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    News in brief

    China UnionPay to take NFC to Hong Kong

    News in brief

    China UnionPay has invested an undisclosed sum in Jetco, the largest ATM network operator in Hong Kong and Macau. The companies plan to co-develop mobile payment technologies, aiming to introduce a service supporting UnionPay’s NFC QuickPass this year. “The bank card association said it would also work with Jetco to develop apps for smartphones and improve existing online payment services,” Caixin reports. Jetco first began working on NFC services in Hong Kong in 2013.

    Filed by Email Rian Boden Published • Last updated 19 June 2015, 12:30

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