Tag: Bank of China

Apple seeks to bring mobile payments service to China

Stephen Vagus
apple store mobile payments

Apple is talks with Chinese banks to bring mobile payments service to the country Apple is looking to release its mobile payments service, Apple Pay, in China in the relatively near future. The company is reportedly in negotiations with four of China’s largest banks, including Bank of China, and the Industrial & Commercial Bank of China. If Apple can form a deal with these financial institutions, iOS consumers in China will be able to use Apple Pay to purchase products, both in physical stores and online. Apple Pay enables iOS…

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China UnionPay launches new mobile commerce service

Jesse Collins
China Mobile commerce ticketing payments

New mobile commerce service launches in China China UnionPay has officially launched its ambitious mobile commerce platform in Shanghai. The company has been working on developing the platform for some time, hoping to fashion it after the interests of consumers. Many Chinese consumers have become enthralled with the concept of mobile commerce, thus increasing the demand for services that cater to this interest. China UnionPay expects the new service to be well received among consumers due to the fact that it leverages NFC technology and offers a more convenient way…

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