default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Apple Pay to Launch in China in Early 2016

Apple Inc. and China's state-owned credit card processor have announced plans to launch the Apple Pay electronic payment system in China.
By
  • Associated Press

BEIJING, China — Apple Inc. and China's state-owned credit card processor have announced plans to launch the Apple Pay electronic payment system in China.

Apple and China UnionPay said Friday said they plan to roll out the system in early 2016, pending approval by Chinese regulators. They said they had agreements with 15 Chinese banks to support the service.

Apple Pay is a late arrival in a Chinese electronic payments market dominated by Alipay, an arm of the e-commerce giant Alibaba Group.

In This Article
Topics
Organisations

© 2021 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
Voices2021
© 2021 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions and Privacy policy.
Voices2021