Bank leaks launch date of Ap­ple Pay

The Pak Banker - - COMPANIES/BOSS -

A Chi­nese bank's of­fi­cial so­cial me­dia ac­count said Ap­ple Pay, a mo­bile pay­ment ser­vice of Ap­ple Inc, will be avail­able in the coun­try by Thurs­day, on Tues­day.

Ap­ple said in De­cem­ber it will launch the wire­less pay­ment busi­ness in China, its big­gest over­seas mar­ket, part­ner­ing with China UnionPay, the No 1 bankcard as­so­ci­a­tion in the coun­try. The launch date was leaked by a WeChat ac­count of China Guangfa Bank. Many banks use WeChat, an in­stant mes­sag­ing app, to pro­mote their busi­nesses in China.

"Ap­ple and China UnionPay jointly con­firmed that Ap­ple Pay will be for­mally launched on Fe­bru­ary 18 at 5:00 am,"said the ac­count. The CGB deleted the mes­sage on WeChat on Tues­day morn­ing, in­di­cat­ing that the launch time may not be ac­cu­rate. China UnionPay told China Daily it will an­nounce the launch time with Ap­ple later. Ap­ple is yet to re­ply to emails seek­ing com­ment. Ap­ple Pay al­lows iPhone users to make pay­ments in brick-and-mor­tar stores via smart­phones.

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