Apple will launch its own branded payment service Apple Pay in China. The corresponding agreement was signed with China’s national payment system China UnionPay and 19 Chinese banks. According to informed sources, Apple Pay will operate on mainland China.

Updated….
! Some sources leaked that in 18-th February Apple Pay will available in China.

We know that in out country, the market has already developed electronic forms of payment for goods and services is good enough. This segment is dominated by the service Alipay, which belongs to Alibaba and Tencent companies. Last integrate technology into the popular WeChat app for smartphones and other devices.

Apple Pay will start to work for the clients of the Industrial and Commercial Bank of China. Other banks are also planning to join the system of mobile payments.