Mobike users face fines for parking outside demarcated area in Beijing

China's bike sharing giant Mobike has set up parking areas marked by virtual fences on its user app and will fine users who park outside these designated areas, according to an announcement issued by the company.

Mobikes parking at designated area,Beijing,Capital of China. [File photo：IC]

A reminder will be sent via text message to users who break the rules, but the 5 yuan fine (about 0.70 U.S. dollars) will be refunded as long as the user moves the bike back to an approved parking area within 24 hours.

Mobike will also recommend parking spots to users once they start to ride a bikes, and offer coupons or other rewards for good parking behavior.

Mobike said that the practice of building electronic fences is to help educate users to become more responsible for how they use public space.