Alipay Is Now Available In The Digital Yuan Wallet App

China is leading the race of central bank digital currency.

Alibaba-backed MyBank(AliPay) is the seventh commercial bank to be included as part of the updated digital yuan wallet app.

AliPay users can see the added digital yuan column on the main menu of the app.

With Alipay, the knowledge in e-commerce, mobile payment and financial technology can greatly explore the broader aspects of application for the digital yuan.

AliPay is China’s largest third-party playform with 1 Billion users, 80 million merchants and 2,000 financial institution partners.

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