Saturday, May 20, 2017

Apple Pay Samsung Pay Coming to China

Apple Pay Samsung Pay Coming to China


Finally Apple and Samsung pay are coming to the China. After awaiting for several months finally it is coming. Apple and Samsung have signed on to bring their respective mobile payment programs to customers of Chinas UnionPay bank.


We all have heard about the Samsung Pay and how fast is it in comparison to Apple pay according to me but still it totally depends upon the user that what they like. The tap-to-pay functionality of Samsung Pay made a splash in its home country of South Korea, about a month before launching in the U.S. Compatible with thousands of payment systems worldwide, the app uses a combination of NFC and magnetic strip transmission. If we talk about the security then its better than the Blackberrys security.

Just swipe up from the lock screen to reveal your card, verify yourself using the fingerprint scanner, then tap the phone to the card reader.

"The collaboration with China UnionPay, coupled with the support from major UnionPay partner banks in China, will bring this secure and easy-to-use mobile payment solution to more Samsung mobile users," said Samsung Executive Vice President Injong Rhee.

Apple Pay, meanwhile, will roll out to China UnionPay cardholders in early 2016�as soon as testing and certification is complete. In stores, Apple Pay works with iPhone 6s, 6s Plus, 6, 6 Plus, and Apple Watch. iPad Air 2, mini 3, mini 4, and Pro owners can also use it to pay within apps.

We all know that how much population China has got and it has become the center for the tehnology freaks in recent years. "China is an extremely important market for Apple and with China UnionPay and support from 15 of Chinas leading banks, users will soon have a convenient, private and secure payment experience," Eddy Cue, senior vice president of Apples Internet Software and Services, said in a statement.

Apple Pay launched in October 2014, and includes partners like McDonalds, Whole Foods, Panera, Sephora, Disney theme parks, Starbucks, KFC, Chilis, Best Buy, Rite Aid, and, of course, Apple Stores..

Stay tuned for more updates.....
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