
19 September 2017
Huawei first launched its mobile payment service in its home country and now the company is rolling out this service globally starting with Russia. Back in March 2016, Huawei announced UnionPay as one of its partners for its payment service in China and now this partnership has gone one step further so as to make available Huawei Pay in other countries as well.
Under its new deal, Huawei is successfully entering the markets for its mobile payment service. The first overseas market will be Russia. Huawei announces the cooperation agreement signed with UnionPay via a blog post announcement. Alex Zhang, President of Huawei Consumer Cloud Service, and Larry Wang, Vice President of UnionPay International, attended the signing ceremony.
More than 10 Russian banks have issued about 1.3 million UnionPay bank cards. According to Huawei, currently, UnionPay bank cards are accepted at 85% of POS terminals and ATMs in Russia, with over 400,000 POS terminals accepting UnionPay mobile contactless payment.
Huawei Pay already supports 20 devices including the smartphones and smartwatches, and the number will surely go in the future.
This global rollout of the service will allow not only Huawei devices but also the handsets from Honor to make quick and easy mobile payments by adding their UnionPay bank cards to a phone that has enabled Huawei Pay.
Huawei has also announced that together with UnionPay, it plans to open the service in Eastern Europe next.
comments
Huawei Pay is an example of the expanding nature of mobile payments. I have used a few that are available in the market. But not Huawei Pay yet.
Ok. Are you aware of which payments solutions are available in Asia? I am thinking of debuting with one soon.
Hey, hey, hang on. Huawei Pay! Come on now, this is news to me. I never heard of Huawei Pay before this. When did they launch it by the way?