The digital renminbi red envelope "early adopters" can
download and register in a few minutes, and it supports password-free payment. This red envelope does not support cash withdrawal, which can improve the directness and traceability of the currency
On October 13, Shenzhen residents showed the winning text message.
On October 13, the digital RMB App page displayed by Shenzhen residents.
On October 13, a pilot hotel in Shenzhen showed the operation process guidelines for using BOC POS machines.
Shenzhen unveiled the mystery of the digital renminbi.
On the second day of the public test in Luohu, Shenzhen (October 13), Mr. Yan, who won the 200 yuan digital RMB red envelope, went to a pilot merchant to purchase two books and paid 79.9 yuan in digital RMB.
The reporter saw at the scene that after opening the Digital RMB App, click on "Slide up payment" on the page, and the words "Pay to Merchant" and a QR code will pop up. After the merchant scans the code with the POS machine with the digital RMB function, the user App The terminal displays the consumption amount. After entering the password, the payment is successful, and then the remaining amount is 120.1 yuan.
According to the rules, users can also choose to pay without secret.
"It is very convenient to download and use. The registration operation is completed within a few minutes, and the payment is smooth." Mr. Yan said.
This is the first public large-scale test of digital renminbi in China, but it is still a routine test, and there is no timetable for its official launch.
Many users compare it with third-party payment methods such as Alipay and WeChat Pay. The reporter learned from two close supervisors that the digital renminbi is a supplement to the payment method and does not think it will have much impact on the current market structure. It is a product of the digital economy that can improve the directness and traceability of currency.
"For example, in this pilot, you can see where the winners are spending, which is not possible with cash."
●User Experience
Download and register fast
On October 13, Mr. Yan from Shenzhen City paid for the book purchase using the digital RMB App.
After opening the App, click "Swipe up to pay" on the page, and the "Pay to Merchant" and QR code will pop up.
After the merchant scans the code with the POS machine with the digital renminbi function, the user App page displays the consumption amount of 79.9 yuan. After entering the password, the payment is successful, and the App displays the remaining amount of 120.1 yuan.
According to the Shenzhen official announcement, when the user uses the payment code to make a payment to the merchant for the first time, he can choose to enable or disable the small amount exemption; if he chooses to enable the small amount exemption, the payment code will be displayed after entering the wallet payment password; if selected If it is not turned on, you will pay directly.
In addition to the scan method, the digital RMB red envelope also supports the main scan method of "users scan the merchant's receipt code for consumption".
Mr. Yan said that he started to make an appointment shortly after the early morning of October 9.
Self-inquiry at noon on the 11th and learned that the winning was received. On the 12th, at 6 o'clock in the evening, the winning text message was received and the digital RMB red envelope was downloaded. The registration process is very simple. You only need to enter the mobile phone number, verification code and other information. It can be directly credited to the account without binding a bank card.
The reporter saw from Mr. Yan’s digital renminbi App that the center of the app opened was a digital renminbi pattern with a red background, which was related to the bank selected during the appointment.
It is understood that the background colors of the digital renminbi bound through different banks of China Construction Industry and Agriculture Company are different, including different background colors such as red, green, and blue.
The wallet balance is marked on the upper left corner of the drawing, and the page has a "Digital RMB (beta)" watermark.
Swipe up to display the payment QR code, with the word "touch" below; slide down to see the account balance, transaction records, etc.
From a functional point of view, the wallet currently has options such as bank deposit, wallet refill, party dues payment, and transfer.
However, according to the pilot red envelope usage rules, the 200 yuan is not yet supported for withdrawal.
Mr. Yan showed the reporter the function of "recharging wallet", which needs to be bound with a bank card, and then it can be transferred to the digital wallet.
He tried to bind the ICBC and Bank of China debit cards respectively, and both of them could be recharged in the digital RMB App, and the amount he recharged could also be withdrawn back to the bank card.
He also demonstrated the transfer operation to reporters, requiring input of mobile phone number or wallet number, and selection of an operating agency.
● Pilot merchants
200 yuan red envelopes can be used in installments for some merchants to launch superimposed promotions
"When someone from the bank came to upgrade the equipment before, they said that if there are consumers who don't understand the digital renminbi, they should tell them that it is the official digital renminbi. It is safe and there is no resistance or worry." Guo of a pilot hotel is responsible. People told reporters.
The person in charge of a pastry pilot merchant surnamed Yang told reporters that after the pilot started, many customers came to the store to use digital renminbi for consumption, and the smoothness of use was very good.
He specifically mentioned two advantages. One is that when the store's signal is not good, it can also accept digital RMB.
“It turns out that when scanning the Alipay or WeChat payment code, because the store’s signal is not good, the client shows that the fee has been deducted, but our merchant has not received it.” Second, the merchant does not have to pay for the fee. Use Alipay or WeChat to pay Handling fees are required for receiving payments, but digital currency is the national legal tender, and there is no cost incurred for acquiring orders using this channel, which can save this part of the expense for merchants.
According to the rules, the winner of the lottery can spend from 18:00 on the 12th to 24:00 on the 18th at the 3389 merchants that have completed the transformation of the digital renminbi system in Luohu District.
The 200 yuan red envelope can be used in installments, and the unused red envelopes after the expiration date will be recovered by the digital RMB system.
During the visit, the reporter also learned that the acceptance equipment used by many merchants has not been replaced, but the system has been modified on the basis of the original equipment, and some merchants have even upgraded their equipment directly in the back-end system of the bank.
The banks participating in the pilot program include four of China Construction Industry and Agriculture, and each bank is responsible for upgrading its own merchant equipment.
From the device receiving end, some pages have not changed significantly.
For example, on the self-service cash register of China Resources Vanguard Supermarket, the entrances of digital renminbi, Alipay and WeChat payment are "scan code payment."
The aforementioned person in charge surnamed Guo told reporters that she uses ICBC's POS machine, and merchants no longer need to open bank accounts independently. All payment methods are entered into an account through the POS machine.
The operation process of the Bank of China POS machine used by a pilot hotel shows that on the cashier page, the menu entry for digital RMB payment is "electronic payment", which is separate from UnionPay QR code, Alipay, WeChat, etc.
●Position advantage
It is an important supplement to existing electronic payment methods and can improve the directness and traceability of currency
Shenzhen officials announced that this event is a routine test in the digital RMB research and development process.
Judging from the latest information disclosed by the central bank, the digital renminbi is still being piloted and there is no timetable for its official launch.
In addition to Shenzhen, the digital renminbi is currently undergoing internal closed pilot tests in Chengdu, Suzhou, Xiongan New Area and future Winter Olympics scenes.
The reporter learned that some people in some pilot areas have tested using digital renminbi to pay party dues.
In addition, the Central Bank Mathematics Research Institute has also established cooperative relations with institutions such as Didi and Huawei.
Some people close to the regulator said that the digital renminbi is a supplement to the payment method and does not think that it will have much impact on the current payment market structure, and the digital renminbi is not like Bitcoin and other unofficial currencies. It is not for appreciation or speculation, but for Payment, fulfill the most basic function of currency.
Central Bank Governor Yi Gang said that the development and application of legal digital currency will help efficiently meet the public's demand for legal currency under the conditions of the digital economy, improve the convenience, security and anti-counterfeiting level of retail payments, and help accelerate my country's digital economy Development is an important supplement to existing electronic payment methods.
Another person close to the regulator said that the digital renminbi can improve the directness and traceability of the currency.
"For example, in this pilot, you can see where the winners are spending, which is not possible with cash." Zhang Zhijun, chief security architect of the World Bank, said in an interview with reporters that the digital renminbi allows the central bank to get it faster and more directly. To the data of capital circulation, thereby shortening the reaction time of monetary policy.
Writing, photography/Beijing News Shell Finance reporter Cheng Weimiao