Xiaomi unveils $13 smart band

Chinese mobile device maker Xiaomi has launched the Mi Band, a CNY79 (US$13) wristband that features sensors for health and fitness tracking and can be used to unlock the wearer’s Xiaomi smartphone via BLE... More



What's New in Payments

Alipay tests virtual credit card

Chinese online payments giant Alipay is testing a mobile app based virtual credit card service called Xinren Bao that features customised credit limits based on a user’s shopping history and a 38-day interest-free period on all purchases, Marbridge Consulting reports... More

















NFC World

China Mobile and China UnionPay launch NFC payments service

BEIJING: People find out more about the new payments network. Pic: Xinhua/Li Xin

China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have announced that their NFC payments service is now live in more than fourteen Chinese cities, including Shanghai, Beijing and Guangzhou — and eight banks have signed up to make use of the partners’ platform... More


NFC World

FAEA launches Penguin NFC phones

FAEA Penguin F2

Chinese mobile phone maker FAEA has launched the F1 Penguin, a budget Android NFC phone costing 699 Yuan (US$113), and announced the F2 Penguin, an Android 4.2 NFC handset with a 5-inch full HD display and a 13 megapixel camera... More