Apple Pay officially launched in China

BY Rajesh Pandey

Published 18 Feb 2016

Square and Apple Pay

Apple today updated its website to confirm that Apple Pay is now available to its customers in China, as a leak from earlier this week had predicted. The company has brought its NFC based payment service to the country in association with UnionPay.

Apple had first officially announced its plans on bringing Apple Pay to China by partnering with UnionPay late last year.

iPhone 6, iPhone 6 Plus, iPhone 6s and iPhone 6s Plus owners can now add their UnionPay debit or credit card to Apple Pay and use it to pay at any of the retail stores in China that support NFC payment service. Apple Pay is already supported at more than 2 million retail stores.

Speaking to Reuters, vice president of Apple Pay, Jennifer Bailey, said that “China could be our largest Apple Pay market.” China has already grown to become the second most important market for Apple after United States for its products. To prevent sales of iPhones from declining, Apple has been rapidly expanding its retail presence in China and has opened numerous stores in the country over the last couple of years.

Since its launch in the United States in October 2014, Apple has expanded Apple Pay to the United Kingdom, Australia, Canada and now China. The company plans to extend the payment service to Hong Kong, Singapore and Spain later this year.

[Via Reuters]