Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city buses after being tested in just two bus lines.
Jinan Includes Digital Yuan Payments In Public Transportation System
The city of Jinan, the capital of the province of Shandong in China, has recently announced the implementation of digital yuan payments in its public transportation system. According to local sources, the Jinan Public Transportation Group, a company that manages the bus system in the city, included the digital yuan as a payment means for bus fares on July 1.
Now, almost 7 million citizens of Jinan will be able to use their digital yuan wallets provided by the People’s Bank of China (PBOC) to pay for bus rides in a push to accelerate the digital transformation of the city’s public transportation system. Before, the company had c
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