In China, digital yuan testing, which increasingly looks like a soft rollout, is continuing full steam ahead, with more banks allowing their customers to top up their e-CNY wallets.
- An additional 13 banks have started to allow their customers to recharge their wallets directly in the e-CNY app, bringing the total number of banks supporting such a feature to 19, local media outlet 21th Century Business Herald reported this week.
- The new banks offering a top-up feature include China Merchants Bank, China Citic Bank, Shanghai Pudong Development Bank and Ping An Bank.
- Meanwhile, in a district in Shenzhen, Postal Savings Bank of China is rolling out a campaign spanning from this month to December to reward bicyclists with e-CNY red envelopes, according to local media reports.
- Going “green” has been an ongoing message in the promotion of e-CNY. In July, inhabitants of Xiong’an, a prototype so-called smart city, were encouraged to walk and run more to earn e-CNY for every 20,000 steps tracked by an app named Xiong’an Xing, up to a limit of 50 digital yuan (US$7.72) per redemption, according to an announcement by the Xiong’an government.
- Also last month, in Chengdu, the capital city of the southwestern province of Sichuan, about 12 million digital yuan, was given out in a lottery to residents for use on public transport and shared bikes.