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    China Daily

    News about China Daily.

    Xiaomi to launch Mi Pay on 1 September

    August 31st, 2016

    Chinese handset maker Xiaomi will launch its Mi Pay NFC-based mobile payment service on 1 September, in collaboration with bankcard association China UnionPay. “It can be linked to credit cards and debit cards from 10 banks,” China Daily reports. “With Mi Pay, consumers can also use smartphones as transportation cards.” Xiaomi unveiled Mi Pay earlier this month, after reports emerged in April that the company was working with China UnionPay.

    Alibaba developing VR mobile payments

    August 11th, 2016

    Chinese internet giant Alibaba is developing virtual reality-enabled mobile payment technology, according to China Daily. The company is working on a project that would “allow users to pay bills in a 3D virtual world by nodding their heads or making other gestures to log in payment accounts,” the publication reports. No official release date has been given, though an Alibaba employee has been quoted saying September is a possibility.

    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.

    Alipay extends fingerprint IDs

    December 16th, 2014

    Alipay has extended its fingerprint log-in capability for the Alipay Wallet to iPhone users, China Daily reports. The function is also available to users of Huawei’s Ascend Mate 7 handset and was first demonstrated at a conference in Beijing in October.

    M-payments up 400% in China

    October 14th, 2011

    Mobile payments are set for rapid growth in China, according to new research. The country will have 230 million mobile payment users by the end of this year, spending 11.37bn yuan (US$1.8bn) — 400 percent up on 2010 — reports China Daily. This is expected to rise to 320m users and 35.78bn yuan in 2012.

    HTC NFC phone to go on sale in China

    August 10th, 2011

    The HTC Stunning, the company’s first NFC phone, will be launched in China in September via a deal with payments network China UnionPay. More