China Mobile and China UnionPay have announced the deployment of an NFC mobile payment platform in over fourteen Chinese cities, according to NFC World.
China Mobile users must get an NFC SIM card and download the mobile wallet app to make purchases using their mobile phone at participating retailers with UnionPay QuickPass POS terminals.
Thus far eight banks have joined the platform, including Bank of China, Shanghai Pudong Development Bank, and China CITIC Bank.
“Mobile payments as a new payment method is increasingly changing the way people pay and their consumption habits,” said Su Ning, Chairman of China UnionPay, as quoted in NFC World. “China UnionPay will continue to deepen cooperation with commercial banks, mobile operators, handset manufacturers and other parties with a view to lead the development and build a harmonious win-win situation in the mobile payment industry.” Reported by Mobile Marketing 4 hours ago.
China Mobile users must get an NFC SIM card and download the mobile wallet app to make purchases using their mobile phone at participating retailers with UnionPay QuickPass POS terminals.
Thus far eight banks have joined the platform, including Bank of China, Shanghai Pudong Development Bank, and China CITIC Bank.
“Mobile payments as a new payment method is increasingly changing the way people pay and their consumption habits,” said Su Ning, Chairman of China UnionPay, as quoted in NFC World. “China UnionPay will continue to deepen cooperation with commercial banks, mobile operators, handset manufacturers and other parties with a view to lead the development and build a harmonious win-win situation in the mobile payment industry.” Reported by Mobile Marketing 4 hours ago.