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Tuesday, 12 January 2021 03:39

Pilot Program of Digital Currency Electronic Payment (DCEP) Card-Wallet launches in Shanghai

A physical card-wallet pilot program has been launched in a canteen at Shanghai Jiao Tong University School of Medicine’s Tongren Hospital. Staff at the hospital can use the card-wallet to make purchases at the many shops in the hospital. The card shows spending, balance, and the remaining number of offline payments available via a small screen at the top-right corner of the card. In the future, DCEP will be tested in various scenarios such as for hospital diagnosis and treatment payments, physical examinations fees and parking fees.