The basic situation of E-CNY
Product introduction: E-CNY
The currency: E-CNY
Two banks: central bank issuance and bank issuance
Three centers: registration, certification, big data analysis center
E-CNY refers to legal digital currency, which is issued by the central bank in accordance with the law. It has unlimited legal compensation and the functions of value scale, circulation, payment and store of value.
Characteristics
1.There are no settlement, deposit and withdrawal fees to achieve financial inclusion.
2.Same-day cleared payments: There are no intermediate stops for settlement.
3.Its circulation can be anonymous, programmable, traceable. It has smart contracts and other functions.
Advantages
Showing QR code to pay the fare promotes the application of E-CNY in bus travel and helps the promotion of E-CNY.
New applications
Scanning QR code to pay the fare is a successful application of E-CNY in the field of public transportation, accelerating the improvement of green and smart transportation systems, and exploring smart and efficient public transportation methods.
It can enrich the payment methods for passengers to take the bus, promote the application of E-CNY as a legal currency in the lives of citizens, and accumulate the pilot experience in mobile small-amount payments.
After POS machines in the existing buses are upgraded, E-CNY payment function can be supported by embedding the E-CNY payment module.