Apple Pay coming to China in 2016

Premium mobile provider Apple has struck partnership with China UnionPay, the government-approved organization that is the only bank card issuer in the country- a move which will see Chinese customers having access to Apple Pay.

The service will be available early next year after it passes regulatory tests.

Apple did not reveal exactly when Apple Pay will be launched in China, but an earlier report by Dow Jones says February.‎

Read also: Samsung agrees to pay $548 million settlement to Apple

China is already Apple’s second-largest market after the U.S. (its revenue there jumped an impressive 99 percent to $12.51 billion in last reported quarter). Combined with China UnionPay’s 260 million customers, Apple Pay will launch with an impressively large network of potential users.

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now