Logo 29 Jul 2022

Banks launch e-CNY prepaid cards

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On Thursday, Caixin reported that China’s state-owned banks launched sign-up campaigns for prepaid e-CNY cards at the Digital China Summit.

The balance of the prepaid cards can be managed online.

ICYDK: The central bank (PBoC) has been developing e-CNY hardware wallets – in the form of prepaid car...