Digital renminbi SIM card hard wallet function will be launched, supporting no electricity payment and other features

Tech 2023-07-11 13:50:36 Source: Network

[Global Network Technology Comprehensive Report] On July 11, it was reported that according to the information released on the official WeChat official account of the Bank of China, Bank of China, China Telecom and China Unicom will jointly launch the SIM card hard wallet product on the Digital renminbi App. This product will recently carry out the invited user experience in some pilot areas, and then be promoted to other pilot areas in stages

[Global Network Technology Comprehensive Report] On July 11, it was reported that according to the information released on the official WeChat official account of the Bank of China, Bank of China, China Telecom and China Unicom will jointly launch the SIM card hard wallet product on the Digital renminbi App. This product will recently carry out the invited user experience in some pilot areas, and then be promoted to other pilot areas in stages. Currently, only Android phones with NFC function support the use of SIM card hard wallets.

SIM card hard wallet refers to the connection of the Digital renminbi soft wallet to the super SIM card issued by the operator, so that the card has the Digital renminbi payment function. Compared with the ordinary SIM card with only communication function, the super SIM card not only retains the complete communication function, but also adds a memory chip to achieve the effect of multi card integration, such as meal card, access card, Transit pass, or financial security authentication, 5G electronic signature and large amount transfer.

It is reported that the user needs to change or get a super SIM card in the business hall of China Telecom and China Unicom, log in to the Digital renminbi App after installing it on the mobile phone, open the SIM card hard wallet, and use the NFC function of the mobile phone to "touch" to complete the Digital renminbi payment. This function is also applicable to situations such as mobile phone power-off, power-off, etc.

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