Nine news stories.
• Should China Everbright Bank be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should China Everbright Bank be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Ant Financial to support Shanghai Pudong Development Bank’s digital transformation with financial grade technologies — Ant Financial — “The partnership will allow Ant Financial and SPD Bank to strengthen collaboration on a broad range of inclusive finance initiatives, from improving user experience while using online and offline payment services, to providing secure, convenient and efficient financial services for small and micro businesses… The agreement is the third of its kind announced this month between Ant Financial and established banks, following partnerships with Huaxia Bank and China Everbright Bank.”
Chinese smartphone maker Xiaomi has unveiled Mi Pay, an NFC-based mobile payment service expected to be made available on the Xiaomi Mi 5 handset with support from a number of the country’s banks. More
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. More
Apple has added another 48 banks and credit unions to its list of Apple Pay supporting financial institutions in the US and a further three banks in China, “notably including Ally Bank, one of the last major national US banks that had not supported the mobile wallet technology,” Macnn reports... More
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. More
Mobile network operator China Telecom is to launch an NFC mobile wallet in China later this year, in cooperation with more than a dozen financial institutions... More
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
The bank card association is conducting NFC pilots in Shanghai, Ningbo and Changsha and has extended its mobile payments services to a total of six provinces and regions. More
The mobile operator has signed up five Chinese banks and five transport operators for the commercial launch of its NFC service, scheduled to take place during the second quarter of 2010. More