China’s digital yuan: e-CNY wallet tops download charts in Apple and Xiaomi app stores ahead of Lunar New Year

Source: Tech – South China Morning PostChina’s digital yuan wallet app has become one of the country’s most downloaded apps within just a week of launching, a development that could disrupt a consumer payment market dominated by Alipay and WeChat Pay.Downloads of the e-CNY app, which currently operates in select cities, exceeded those of WeChat, the super app from Tencent Holdings with its own mobile payment function, to become the most popular app on Apple’s iOS on Wednesday, a day after landing in app stores, according to market…Read More

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