News about the NFC market in China — trials, pilots, tests and live services.
February 4th, 2016
Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019.
February 1st, 2016
Chinese consumers using taxi hailing app Uber will soon be able to pay for their journeys using Ant Financial’s mobile payment platform Alipay when travelling abroad. “The partnership will enable riders from mainland China to use their Alipay accounts to pay for Uber rides when they’re travelling in other regions,” Uber China says. “Uber riders have been able to use Alipay to pay for their rides in mainland China since 2014.”
January 29th, 2016
Chinese ecommerce giant Tencent is testing its WeChat Wallet service with users in Hong Kong. “Users who are part of the pilot programme will be able to link their Hong Kong credit cards to the service and purchase items using the WeChat app, including movie and flight tickets,” the South China Morning Post reports. “A source close to the company said it may take several months before the payment service is rolled out to all WeChat users in the city.” WeChat Wallet launched in South Africa in November 2015.
January 25th, 2016
Nearly two thirds (65%) of online payments in China were made through Alipay last year, findings published by the mobile payments provider and reported by ECNS reveal. “The percentage represents a big jump compared with 49.3% of the total transactions done by the same mode in 2014,” the publication says. “The Tibet autonomous region leads the country in mobile payment with 83.3% of the online payment transactions in the region made with mobile devices in 2015.”
January 22nd, 2016
Samsung Pay users in South Korea will soon be able to make payments in China and the US using cards issued by South Korean card companies. “Samsung is going to finish linking foreign payment system with KB Card, Samsung Card, Lotte Card and Hana Card and start Samsung Pay service at foreign merchants at the end of this month,” ET News reports. “These four card companies have negotiated with Visa, MasterCard, UnionPay, JBC and others for Samsung Pay’s foreign payment.”
January 22nd, 2016
Customers of Spain’s CaixaBank will be the first in the country to be able to use Samsung Pay, following a partnership between the bank and Samsung that will see the mobile payment service added as an option to CaixaBank’s host card emulation (HCE) based mobile payment app.
January 18th, 2016
Ford car owners will soon be able to make transactions from their vehicle for services such as car parking using FordPay, a virtual wallet that stores payment details on their mobile phone. The feature is part of the FordPass platform which aims to offer drivers more mobility options and also includes merchant rewards.
January 7th, 2016
A case study that details the lessons learned by mobile network operator China Unicom when implementing mobile couponing and loyalty solutions in the Chinese market is now available to download from the NFC World+ Knowledge Centre. ‘China Unicom: Delivering mobile couponing and loyalty services to the Chinese market’, produced by the GSMA, also explores the opportunities available when mobile network operators and merchants work together to implement retail incentive programs.
January 7th, 2016
Samsung Pay will become the mobile payments market leader in Asia, with a 49% share of the market in 2016, a Korean investment firm predicts. “Hyundai Securities is estimating that 200m Samsung smartphones will have Samsung Pay next year,” Etnews reports. “As Samsung joins hands with UnionPay, it is expected that Samsung Pay’s influence will expand starting from China.” Samsung announced its partnership with China UnionPay in December 2015.
January 6th, 2016
Samsung is to launch its Samsung Pay mobile payment service in Australia, Brazil and Singapore, the company’s Tim Baxter has announced during a keynote at the CES show in Las Vegas. The service will also be available on the Samsung Gear S2 classic smartwatch from early this year, starting in the US.
December 18th, 2015
Samsung has partnered with China UnionPay to bring its Samsung Pay mobile payments service to China in early 2016. The announcement comes as Apple reveals that it has also partnered with the bank card organisation to bring Apple Pay to Chinese consumers next year.
December 18th, 2015
Apple Pay will launch in China in early 2016 through a partnership with bank card association China UnionPay and with support from 15 of the country’s banks. “Apple Pay will roll out to China UnionPay cardholders…
December 17th, 2015
A white paper aimed at giving transport operators, transport authorities and ticket distributors greater insight into deploying mobile ticketing technologies and services while both containing costs and improving the passenger experience is now available to download from the NFC World Knowledge Centre.
December 15th, 2015
Customers of more than 20 commercial banks in Beijing can now make host card emulation (HCE) based mobile payments using a new service launched by bankcard association UnionPay. “QuickPass offers a new mobile phone service…
December 14th, 2015
Chinese consumers can now make purchases using QR code-based mobile payments service Alipay at European retailers that incorporate barcode payment functionality provided by Wirecard. “Chinese users are able to pay with their smartphone and Alipay app at authorised POS retailers in Europe by using integrated barcode payment functionality from Wirecard, without incurring currency exchange fees,” the German payment technology provider says.
November 30th, 2015
Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform.
November 30th, 2015
Swiss luxury watchmaker Swatch has confirmed that it has signed an agreement with Visa and Visa Europe to enable eligible cardholders in the US, Switzerland and Brazil to tap and pay with the Swatch Bellamy watch.
November 26th, 2015
Luxury watchmaker Swatch has signed a contract with Visa to roll out its Bellamy NFC payment watch following its debut in China in October 2015. “[Swatch CEO] Nick Hayek confirmed that a contract was signed with Visa — he gave no further details,” Le Temps reports. The newspaper says that the brand is preparing to launch Bellamy in countries including the US and Switzerland in early 2016.
November 25th, 2015
Apple Pay has reached an agreement with China UnionPay to use its point-of-sale network to introduce the mobile payment service in China, according to Bloomberg. “Details of the agreement are yet to be finalized, pending feedback from banks that issue cards,” the publication reports. Apple is reportedly planning to launch Apple Pay in China before 8 February 2016.
November 24th, 2015
Apple is planning to launch Apple Pay in China by 8 February 2016, according to the Wall Street Journal. “The Cupertino company has struck deals recently with China’s big four state-run banks,” the publication reports. “The effort could still face regulatory hurdles in China, where banking and ecommerce are overseen by a number of government agencies.” Reports that Apple Pay had “hit bumps” in China first emerged in February 2015.