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China UnionPay to offer QR payments?

News in brief

China UnionPay is developing a QR code-based mobile payment service that will provide a way to make both online and offline mobile payments, according to Marbridge Consulting. The company, which has been heavily involved in the rollout of NFC payments in China, is now in discussions with banks regarding promotional activities for the new service, the report says.

Filed by Email Rian Boden Published • Last updated 11 July 2014, 12:29

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