Shoppers in Hong Kong encouraged to use e-yuan

PBoC’s mainland expansion of digital renminbi continues

china-shops

The People’s Bank of China (PBoC) is promoting adoption of the e-yuan among shoppers in Hong Kong. 

Bank of China (Hong Kong), one of the three note-issuing banks, is encouraging customers to use the e-yuan at several supermarket outlets and on Chinese e-commerce platform JD.com.

Consumers who sign up to the pilot version of the wallet between December 12 and December 29 will be given awards worth 100 digital renminbi ($14.30) to spend, the SCMP reported. 

The Hong Kong Monetary Authority

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