BEIJING, May 10th (TMTPOST) — Alipay now provides digital RMB service to some of its users. Alipay users can follow a set of instructions to set up a MYbank digital RMB wallet.
It is reported that MYbank’s digital RMB wallet can also be used anonymously. Anonymous usages include money transfer and retail payment. Other functions such as withdrawing, top up, balance limit and retail payment limit require national ID verification. However, MYbank wallet’s payment and receive money are not available on the digital RMB app yet.
