Unionpay

China’s UnionPay Expands QuickPass Mobile Payments System to Canada [u]

China UnionPay’s subsidiary UnionPay International has announced today that it is expanding its HCE-based mobile payments system QuickPass to Canada. As noted by TechCrunch, UnionPay is actually the third-largest payment network globally, right behind Visa and Mastercard, and it is accepted broadly beyond China, where it originated. By stepping into Canada, UnionPay is expanding its...

Apple Pay Launch in China Delayed Over Lack of UnionPay Support

Chinese iPhone 6 and iPhone 6 Plus owners eager to use their device as their wallet will have to wait because negotiations between Apple and local banks have hit a roadblock and no "timetable for cooperation has been set", reports Caixin Online (via MarketWatch). You may recall that earlier last year reports surfaced about Apple's...

Apple Struggles with Apple Pay Launch in China

Sources close to the matter are claiming that Apple is struggling with its relationship with UnionPay, China’s state-owned credit and debit card system operator, and that talks aimed at an agreement that would open China to Apple Pay have stalled. According to MarketWatch, a central bank official has revealed that Chinese regulators have not yet intervened in...

Apple Launches UnionPay Payment Option for App Store Users in China

Apple has just announced App Store customers in China can now use UnionPay as a payment option, enabling the latter’s credit card or debit card for easy one-tap purchases with Touch ID. “The ability to buy apps and make purchases using UnionPay cards has been one of the most requested features from our customers in...

Apple Pay Launch in China Again Said to Partner with UnionPay

Apple introduced the new iPhones and its mobile payment platform Apple Pay this week, announcing its availability in October. The platform, however, will be limited to the US, at least this year, as the company needs partners in other countries in order to launch it. While we know that Apple is in talks with Visa...