Apple and China UnionPay today announced cooperation, will launch Pay Apple in China, which is a simple, safe and private payment to make mobile payments a new look. UnionPay card holders will be able to easily add their UnionPay card to Apple, Watch iPhone and iPad, so that daily consumption is more convenient and safe. China UnionPay is committed to promoting the payment of innovation, the parties to the joint industry to provide safe and convenient mobile payment experience for hundreds of millions of UnionPay cards, China UnionPay executive vice president Chai Hongfeng said, we are very pleased to bring a series of consumer based on the combination of Pay Apple, including a series of innovative payment options."
"Through Apple, Watch iPad, and Apple, Pay iPhone has revolutionized the way millions of users pay for their daily consumption." Apple Eddy, senior vice president of Internet software and services Cue said, for Apple, the importance of the Chinese market is self-evident. By hand in hand, China UnionPay and the 15 major banks in China's support, Chinese users will soon be able to enjoy convenient, safe and private payment experience."
UnionPay cloud Pay combined with Token to Apple, through the application of industry-leading (payment tag) security technology to protect the user's payment information. Security is the core of the Pay Apple, with a credit card or debit card, the actual number of cards are not stored on the device, nor stored on the Apple server. System will be assigned a unique Account Number (Device), the account number is encrypted, and in a safe way to store it in the device's security chip (Element Secure). Each transaction uses a one-time only dynamic security code to authorize.
Payment can be accomplished simply by touching the touch of a finger in a flash. In the store, use Pay Apple to shop and even don't need to open a app or wake up your screen. By breaking the NFC antenna design, as long as the iPhone is close to the POS terminal to support the flash pay Touch terminal, while the fingers on the ID. If you use Apple Watch only, even at two edges of the button, and then dial to the contactless card reader, can buy directly in the wrist. The use of Pay Apple in app has never been so simple, do not need to manually fill out a lengthy account form, and no need to repeatedly enter the delivery and billing information.
Pay Apple related products and technologies to strictly follow the Chinese national and financial industry mobile payment standards, and in accordance with the relevant Chinese regulatory authorities to complete the relevant testing and certification, after the official opening of the China UnionPay card holders of this service, is expected to be the fastest in the beginning of 2016.
In the store, Pay Apple can be used by 6S iPhone, 6S Plus iPhone, iPhone 6, iPhone 6 Plus, Watch Apple, 6S iPhone, 6S Plus, iPhone 6, iPhone 6, Air iPad 2, mini iPad 3, app iPad 4, mini iPhone, Pro iPad. For more information about Pay Apple, you can access: http://www.apple.com/cn/apple-pay/
China UnionPay construction and operation of cross-border transaction clearing system, to build a global UnionPay card acceptance network, and promote the issuance and use of UnionPay cards, providing innovative payment services, to provide quality, efficient and secure payment services for the bank. At present, the world cup card issuers more than 5 billion, UnionPay network throughout China, and has been extended to Asia, Europe, America, Oceania, Africa and other countries and regions, more than 150 global UnionPay card business more than 26 million households, more than 1 million 900 thousand units ATM. China UnionPay has been working with the world's major financial and Payment institutions to expand cooperation. For more information on China UnionPay, please refer to the website: www.unionpay.com.