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Passengers using Qingdao Metro’s line 4 can now use their NFC mobile phone to pay directly for their fares with China’s digital yuan central bank digital currency (CBDC), even if their mobile phone has no signal or has run out of battery... More
China’s central bank likely to pilot digital currency in cities of Shenzhen and Suzhou — Coindesk — “The People’s Bank of China is said to be preparing to launch pilots for its digital currency in at least two major cities. The tests are likely to include the participation of state-owned partners. These comprise the ‘Big Four’ commercial banks — the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and the Agricultural Bank of China — and three telcos: China Telecom, China Mobile and China Unicom.”
A case study that details the lessons learned by mobile network operator China Unicom when implementing mobile couponing and loyalty solutions in the Chinese market is now available to download from the NFC World+ Knowledge Centre... More
Chinese phone maker Xiaomi has announced the Mi3, a 5-inch NFC smartphone that is the first to use Nvidia’s 1.8GHz Tegra 4 quad core processor... More
China Unicom is to to use Gemalto’s UpTeq NFC SIM to secure the Unicom Merchants’ Bank mobile wallet it is rolling out in conjuction with China Merchants Bank (CMB)... More
China Mobile, the country’s largest mobile operator, has reached agreements with subway and bus companies in 30 cities to allow users to make payments through mobile phones next year, reports Caixin Online... More
The bank and mobile network operator plan to follow the introduction of the Unicom Merchants Bank mobile wallet service in Shanghai with a national rollout that could ultimately make the service available to all 43 million of the bank’s credit card customers. More
The world’s largest mobile network operator is to collaborate with national payments network China UnionPay, in a deal set to lead to the introduction of NFC services in up to one hundred Chinese cities. More
The mobile network operators have signed up to support and implement SIM-based NFC in a move the GSMA says will “promote the global interoperability of services and accelerate time-to-market”. More
More than US$8bn in transactions could be conducted in China using NFC phones by 2014, according to Mobile Payments in China, a new report by ABI Research... More
The GSMA has issued a statement outlining a commitment by leading global mobile network operators — many of whom have not previously been involved in NFC — to launch commercial services in 2012. “The operator community is focused on driving the standardised deployment of mobile NFC, using the SIM as the secure element to provide authentication, security and portability,” says the announcement. More
Customers can now use their mobile phones to make payments on public transport services and at more than 2,000 other businesses by swapping their standard SIM for an NFC SIM+antenna device supplied by Watchdata. More
China’s second largest mobile network operator is preparing to launch commercial NFC services in four cities from next month, according to reports in the Chinese media. Commuters in Beijing will be able to make payments using either an NFC phone or an add-on to their existing phone. More
China Unicom has signed a strategic partnership agreement with Agricultural Bank of China (ABC)... More
A strategic cooperation agreement signed by the mobile network operator and the Chongqing Municipal Government aims to turn the region into a $7bn a year world leader in NFC manufacturing by 2015. More
Despite pressure from regulators to drop its RF SIM technology, China’s largest mobile network operator says it will continue to push ahead with its RF SIM deployment while, at the same time, also exploring options for delivering solutions compatible with the NFC technology being adopted by Chinese banks. More
The Chinese bank and mobile network operator are to launch a commercial NFC service that lets consumers make payments with NFC phones supporting the Single Wire Protocol — using a prepaid account that can be topped up over-the-air from the customer’s bank account. More
The Beijing branch of mobile network operator China Unicom has launched an NFC service in conjunction with Beijing Municipal Administration and Communications Card Co (BMAC)... More
China’s largest mobile network operator is coming under pressure from MIIT, the national technology regulator, to join the Chinese banks and its two rival operators China Unicom and China Telecom in adopting a single, national mobile payments standard based on NFC standard technology. More
OPINION: News from Turkey, France and China this week indicates that the NFC market is now beginning to gather pace around the world, as both mobile network operators and banks in more and more countries commit to working together to make near field communication based services a reality. More
