Overview

Integrating digital currency payment services with digital currency business scenarios provides basic digital currency payment services while enabling the implementation of digital currency To-Consumer (ToC) and To-Business (ToB) business scenarios.

Digital RMB is carried through a digital RMB wallet, bridging traditional bank account funds with digital currency wallet funds to facilitate the circulation and settlement of digital RMB, integrating traditional payment scenarios. It realises innovative internet digital currency financial scenarios, providing foundational technical services for partner banks to actively engage in the digital RMB financial track.

Functions

The main functions of digital RMB payment products include digital currency exchange, smart contracts, order payments, wallet management, bulk disbursement, etc. It provides Digital RMB settlement services for internal bank business channels through direct connection with operating institutions or integration with operating institutions.

Key Wins

With the promotion by the central bank, the development of digital RMB payment business scenarios has been rapid, especially in the ToC (Consumer) scenarios, which have been widely promoted and applied in the market, such as recharge payments, shopping and entertainment, fund transfers, and other social activities.

Digital Currency Electronic Payment can support the construction of the digital RMB payment system for partner banks and 2.5-tier digital RMB payment systems. By integrating different operating institutions, it provides standard digital RMB services, enabling quick access and promotion of digital RMB channels for partner banks. This enhances banks’ ability to provide digital currency payment services to major clients, strengthens customer loyalty, and improves services for individual customers.