Apple has announced that it is partnering with China UnionPay, which operates China’s national inter-bank clearing and settlement system, to bring its mobile payments service Apple Pay to the Asian country.
« 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, » said Eddy Cue, Apple’s senior vice president of Internet Software and Services.
The Cupertino-based company also revealed that the service will start rolling out in China « as soon as early 2016, » following the required tests and certification by Chinese regulators. A specific date, however, wasn’t revealed.
It’s worth mentioning that a Wall Street Journal report had earlier said that Apple Pay will arrive in China in time for the country’s Spring Festival holiday on February 8.