NFC World

Chinese banks and mobile operators to create single, open platform for NFC and mobile payments services

China UnionPay logo

Eighteen Chinese banks, card association China UnionPay, China Telecom, China Unicom and a range of handset manufacturers and industry suppliers have formed an alliance in a bid to create standards and a business model for the introduction of a single, open platform that can be used by businesses throughout China to offer NFC and mobile payments services. More