Electronic yuan now trialed in Shanghai
Print Edition
SHANGHAI started testing the electronic yuan on Tuesday, just a day after its digital ambitions were announced.
Unlike previous pilot programs in Shenzhen and Suzhou, the city was the site of the first application of the technology to make digital payments without using mobile phones, which will provide people a more convenient way to use e-yuan.
Senior citizens with less access to digitalization will also benefit from the technology, according to industry insiders.
Tested at the staff canteen of Tong Ren Hospital affiliated to Shanghai Jiao Tong University School of Medicine, the e-yuan enables doctors to make quick payments by swiping specially designed cards on payment terminals.
Hospital staff can see the amount of e-yuan they’ve spent, their card balance and transaction times through a display window on the upper right corner of the card.
Tong Ren Hospital officials said they plan to expand the pilot use of digital yuan into making payment for diagnosis and treatment, physical examinations and parking while creating more intelligent and convenient services for patients.
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