05 March 2016

3 million cards in apple pay recorded in the first two days in China

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There are many iPhone users who today still can not enjoy the new payment method that is spreading gradually in many countries, but not just arrived in their country. We're talking about Apple Pay. If finally the rumors are true, this year the electronic payment service of the boys in Cupertino will expand to a total of seven countries . Apart from China, in the list of candidates we found to Spain, Hong Kong, Singapore, Brazil, Japan and France, reaching a total of 11 countries.

In late February and although it had been leaked by a Chinese bank, Apple Pay landed in the country. The first days servers were destined for Apple Pay collapsed due to the large number of users who were registering their cards to use Apple Pay on purchases of everyday life .

In the first two days, Apple Pay came to register more than 3 million cards , according to China Merchants Bank, one of 19 banks that are offering support this technology. Users who are already enjoying apple pay, can make purchases in all stores which have UnionPay terminals, which is the vast majority.

Apple had to reach an agreement with UnionPay to expand quickly without having to invest time and money negotiating with banks to support directly offered payment technology NFC Cupertino. He also had to lower the transaction fee to half of what it currently charges in the United States.

For now we will have to wait for American Express, who has been associated with Apple to expand this technology in Spain, decides to take the first step and allow users topay with our iPhone or Apple Watch.

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