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    China

    News about the NFC market in China — trials, pilots, tests and live services.

    Alipay users in China can now make payments through Samsung Pay

    May 20th, 2016

    Alipay users across China will now be able to make in store payments by scanning QR codes through the mobile payment platform using Samsung Pay, as a result of a partnership between Samsung and Alipay… More

    Samsung Pay expected to enable support for Alipay

    May 19th, 2016

    Samsung and Chinese internet giant Alibaba are to announce a collaboration on mobile payment systems this week, according to Yonhap News Agency. “The partnership with Alipay will allow Samsung Pay users to make payments for their offline purchases using Alipay’s QR codes and barcode scanners,” the publication reports.

    Samsung Pay adds membership and loyalty cards in the US

    May 19th, 2016

    Samsung Pay users across the US can now add their merchant membership and loyalty cards to the mobile payment service and receive savings, rewards and other offers by having a card’s barcode scanned by the cashier at the point of sale. More

    Apple Pay expands to MasterCard, Visa and five key banks in Canada

    May 10th, 2016

    Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada and BMO Financial Group. More

    More than half of payment cards shipped in 2015 were contactless

    April 27th, 2016

    Contactless technology was built into 56% of all smart cards shipped globally excluding the Americas in 2015, up from 42% in 2014, the Smart Payment Association reports. “53% of all cards shipped in Europe were contactless, while in the Asia Pacific region, an impressive 74% of cards featured contactless technologies,” says the association. Approximately 2.6bn chip payment cards were shipped around the world last year, with 570m shipped to the US — a two-fold increase on 2014 — and a 27% growth in shipments in China.

    Apple Pay gets 1m new users every week

    April 27th, 2016

    Apple Pay is now signing up 1m new users per week, Apple CEO Tim Cook revealed during the company’s second quarter earnings call. “Apple Pay is growing at a tremendous rate with more than five times the transaction volume of a year ago and 1m new users per week,” Cook told investors. “More expansion of Apple Pay is coming soon.” The mobile payment service is currently live in the US, UK, Canada, Australia, China and Singapore.

    Xiaomi to launch Xiaomi Pay in China

    April 25th, 2016

    Chinese smartphone maker Xiaomi is to launch an NFC based Xiaomi Pay mobile payment service in partnership with China UnionPay. “The two parties will design a mobile payment product for Xiaomi’s smartphones,” Xinhua News Agency reports, adding that the companies have yet to specify a timetable. The announcement follows the unveiling of handset maker Huawei’s Huawei Pay NFC service that is also set to launch in China.

    Samsung Pay to launch in Singapore in Q2 this year

    April 20th, 2016

    Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”. The service will launch… More

    Baidu Wallet launches in Thailand

    April 19th, 2016

    China’s Baidu has launched its Baidu Wallet mobile payment service in Thailand, enabling Chinese tourists to pay for goods and services there with their mobile phone. “Travelers can use Baidu Wallet to scan the QR codes of the app’s partnered merchants and enter the amount they need to pay,” China Daily reports. The service is also expected to expand to South Korea, Japan, Hong Kong, Macao and Taiwan.

    Apple Pay launches in Singapore

    April 19th, 2016

    Apple Pay has begun rolling out across Singapore, letting consumers pay in store with compatible Apple devices and make purchases within participating mobile apps using their American Express cards, with support from Visa expected “soon”…. More

    WeChat integrates with Givex to push in-store presence

    April 14th, 2016

    Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code. More

    Alipay to expand to Europe this summer

    April 5th, 2016

    Chinese mobile payments platform Alipay, which has 450 million active users, is to be made available in Europe this summer, enabling Chinese shoppers to make payments in stores, receive offers and view nearby shops and restaurants that accept the mobile payments service. More

    Xiaomi to launch Xiaomi Pay?

    March 30th, 2016

    Handset maker Xiaomi has filed a patent in Korea for a mobile payment service called Xiaomi Pay, The Korea Herald reports. “There is speculation that Xiaomi’s upcoming mid-range smartphone Mi5 will feature the NFC mobile payment service,” the publication says. “The patent filing in the Korean market indicates that the Chinese tech firm plans to roll out its smartphone here.” The Mi5 was unveiled during Mobile World Congress and is equipped with NXP’s secure element and NFC solution.

    Samsung Pay launches in China

    March 29th, 2016

    Samsung Pay has begun rolling out across China, letting consumers make mobile payments with a compatible device “virtually anywhere you can swipe or tap your card” using their China UnionPay debit and credit cards. More

    Tencent reports major increase in mobile payment users

    March 23rd, 2016

    Chinese internet giant Tencent has reported that the number of monthly active users (MAU) of its mobile payments services has increased by seven times over the last year. Its QQ Wallet was used to exchange 6bn red envelopes during the Lunar New Year holidays and Weixin Pay was used to exchange 32bn red envelopes over the same period, up nine times on a year ago. “For Weixin and WeChat together, MAU reached 697 million at the end of 2015, representing YoY growth of 39%,” Tencent says.

    Huawei teams up with China UnionPay to roll out NFC mobile payments

    March 22nd, 2016

    Handset maker Huawei has partnered with bank card association China UnionPay for the roll out of Huawei Pay, an NFC-based mobile payment service that makes use of tokenization technology and is expected to be available on a wide range of Huawei handsets. More

    Apple Pay adds US and Chinese banks

    March 21st, 2016

    Apple has added another 48 banks and credit unions to its list of Apple Pay supporting financial institutions in the US and a further three banks in China, “notably including Ally Bank, one of the last major national US banks that had not supported the mobile wallet technology,” Macnn reports. “The three new Chinese banks that have added support for Apple Pay are China Everbright Bank, Huaxia Bank and Ping An Bank.”

    Swatch to focus on mass market smartwatches

    March 18th, 2016

    Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models. “Making progress in the smartwatch market is crucial for Swatch, which is seen as the most vulnerable of the Swiss watchmakers to inroads by the Apple Watch and similar watches produced by Samsung Electronics and others,” The Wall Street Journal reports. The company launched its first NFC payments watch, the Swatch Bellamy, in China in October 2015.

    Huawei Pay to launch in China

    March 9th, 2016

    Handset maker Huawei is to launch its own mobile payment service in China in cooperation with Bank of China. “At this point, Huawei is yet to reveal any specific details about the Huawei Pay service,” Gizmochina reports. “Bank of China currently seems to be the only partner, but we can expect more tie-ups soon.”

    Ant Financial seeks US$3bn in funding

    March 8th, 2016

    Alipay parent Ant Financial is planning to raise up to 20bn yuan (US$3.1bn) in its current funding round at a valuation of more than $50bn, according to The Wall Street Journal. “The fresh funding will give the operator of popular Chinese online payments platform Alipay more financial muscle as it buys stakes in businesses ranging from a Chinese lottery company to China’s Postal Savings Bank,” the publication says. “It also sets the stage for Ant Financial’s future initial public offering — bankers expect it as early as 2017.”

    Full list of NFC trials, pilots, tests and live services around the world...

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