core reading
In recent years, with the advancement of digital renminbi pilot projects, related application products and scenarios have become increasingly abundant. Even if users do not have a bank account, they can use unique identification such as mobile phone numbers to open a digital wallet and pay with digital renminbi, meeting diverse payment needs. .
In the future, the use scenarios of digital renminbi will be further deepened, providing more convenient and safe services for the real economy and people's lives.
Touch payment, scan code payment... In the venues of the Beijing Winter Olympics and Winter Paralympics, digital renminbi payment has become a highlight of financial services, improving consumers' payment experience.
In recent years, digital renminbi has gradually entered people's lives. What impact will this new payment method have on daily payment activities?
What positive effects will it bring to economic and social development?
The reporters started to investigate.
Bring more payment options, convenient and safe for users to use
On February 4, the opening ceremony of the 2022 Beijing Winter Olympics was held at the National Stadium.
At the Winter Olympics licensed merchandise store in the National Stadium that day, many spectators used digital renminbi to buy "Bingdundun".
"I don't have a VISA card, so I just downloaded the digital RMB mobile app before, and I didn't expect it to come in handy here," said Ms. Wang, who lives in Haidian District, Beijing.
On the other side, the digital renminbi service desk located in the spectator area of the National Stadium is crowded.
"I came here as soon as I entered the stadium, and wanted to experience the digital RMB hard wallet." Mr. Dong, who was a technology enthusiast in the audience at the opening ceremony, had already downloaded the digital RMB mobile app and exchanged the Winter Olympics theme at the service desk. Digital RMB hard wallet - "Snow Ring".
Under the guidance of the staff of Bank of China, Mr. Dong binds the "Snow Ring" as a hardware sub-wallet of the soft wallet through the "Post a Post" function, "This way, you can check the balance of the 'Snow Ring' on your mobile phone, Very convenient."
According to the relevant regulations of the International Olympic Committee, as a global Olympic partner, the payment operator VISA is the exclusive payment service provider officially designated by the 2022 Beijing Winter Olympics and Winter Paralympics, and has exclusive rights.
In other words, only VISA and RMB cash (including physical RMB and digital RMB) can be used in the "red line" areas such as the Winter Olympics and Winter Paralympics competition venues, opening and closing ceremonies, media villages, Winter Olympic villages, and training areas. ) payment, and mobile payment tools such as WeChat and Alipay cannot be used.
The digital renminbi is very similar to the mobile payment experience that users are used to, and the use of digital renminbi can fully guarantee users' consumption needs and payment habits.
"As a form of cash, the digital renminbi is a sovereign currency issued by the People's Bank of China, which is legally compensable, so it is not subject to the above restrictions, bringing convenience to users who are accustomed to mobile payments, and bringing more payments to foreign friends. Choose." said Dong Ximiao, chief researcher of China Merchants Union Finance and part-time researcher of Fudan University Financial Research Institute.
Lu Yuan, general manager of the Innovation Department of the Digital Currency Research Institute of the People's Bank of China, introduced that during the Winter Olympics and Paralympics, both Chinese residents and foreign friends in China can choose a variety of digital renminbi products within the country and experience the convenience of small amounts. Mobile payments.
Merchants within the "red line" of the venue, hotels signed for the Winter Olympics, and designated hospitals all support payment in digital renminbi.
Outside the "red line", merchants that have posted digital renminbi logos can also easily accept digital renminbi.
Application products and scenarios are increasingly enriched, improving the efficiency and security of the payment system
The Winter Olympics are just a microcosm of the digital renminbi pilot.
After several years of hard work, my country's digital renminbi pilot has formed a "10+1" pattern, including 10 pilot areas in Shenzhen, Suzhou, Xiong'an New Area, Chengdu, Shanghai, Hainan, Changsha, Xi'an, Qingdao, Dalian and the Winter Olympics scene (Beijing , Zhangjiakou).
According to the data, as of the end of last year, there were more than 8.0851 million digital RMB pilot scenarios, with a transaction amount of 87.565 billion yuan. The public's understanding of the digital renminbi design concept.
Earlier this year, the digital renminbi mobile app (pilot version) was launched on multiple app markets.
With the advancement of the digital renminbi pilot, related application products and scenarios have become increasingly abundant. Taking the Winter Olympics and Winter Paralympics as an example, when using digital renminbi, consumers can choose to use "soft wallet" digital renminbi. The mobile phone application can also exchange the digital RMB "hard wallet".
Among them, "hard wallet" includes card-type hard wallet, bracelet hard wallet and other forms, which can be obtained and used anonymously, which is safe and convenient, and fully protects personal privacy, and can meet the needs of users for small and anonymous payment.
The digital RMB "hard wallet" is simple and convenient to use. Consumers can conveniently obtain and open digital RMB wallets through channels such as Bank of China outlets, hard wallet self-service exchange machines, and designated hotels.
The "soft wallet" digital renminbi mobile phone application can be downloaded and obtained in all major application markets. If consumers only make small daily consumption, they can open a digital renminbi wallet of any operating organization with only their mobile phone number.
Compared with the electronic payment tools commonly used at present, the digital renminbi is both complementary and different.
"Digital renminbi can improve the diversity and versatility of payment tools, and help improve the efficiency and security of payment systems." Lu Yuan said that although the payment functions are similar, digital renminbi has its own specific advantages: First, as a national legal currency, It is the asset with the highest security level; second, it has the characteristics of value, which can transfer value without relying on bank accounts, and supports offline transactions, with the characteristics of "payment is settlement"; third, it supports controllable anonymity, which is conducive to protecting individuals Privacy and security of user information.
"We support the coordinated development of various payment methods, and digital renminbi will coexist with traditional electronic payment tools for a long time." Lu Yuan said.
Facilitating the development of the digital economy and enhancing the inclusiveness of financial services
The "14th Five-Year Plan" outline proposes to steadily promote the research and development of digital currency.
"Currently, the digital economy is becoming an increasingly important driving force for global economic growth." Pan Helin, executive dean of the Institute of Digital Economy, Zhongnan University of Economics and Law, believes that the research and development and application of digital renminbi will help meet the needs of the public in the digital economy. The demand for legal tender will improve the convenience, security and anti-counterfeiting level of retail payment, and boost the development of my country's digital economy.
"The research and development of digital renminbi is the need to help the development of the digital economy." Fan Yifei, deputy governor of the People's Bank of China, said that at present, technological innovation represented by the digital economy has become an important driving force for development momentum. To achieve high-quality economic and social development, objective More secure, universal, and inclusive new retail payment infrastructure is needed as a public product to further meet the diverse payment needs of the people, thereby improving the level and efficiency of basic financial services, and providing strong support for the construction of a new development pattern.
For the financial industry, the digital renminbi is conducive to further lowering the threshold for the public to obtain financial services and effectively enhancing the inclusiveness of financial services.
"After the issuance of the digital renminbi, people in some rural areas and remote mountainous areas can enjoy financial services such as payment through digital wallets even if they do not have bank accounts, which is conducive to the development of inclusive finance. For foreign tourists who do not have domestic bank accounts, In other words, they can make micropayments by opening a digital wallet." Dong Ximiao said that the digital renminbi is based on a generalized account system and supports loose coupling of bank accounts, which means that even if users do not have a bank account, they can also use unique mobile phone numbers and other unique The identity sign opens a digital wallet and uses digital renminbi for payment.
In addition, the "payment is settlement" and low-cost characteristics of digital renminbi are also beneficial to enterprises and related parties while enjoying the convenience of payment, while improving the efficiency of capital turnover and further reducing payment costs.
"The design of the digital RMB wallet is convenient for online and offline full-scenario applications, and meets the differentiated needs of users with multiple subjects, multiple levels, multiple categories, and multiple forms." Pan Helin said.
The People’s Bank of China stated that the next step will be to follow the deployment of the “14th Five-Year Plan”, continue to steadily promote the pilot research and development of digital renminbi, and further deepen the pilot use of digital renminbi in retail transactions, living payment, government services and other scenarios, and implement the pilot program of digital renminbi research and development. To serve the real economy and people's lives, let more enterprises and individuals feel the value of digital renminbi, and fully stimulate the enthusiasm of all parties in the industry.
Our reporter Wu Qiuyu