Apple Bay to come to China in 2016

Dec

19

2015

Today announced Apple announced the signing of a partnership agreement with the approved bank cards Society of China UnionPay China UnionPay in order to enter the wireless payment service Apple Pay to the Chinese market as soon as in 2016.

He pointed Eddie Kew vice president of Apple in charge of Internet software and services “Apple Pay service enjoys support from 15 of the Bank of China’s leading banks.”

She pointed out that Apple’s Apple Pay service is still subject to the tests and to obtain the required certification by the Chinese regulators before its launch effectively.

And Apple Pay Service will work with the brand, which is QuickPass own brand contactless payment technology developed and supervised by UnionPay Society of China.

And it will allow Apple Pay service for owners of iPhone and mobile 6 hours Watch Apple doing the payment within stores across the country when the service is put effectively.

It reports issued last November that the company is working on the introduction of Apple Pay service to China, and aims to operate effectively by the Chinese celebrate the start of the Chinese New Year, which begins on the eighth of February.

Information indicates the company’s work hard to activate the service and its launch in the country, but it is not clear whether the service will exceed the tests and get the required certificates before this date.

The Apple has made earlier this year to open a company in the Free Trade Zone in Shanghai, and has invested $ 13.4 million in the process.

China is the fifth country in the world supports electronic payment service contactless Apple Pay, and was preceded by the both the United States and the United Kingdom, Canada and Australia, the company plans to enter Hong Kong, Spain and Singapore market soon.

Apple has a strong partner in China UnionPay is the Association, but may face stiff competition from providers of payment services by mobile phone such as Wei Chat WeChat service from Tencent company and service company AliPay of Alibaba.

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