US stock trading · April 24, 2024 0

Overseas Users Can Open WeChat Pay to Make Convenient Payments in RMB

Under the guidance of the Digital Currency Research Institute of the People's Bank of China (PBOC), Tencent's e-CNY project team innovated features such as "barcode interoperability" and "wallet quick pay".

After opening a e-CNY wallet, expatriates can use the e-CNY App to scan the commercial/ business money receiving QR code in WeChat Pay for payment to over 1 million merchants in the e-CNY pilot areas.

The project team is jointly operated by Tenpay and WeBank. Users can open "WeChat Pay" under the wallet quick pay function.

This feature is now available to expatriates who have opened a e-CNY wallet at BANK OF CHINA (03988.HK)  +0.020 (+0.581%)    Short selling $740.64M; Ratio 29.429%   (601988.SH)  -0.030 (-0.644%)   , ICBC (01398.HK)  +0.020 (+0.485%)    Short selling $290.53M; Ratio 31.248%   (601398.SH)  -0.030 (-0.545%)   , CCB (00939.HK)  +0.020 (+0.407%)    Short selling $403.15M; Ratio 22.510%   (601939.SH)  -0.070 (-0.958%)   and BANKCOMM (03328.HK)  +0.050 (+0.929%)    Short selling $16.92M; Ratio 10.974%   (601328.SH)  -0.010 (-0.145%)   .
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