Tuesday, February 17, 2015

Apple Pay’s arrival in China hits snags


Apple is facing an uphill battle in trying to launch Apple Pay in China, according to a Caixin report (via MarketWatch). Although the Cupertino company's mobile payment system has had a strong start in the US, crucial talks with UnionPay are said to have stalled. "Apple is seeking to cooperate with Chinese financial institutions," a People's Bank of...


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