Apple Pay on its way to China next year
Early next year, Apple is bringing Apple Pay to China, which means the mobile payment service is poised to take off in a big, big way.
Apple is partnering with payment network China UnionPay and 15 Chinese banks so customers there can add their cards to Apple Pay. The rollout is subject to approval by Chinese regulators, so there’s no firm launch date, but Apple will be testing the service over the next few months.
“Apple Pay has revolutionized the way millions of people pay every day with their iPhone, Apple Watch and iPad,” Eddy Cue, Apple’s senior vice president software and services, said in a statement on Thursday. “China is an extremely important market for Apple and with China UnionPay and support from 15 of China’s leading banks, users will soon have a convenient, private and secure payment experience."