DBS enables e-CNY merchant collection
Singapore-headquartered DBS has announced the launch of a new solution that allows merchants in China to collect payments in e-CNY, China’s widespread CBDC.
Singapore-headquartered DBS has launched a solution for merchants in mainland China to receive payments in e-CNY, following the successful completion of a transaction using the market’s central bank digital currency (CBDC), for a Shenzhen-based catering client, the bank announced in a release.
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