Apple Pay Seemingly Nearing Launch in China With UnionPay
A pair of new videos appear to show Apple Pay working with UnionPay bank cards in China for both in-store and in-app purchases.
In the first video, a customer appears able to select a UnionPay card in Apple Pay and hold his iPhone near a QuickPass-enabled Verifone payment terminal to complete a purchase at McDonald's. The terminal says "transaction completed" and the self-checkout kiosk proceeds to print a paper receipt.
The second video appears to show an iPhone user selecting a UnionPay card in Apple Pay and making an in-app purchase within Chinese travel app Ctrip. The transaction looks to be secured with Touch ID and approved. The veracity of either of the two videos cannot be confirmed, but the timing makes sense.
Last month, Apple announced that
Apple Pay will expand to China in early 2016 in partnership with UnionPay, a state-run interbank network that holds a monopoly on the country's credit and debit card processing. UnionPay cardholders will be able to use Apple Pay on iPhone, Apple Watch and iPad -- the latter for in-app purchases only.
"Apple Pay has revolutionized the way millions of people pay every day with their iPhone, Apple Watch and iPad," said Eddy Cue, Apple's senior vice president of Internet Software and Services. "China is an extremely important market for Apple and with China UnionPay and support from 15 of China's leading banks, users will soon have a convenient, private and secure payment experience."
China will be the fifth country to adopt Apple Pay since its U.S. launch in October 2014. The mobile payments service expanded to the United Kingdom in July 2015, followed by Australia and Canada last November in partnership with American Express. Hong Kong, Singapore and Spain will gain support later this year.
Apple Pay may officially launch in China by February 8, the first day of the Spring Festival.
(Thanks, Jarod!)
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