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CATEGORY: contactless payments


Jul 13, 2023 01:20

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments

The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas and it currently only supports Android phones.

The post Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments appeared first on BTC Ethereum Crypto Currency Blog.

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