecny wechat pay 800m download#
This will now bring you to a page where you can download the app. Make sure your location settings on your phone are turned on, or you will get an error message.Īgree to the terms, click the red confirmation button and you'll get a code:Ĭopy the code, open the Apple App store, click on your profile picture and go to " Redeem Gift Card or Code". On the ICBC app version that we tried we would get an error message if we entered our passport number, but it worked perfectly find with just leaving the passport number empty. Click on the button with your respective phone type, then you'll be led to a page where you have to enter your name, passport number and phone number. Scanning the code with WeChat brings you to a welcome page. We have listed the codes for ICBC and Bank of China below, for any of the other bank just visit any branch and ask for their code. You get the QR code directly from one of the 6 partner banks: ICBC, Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank. Here's How You Set It Up.Ĭurrently you can't find the app on the app stores directly but have to redeem a special code that you use to get access in APP stores, presumably to limit the numbers of people that start using the currency in the early stages. The actual app is all in Chinese, but at some point, it uses the term "E-CNY" so let's go with that. The English Wikipedia calls it " Digital renminbi" the Chinese Wikipedia calls it " E-CNY". There doesn't seem to be an official English name for it. Amen! In fact, we set up the app without providing a real name, just a phone number, and it worked fine.
#China ecny wechat pay 800m verification#
In our first tests, absolutely no name verification was required. And for any foreigner who's ever struggled with things like real name verification on WeChat and Alipay, there is good news. You don’t need to be a China expert to know that a digital currency run by the government will roll out fast, and most likely take over the dominant position currently held by Tencent and Alibaba's payment systems.Īnd the good news: Foreigners can already use it, with just a few limitations. Different from WeChat Pay and Alipay that are run by private corporations, the digital yuan is issued by the Chinese government through the People’s Bank of China.
China has launched its own digital payment method, the Central Bank Digital Currency (数字人民币 in Chinese) and is rolling it out in shops around the country.
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