Apple Pay Set to Launch in China on February 18
Apple is about to launch it’s move into China, with its Apple Pay mobile payments platform set to go live on Thursday, February 18. Apple’s new digital payments application will be available to customers of the Industrial and Commercial Bank of China. This announcement comes after previous news that Apple planned to expand Apple Pay into China sometime during 2016 without giving a specific date. With this expansion set to be executed on February 18, China will become Apple Pay’s fifth country included in its service area.
Related News
Apple Pay’s plans to enter China are at an advanced stage. The digital mobile money service could hit points-of-sale in the country as early as February 2016, according to The Wall Street Journal, but will this have an impact on Bitcoin in China? China will be the fifth country, after the US, UK, Canada and Australia, where Apple Pay will launch. In....
American multinational technology company, Apple, is set to launch its mobile payment network, Apple Pay, in China on February 18, 2016. Competition with Alipay. China, with nearly 1.3 billion mobile users, is the second biggest market for Apple Pay to target to date. The California-based company has already obtained support from the country’s largest financial lender, the Industrial and Commercial Bank of China, for its official launch. Apple believes that the mobile industry in China is growing at a rapid pace due to the explosive increase in the number of mobile broadband (3G and 4G)....
In a series of announcements at its developers conference, Apple has revealed a number of expansions for the Apple Pay Digital Payment service. The biggest news is that Apple will expand the service and launch a UK market in the following month, making it the first expansion outside of the US. Apple Pay will partner with eight of the largest banks in the UK to support more than 70% of all credit and debit cards within the country. Apple Pay will also be usable in more than 250,000 locations in the UK which include more retail stores than were available at launch in the US. Additionally,....
Last year, Apple hinted that it has been following the development of the cryptocurrency industry intently, leading some to speculate that the global electronics and payment giant was preparing to launch its own cryptocurrency or blockchain platform. Though this prospect was quickly dismissed by Apple CEO Tim Cook, Apple has been shown to be researching […]
China's App Store has banned Wiper, the mobile messaging service that allows users to delete messages, after it added the ability to send bitcoin. Wiper announced its bitcoin functionality slightly more than a month ago. "We were removed from the iOS online app store in China due to violating that app store's policies." Manlio Carelli, Wiper's CEO, told CCN. "A rep from Apple explained to us by phone that this violation was related to Wiper enabling bitcoin payments." Wiper contacted Apple after receiving a removal notice through its iTunes Connect developer account. "We received a very....