Apple and China UnionPay announced a partnership to bring Apple Pay, a mobile payment solution provided by the US tech giant, to its Chinese customers next year.
苹果公司和中国银联宣布合作，将于明年在中国推出"苹果支付" — 美国科技巨头为其中国用户提供的移动支付解决方案。
According to the company's statement, users do not have to download an app or push display on their smart device in stores. With the innovative NFC antenna design, iPhone users can simply hold their phones near China UnionPay's QuickPass-enabled POS terminals with their fingers on Touch ID to pay.
"With Apple Watch, just double click the side button and hold the watch face up to the contactless reader to make a purchase right from your wrist," said the statement.
According to the company, Apple Pay will roll out to China UnionPay cardholders as soon as early 2016 after relevant tests and certification required by Chinese regulators, with the service itself in compliance with the applicable national mobile payment and financial industry standards in China.
China UnionPay cardholders will be able to add their bank cards to Apple Pay on iPhone, Apple Watch and iPad to enable the function.
"Apple Pay has revolutionized the way millions of people pay every day with their iPhone, Apple Watch and iPad," said Eddy Cue, Apple's senior vice-president of Internet Software and Services. "China is an extremely important market for Apple and with China UnionPay and with support from 15 of China's leading banks, users will soon have a convenient, private and secure payment experience."
"通过iPhone、Apple Watch以及iPad，苹果支付已经革新了数百万用户日常消费的支付方式。"Apple互联网软件与服务高级副总裁Eddy Cue说，"对于苹果而言，中国市场的重要性不言而喻。通过携手中国银联以及15家中国主要银行的支持，中国的用户即将可以享受便捷、私密和安全的支付体验。"
"China UnionPay is dedicated to promoting payment innovations and providing secure, convenient mobile payment experiences for its hundreds of millions of cardholders, aligning multiple parties in the industry," said Chai Hongfeng, executive vice president of China UnionPay. "We're very excited to offer Apple Pay among a diverse set of innovative payment options that work with China UnionPay QuickPass."
"China UnionPay's QuickPass and Apple Pay together will protect customer payment information through industry-leading payment tokenization technology," said the statement.
Apple also expressed that security is at the core of Apple Pay, so when users add credit or debit cards, the actual card numbers are not stored on the device, nor on Apple servers. Instead, unique Device Account Numbers are assigned, encrypted and securely stored in dedicated chips called the Secure Element on devices. Each transaction is also authorized with a one-time unique dynamic security code.
Currently, the total number of the UnionPay Card issued both at home and abroad has been over 5 billion. The UnionPay network has been extended to all the cities and rural areas in China.
In addition, UnionPay has enabled UnionPay Card acceptance across more than 150 countries and regions through extensive cooperation with financial and payment institutions around the world.
UnionPay cards can be used in more than 26 million merchants and 1.9 million ATMs.