South Korea’s 7-Eleven stores are now accepting the Bank of Korea’s central bank’s digital currency (CBDC) as part of a limited time testing that runs through June.

The company participates in the “Hangang Project” pilot in CBDC. Customers with accounts with one of seven partner banks – including Kookmin, Shinhan and Woori – can pay for items at checkout by scanning a QR code from their digital wallet, similar to how many people use mobile payment apps, according to local news expenses today.

To encourage participation, 7-Eleven offers a 10% discount on all products when purchased with the digital currency during the trial period.

Moon Dae-Woo, head of digital innovation at 7-Eleven, said the dealer is experimenting with new technologies to improve store efficiency.

“By participating in this payment test with digital currency, we have taken another step forward in digital transformation,” he said in a statement.

The pilot is one of the first real attempts at a central bank’s digital currency in a retail setting in South Korea. It comes after the country’s central bank governor said there was “urgency” in the introduction of a CBDC.

Disclaimer: Information collected for this story was translated with the use of artificial intelligence.