China's Suzhou city will launch a pilot program of giving digital RMB gift money during the December 12 shopping festival, an upgrade from Shenzhen, thepaper.cn said today, citing sources with knowledge of the event.
Testers in Suzhou have already experienced digital RMB payments, which support "offline use" and "touch to pay" functions, the report said.
Shenzhen launched a pilot digital RMB gift money campaign last month in partnership with the People's Bank of China, the central bank, giving out a total of 10 million yuan in gift money to individuals in Shenzhen.
Shenzhen's campaign was well-received at the time, with only 2.6 percent of participants getting the digital RMB gift money given out in a "lottery" format.
It is worth mentioning that in the Shenzhen pilot, the gift money users could not use the "offline payment" and "touch to pay" function.
In addition to Suzhou, a Chengdu banker also said that the city also has a digital RMB pilot, but at the moment the work is carried out on a whitelist invitation system, users can only be invited by bank employees to download the digital RMB wallet, known as the "Panda Wallet".
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