Topic “China UnionPay”

Reports: ZTE Pay to Join Crowded Mobile Payments Market in China

Sep 9 2016

NFC Times Exclusive Insight – Credible reports say that Chinese smartphone manufacturer ZTE plans to join the “OEM Pay” club, and that the company has signed an agreement with payments network China UnionPay to deploy an NFC-enabled mobile payments service in China.

China UnionPay Confirms Support For Huawei Pay

NFC Times Exclusive Insight – Chinese payment network China UnionPay has announced support for Huawei Pay, a deal that could substantially expand the number of banks and payments cards that Huawei could enable for its NFC payments service as it seeks to compete with Apple and Apple Pay.

Apple and Samsung Announce Plans for Mobile Payments Launches in China

NFC Times Exclusive Insight – Apple has announced overdue plans to launch Apple Pay in China early next year, touting a list of 15 major banks that will enable customers to load their credit and debit cards in its Wallet app, including China’s big four state-owned banks. Meanwhile, Samsung followed with an announcement of its planned launch of Samsung Pay in China, which was also expected.

China UnionPay, Banks Expand HCE-Based Mobile Payments in Advance of Apple Pay Launch

NFC Times Exclusive Insight – Even as major Chinese banks and payment network China UnionPay prepare to participate in what is expected to be the launch of Apple Pay in China in the first quarter, they are expanding their Android-based mobile-payments services using host card emulation.

Major Chinese Banks Tap HCE as Latest Technology to Try to Spur Mobile Payments

NFC Times Exclusive – Seven major Chinese banks have launched NFC mobile payments using host card emulation, or are planning to do so soon, as they and payment network China UnionPay try to roll out mobile payments more widely and guard their turf against such Internet players as Alipay and Tencent Holdings. 

Apple Moves Closer to Apple Pay Launch in China, Though No Date Yet Revealed

NFC Times Exclusive Insight –  Apple has been quietly taking more steps toward a launch of Apple Pay in China, registering a local company in Shanghai and hiring at least two top former Visa China staffers, including the former country manager.

China Construction Bank Launches NFC Payments Using Host Card Emulation, Following ICBC

Oct 3 2015

NFC Times Exclusive Insight – At least one more of China’s big four banks, and perhaps two, have reportedly introduced mobile payments with host card emulation, following Industrial and Commercial Bank of China, which launched HCE-based service in May.

NXP Reports Sequential Drop in NFC Business; Delay in Apple Pay Launch in China Blamed

NFC Times Exclusive Insight – NXP Semiconductors reported its NFC-based mobile transactions business fell in the second quarter compared with the first quarter, with CEO Rick Clemmer apparently blaming the delayed launch of Apple Pay in China, which he indicated is hurting its sales of NFC chips to Android handset makers in the country. 

Hong Kong Telco Launches NFC Payments Service and App; Requires Users to Change SIMs

NFC Times Exclusive Insight – Hong Kong Telecom is the latest telco to introduce its own prepaid mobile payments service and wallet app, which supports MasterCard PayPass for in-store purchases, along with online payments and a peer-to-peer funds transfer service–the latter initiated by NFC P2P mode.

UnionPay Continues Talks with Apple; China Mobile Maintains Support for NFC SIMs

NFC Times Exclusive – SHANGHAI, China: China UnionPay is continuing negotiations with Apple and some sources told NFC Times it is gearing up for a planned launch of Apple Pay in China.

HEADLINE NEWS

Apple Testing Loyalty Feature; Google Expected to Expand Payments for Home Device

NFC TIMES Exclusive – As they struggle with low user adoption of their respective wallets in the U.S., Apple and Google are seeking to add more features, hoping to increase transactions, NFC Times has learned.

Taiwan Chief Banking Regulator Reveals Apple Pay Card Adds; Samsung Launches Early Access in Country

NFC TIMES Exclusive Insight – The chairman of Taiwan’s banking regulator, the Financial Supervisory Commission, Wednesday revealed just how fast a start Apple Pay got on the island nation, following its launch of the mobile payments service there in late March.

Analysis: Cook Touts Apple Pay's 'Phenomenal Traction,' but Figures–or Lack of Them–Tell Another Tale

NFC TIMES Exclusive Insight – Apple CEO Tim Cook, with typical enthusiasm, touted Apple Pay’s “phenomenal traction” yesterday in a conference call with analysts. But with one exception, he again failed to release any actual transaction figures for the mobile payments service, while also apparently overstating the contactless and NFC acceptance footprint in the U.S.

Analysis: Enabling HCE Payments in Stand-Alone Wallet Vs. Mobile-Banking App? A Look at Ukraine

NFC TIMES Exclusive – Banks planning to launch host card emulation-based mobile payments have a decision to make: Should they incorporate the payments feature in their mobile-banking apps or introduce a separate wallet app.

Samsung ‘Officially’ Launches First Pays Service in Nordics and Middle East; Expands Beta to Two More Countries

NFC TIMES Exclusive Insight – Samsung today said it had “officially” launched its mobile payments service, Samsung Pay, in Sweden and the United Arab Emirates after “early-access launches” in these countries, making it the first of the global “Pays” wallets to fully launch in either the Nordics or the Middle East.

‘Pays’ Not Enough: Two Singaporean Banks to Expand P2P Apps to In-Store Payments Using QR Codes

NFC TIMES Exclusive Insight – Two of Singapore's major banks–both of which are participating in all three of the “Pays” wallets–Apple Pay, Samsung Pay and Android Pay–are expanding their peer-to-peer payments services to in-store payments using QR codes.

More German Banks to Commercially Launch HCE-Enabled Payments

NFC TIMES Exclusive – At least two German banks plan to follow the country's largest bank by assets, Deutsche Bank, in offering host card emulation-based mobile payments to their customers, NFC Times has learned.

PayPal Will Use Discover Acceptance Infrastructure and Tokenization for In-Store Payments with Android Pay

NFC TIMES Exclusive – PayPal will use the Discover Financial Services acceptance infrastructure and tokenization for its move to in-store payments with Android Pay, NFC Times has confirmed.

Samsung Pay Nears Launch in Taiwan; Android Pay Expected to Follow

NFC TIMES Exclusive – Samsung Pay is expected to launch next month in Taiwan, followed by Android Pay, as the two global “Pays” wallets gear up to compete with Apple Pay on the island nation, NFC Times has learned.

Analysis: Following Delays, PayPal ‘Soon’ to Launch Next Attempt at In-Store Payments using Host Card Emulation

NFC TIMES Exclusive Insight – PayPal and Google announced a deal that promises to finally bring HCE payments to U.S. PayPal account holders, after delays–enabling users to pay with PayPal through Android Pay.

Vendor Blames Certification Woes for Slow Rollout of Payments Wearables

NFC TIMES Exclusive – A costly and time-consuming payments wearables certification process is a major contributor to delays in payments wearables getting into the hands of more consumers, Israel-based On Track Innovations’ director of marketing and head of innovations Nir Barr told NFC Times.

With Apple’s NFC Technology Locked, Denmark Tries BLE for Payments

NFC TIMES Exclusive – With Apple showing no signs of backing off its policy of restricting use of its NFC technology to Apple Pay only, banks and payments services providers are looking for ways to enable their iPhone-packing customers to pay with their phones in stores, especially in countries where Apple Pay hasn’t yet launched.