WeChat Pay and Alipay to support China’s Digital Yuan

China’s digital Yuan has attracted so much attention over the last year and even now. it has become so popular that even Alipay and WeChat Pay have decided to include it as a payment option in their platform. How does the digital Yuan work in Alipay and WeChat Pay? Is it a competitive race or an alliance that has been formed between the Chinese e-yuan and the 2 most popular e-wallets in China?

Silkpay France4 February 2022Digital Yuan, E-yuan, China's digital currency, China's digital Yuan, Alipay, Wechat pay

E-CNY now available in Chinese ATMs: How can your business get ready for the future's money?

China is accelerating the process of the digital RMB launch by enabling its exchange with cash at 3000 ATMs and distributing $6 million of it in red envelopes to citizens. It is believed that the digital Yuan will be a game-changer of the finance industry as well as the future’s money. How does digital RMB exchange with cash work? And how can foreign businesses get ready for the digital RMB?

Silkpay France29 June 2021Digital Yuan, Digital RMB, Digital Yuan available in 3000 ATMs, China launches th edigital currency, DCEP China launched