Apple brings Apple Pay to China

Apple brings Apple Pay to China

Just after few days when the news came regarding the Apple Pay coming to China, today Apple has finally launched the service in China. Today, Apple officially announced that its mobile payments solution “Apple Pay” is now launched in China and will be available from this week.

“You can now support Apple Pay for your customers in China, providing an easy, secure, and private way for them to pay using their China UnionPay credit and debit cards. Apple Pay lets users buy physical goods and services within your app without having to enter payment or contact information, the company said.

This marks China as the fifth country where Apple Pay is available. Currently, the service is available in United Ststes, United Kingdom, Australia and Canada. In China, Apple Pay will be competing with Alipay, a mobile payments service by Chinese e-commerce giant Alibaba.

Other countries in Asia, including Singapore and Hong Kong, will also get Apple Pay support in 2016, but only with American Express cards.

“China UnionPay and our Apple Pay solution has a huge advantage, given the footprint of China UnionPay,” Jennifer Bailey, vice president of Apple Pay said. “Its merchant acceptance network far exceeds what any of the other mobile platforms have today.”

Apple has tied up with 15 major banks to launch its service in China. Industrial and Commercial Bank of China Ltd (ICBC) had announced earlier this week that customers would be able to use Apple Pay from Thursday. Currently, Apple Pay supports 4 solutions providers in China, including CUPLianlian PayPayEase and YeePay.