China launches digital yuan app in pilot cities nationwide

Central bank's e-CNY joins Alipay and WeChat Pay for mobile payments

20220106 Caixin digital yuan app RC2H9N92ZGW3

The app is now available to users in 12 cities and regions, including Beijing and Zhangjiakou, the host cities for the upcoming Winter Olympics. © Reuters

ZHANG YUKUN, Caixin

China has launched a smartphone app for payments and money transfers using the digital yuan as the country continues testing its central bank digital currency.

The e-CNY app became available on app distribution platforms for Android and iOS users in China on Tuesday.

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