In September this year Apple launched base on payment services Apple Pay in the free trade Zone /FTZ/ Shanghai. As it became known to Dow Jones, the service will work in the country in February 2016.
Apple actively promotes the release of Apple Pay into the Chinese market, the extent of which is estimated at $1 trillion. Including reported about the intensive negotiations on cooperation with the Chinese Association of issuers of Bank cards of China UnionPay. Through these efforts, Apple has been able to register the specified base in Shanghai FTA in the form of Apple Technology Service (Shanghai) Ltd. in June.
The growth potential Apple mobile payment systems in China is huge and far exceeds the prospect of service in Europe. But as long as China prevails founded by Alibaba payment service Alipay. In the past, informants have said about Apple’s desire to enlist the support of Alibaba for more rapid deployment of service in the country.
In any case, while Apple has no permission from the regulator to launch Apple Pay in China. But, according to Tim cook, he “very much” wants to expand this platform in the country and hopes for its success.
Apple Pay was unveiled in September last year, and its official launch on the American market took place in the second half of October. The system allows iPhone, iPad and Apple Watch to make payments in stores and on the Internet in a contactless manner — using a communication technology short range NFC.
This year after the U.S. Apple Pay service became available to residents of the UK, Canada and Australia.
