News stories featuring China UnionPay:
February 21st, 2017
Bank of China has become the first bank in Hong Kong to offer Apple Pay with UnionPay credit cards. BOC UnionPay Dual Currency Credit cardholders can make payments at UnionPay QuickPass terminals in mainland China and Hong Kong. A HK$30 cash (US$4) gift for customers signing up for Apple Pay and promotions for using the service at Pacific Coffee and Sasa outlets are on offer until 20 April 2017.
February 8th, 2017
The volume of payments made by Chinese consumers during the 2017 Lunar New Year holiday using their smartphones and China UnionPay’s contactless payment service “increased nearly 21-fold, year on year,” news agency Xinhua reports. “Password-free payment under 300 yuan (US$44) surged a whopping 165-fold compared to the same period last year,” it adds.
September 1st, 2016
Chinese handset maker Xiaomi has launched its Mi Pay NFC-based mobile payments service in its domestic market.
September 1st, 2016
Handset maker Huawei has announced the launch of its Huawei Pay NFC-based mobile payment service in China, in collaboration with bankcard association China UnionPay and support from 25 of the country’s banks. The service makes use…
July 15th, 2016
Samsung Pay will begin rolling out across Brazil on July 19, Samsung has confirmed, making it the first market in South America to introduce the mobile payment service. It will be supported by both MasterCard and Visa as well as Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander.
July 13th, 2016
Samsung Pay has gone live in Puerto Rico with support from Banco Popular, the country’s largest bank. The service is supported by MasterCard and Visa and is available from mobile network operators AT&T, T-Mobile, Sprint and Claro.
June 28th, 2016
Bankcard association UnionPay International has launched its host card emulation (HCE) and tokenization based mobile payment service in South Korea, enabling its cardholders to pay by tapping their mobile phones. The launch of UnionPay HCE mobile QuickPass is supported by mobile network operator KT and its subsidiary BCcard.
June 10th, 2016
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks.
June 6th, 2016
Owners of Mobvoi’s Ticwatch will soon be able to make NFC payments at contactless terminals across China as the result of a partnership between the smartwatch maker, China UnionPay (CUP) and Oberthur Technologies (OT).
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.
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.
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…
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.
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.
March 7th, 2016
Chinese shoppers activated 3m bank cards with Apple Pay within two days of the mobile payment service’s launch, according to China Merchants Bank. “China Merchants Bank says its customers connected 1m bank cards with Apple Pay in the first two days of the launch, representing 35% of cards connected,” Internet Retailer reports. “China UnionPay reported that Apple Pay users spent 101 yuan (US$15.5) on average on the first day of the service and about 47% of purchases were above 10 yuan ($1.5).”
February 29th, 2016
A “small handful” of major French banks are now poised to sign deals to bring Apple Pay to France “by the end of the year”, Les Echos reports, following months of negotiations over the share of transaction fees Apple should receive from card issuers. The recent deal between Apple and China UnionPay “is auspicious because it shows that Apple may make concessions,” one observer told the French newspaper.
February 26th, 2016
Payment networks China UnionPay and Visa have signed a memorandum of understanding (MOU) in Shanghai to collaborate on “providing cardholders with more convenient, secure and highly efficient payment services” with a focus on security, innovation and financial inclusion. “The MOU provides an important platform for CUP and Visa to work together to strengthen and create new value for the bank card ecosystem benefiting consumers, merchants, financial institutions and technology partners,” Visa says.
February 21st, 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year.
February 18th, 2016
Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps.
January 27th, 2016
More than a third (34%) of browser-based online transactions globally are now made on a mobile device, compared to just over 30% last quarter, research from Adyen reveals. “The increase is driven particularly by major Asian-based payment methods including JCB, UnionPay and Alipay,” the firm says. “The UK continues to lead the way in mobile payment adoption, with 49% of online transactions on mobile devices.”
Feed for stories featuring China UnionPay.
• Find a list of all the companies and other organisations that have been featured in NFC World in our directory.