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China UnionPay

News stories featuring China UnionPay:

Android Pay to use fingerprint security

November 27th, 2014

Android Pay, the mobile payments service being developed by China UnionPay, will use both NFC and fingerprint verification, Want China Times reports. “Android Pay adopts a similar model to Apple’s Apple Pay,” the report explains. “The difference is that there are more partners UnionPay can choose to produce the security recognition modules with and thus UnionPay may have greater influences on users than Apple Pay.”

CUP to launch Android Pay in China

November 25th, 2014

China UnionPay (CUP) is planning to introduce “Android Pay”, an NFC-based mobile payments service, in the third quarter of 2015, Yicai reports. CUP is in discussion with a number of mobile phone manufacturers to support the service, the article adds, and is working with Lenovo on POS terminal support.

CUP moves to block Alipay

November 17th, 2014

China UnionPay (CUP), the country’s official card payments network, has issued notifications to its member banks to tell them “to avoid working with third-party payment services like Alipay”, Want China Times reports. Alipay now has a 50% market share in China, the report adds, while CUP has an 11.9% share. Apple, which today added CUP cards as a payment option to its App Store, has been reported to be in talks with China UnionPay and also with Alipay about partnering to bring Apple Pay to China.

Watchdata launches wearables that support NFC payments

November 5th, 2014

Singapore-based Watchdata Technologies has unveiled Sharkey, a wearable device that supports NFC payments and comes in two form factors — a smartwatch or a wristband. Sharkey connects with a wearer’s Android or iOS phone via Bluetooth… More

EMV hits nearly 30% of global card-present transactions

November 4th, 2014

Almost 30% of all card-present transactions conducted globally between July 2013 and June 2014 used the EMV chip card standard, EMVCo has revealed, with the highest usage in Western Europe and the lowest in the… More

Samsung Pay lands in China

October 2nd, 2014

Samsung’s version of Apple Pay is now live in China, Korea’s Yonhap news agency reports. The phone maker has taken a similar route to Apple by partnering with EMVCo member China UnionPay, which has an installed base of 3.6m contactless POS terminals, for the launch of an NFC payment service for users of its devices. “The tie up with UnionPay, which controls 80% of China’s offline payment market, is expected to give Samsung a head start in the mobile payment sector,” the agency says.

China Mobile picks Gemalto for NFC ticketing in Beijing

September 25th, 2014

China Mobile, the world’s largest mobile network operator, has chosen Gemalto to supply it with NFC-enabled SIMs “to protect consumer credentials used for mobile contactless applications​, starting with mass transit services in Beijing.” The SIMs… More

China UnionPay to offer QR payments?

July 11th, 2014

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.

Brightwire: Apple signs mobile payments deal with China UnionPay

May 12th, 2014

“Apple is likely to incorporate a near field communication (NFC) payment function in the next generation iPhone and has reached an agreement with China UnionPay on a mobile payment service,” investment newswire Brightwire reports, citing… More

EMVCo publishes tokenization framework specification

March 11th, 2014

The first version of the EMV Payment Tokenization Specification has now been published and is available to download. The document sets the scene for the arrival of MasterCard, Visa, American Express, Discover, JCB and UnionPay… More

Xiaomi Mi3 uses Oberthur SE

October 29th, 2013

Chinese smartphone manufacturer Xiaomi has included Oberthur Technologies’ Pearl embedded secure element in its Mi3 handset — a device which sold 100,000 units in under 90 seconds when it became available earlier this month. The Pearl is certified for NFC payments by Visa, MasterCard and Google and is undergoing certification by China UnionPay. It also supports strong authentication, transit, access and loyalty applications.

Bank of China launches NFC payments in Hong Kong

October 10th, 2013

Bank of China (Hong Kong) is to introduce a microSD card based NFC payments service before the end of the year. Selected customers will be able to use the BOC e-Wallet Mobile Payments Service “from… More

NFC mobile ticketing to go live in Beijing

July 24th, 2013

The NFC mobile payments service introduced last month by China Mobile and China UnionPay will be commercially launched on public transport in Beijing next week, according to CCTV News. The launch follows a trial period… More

CUP Wallet to include offers

July 17th, 2013

Payments network China UnionPay has officially launched CUP Wallet, an NFC-based mobile wallet platform which eight Chinese banks have committed to supporting. The new service will support a range of offers linked to credit card spending, China UnionPay says.

China Mobile and China UnionPay test NFC on public transport

June 18th, 2013

The NFC mobile payments service launched earlier this month by China Mobile and bank card association China UnionPay has been pilot tested on public transportation services in Beijing, reports TechWeb China. The trial, which has… More

China Mobile and China UnionPay launch NFC payments service

June 11th, 2013

China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have announced that their NFC payments service is now live in more than fourteen Chinese cities, including Shanghai, Beijing and… More

HK bank eyes NFC payments

May 14th, 2013

Bank of China (Hong Kong) is in the final stages of testing an NFC payment service that uses a mixture of secure digital memory cards, SIM cards and NFC add-on devices, the South China Morning Post reports. The service, due to launch in Hong Kong during the second half of this year, will be offered in partnership with Visa, MasterCard and China UnionPay.

CUP demos Intel NFC payments

April 17th, 2013

China UnionPay executive vice president Hongfeng Chai has demonstrated the payments network’s Quick Pass contactless payments service in use on an Intel-powered NFC smartphone at the Intel Developer Forum in Beijing. The two companies are now working together to develop mobile payments services that make use of both NFC and Intel’s Identity Protection Technology.

China Unicom picks Gemalto NFC

February 26th, 2013

China Unicom is to to use Gemalto’s UpTeq NFC SIM to secure the Unicom Merchants’ Bank mobile wallet it is rolling out in conjuction with China Merchants Bank (CMB). The NFC wallet enables consumers to make purchases at merchants who accept China UnionPay’s QuickPass contactless payments service. Gemalto’s UpTeq NFC SIM has now been chosen by mobile operators for 25 NFC projects around the world, the supplier says.

China UnionPay works with Gemalto on NFC

February 25th, 2013

Chinese bank card association China UnionPay is collaborating with Gemalto on NFC, the digital security company has announced. The collaboration “covers key deployment  issues, including TSM  interoperability, security and operational guidelines as well as technology… More

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