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.
- UL white paper explains Apple Pay
- Apple joins NFC secure element standards body
- Panasonic takes NFC to the air
- Tesco pilots QR payments
- SimplyTapp compares Apple Pay and Android HCE