Mi-Pay

NXP, Mastercard, and Xiaomi Expand Global Reach for Mobile Payments into Europe

Retrieved on: 
Thursday, June 18, 2020

The Xiaomi Mi Band 4 offers the industrys best price-to-performance ratio for fully-active, NFC- and SE-based and EMVCo-certified payment devices.

Key Points: 
  • The Xiaomi Mi Band 4 offers the industrys best price-to-performance ratio for fully-active, NFC- and SE-based and EMVCo-certified payment devices.
  • Xiaomi and NXP have cooperated in the promotion of innovative mobile payments in China since 2012, said Quanxin Wang, Xiaomi GM of International Product and Technology.
  • Extending our collaboration into Europe reflects the increasing focus on mobile lifestyles by people around the globe.
  • With NXPs mWallet 2GO mobile payment solution in Xiaomi fitness bands, users can simply add their bank cards to the Mi Fit app on Android and iOS mobile devices.

Apple Pay Profile 2019 - Now Accepted in Nearly Two out of Three Stores in the USA - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 17, 2019

Overall, Apple Pay is now accepted in nearly two out of three stores in the USA, according to figures cited by the researcher.

Key Points: 
  • Overall, Apple Pay is now accepted in nearly two out of three stores in the USA, according to figures cited by the researcher.
  • Countries/Territories Supported by Apple Pay, February 2019
    Number of Contactless Payment Users of Apple Pay, Samsung Pay, Google Pay and Other OEM Pay, in millions, 2018e & 2020f
    Mobile Payment Apps Used for Making Payments In-Store, incl.
  • Apple Pay, in %, April 2018
    Current and Future Use of Apple Pay, Google Pay and Samsung Pay, Compared to Debit/Credit Cards, incl.
  • Apple Pay, in % of Internet Users in Large Cities, 2017 & 2018
    Share of Apple Pay, Samsung Pay and Android Pay Users, by Age Group and Total, incl.

CITCON Expands the Service Scope of UnionPay QR Code Payment in North America

Retrieved on: 
Monday, January 14, 2019

SANTA CLARA, Calif., Jan. 14, 2019 /PRNewswire/ -- CITCON , the integrated mobile payment and commerce leader, today announced the partnership with UnionPay International, and the introduction of UnionPay QR Code payment to more merchants in North America.

Key Points: 
  • SANTA CLARA, Calif., Jan. 14, 2019 /PRNewswire/ -- CITCON , the integrated mobile payment and commerce leader, today announced the partnership with UnionPay International, and the introduction of UnionPay QR Code payment to more merchants in North America.
  • The "UnionPay" mobile application is the unified mobile payment portal of China's banking industry launched by UnionPay together with commercial banks and payment service providers in China.
  • Since launching by end of 2017, it gained over 100 million consumers, being the fastest growing QR payment product in China.
  • "To meet Chinese consumers' demands for safe and smooth mobile payment service in the US and Canada, we at UnionPay continue to expand the scope of acceptance of ourQR code payment in North America.We are very happy to partner with CITCON to jointly enable more businesses here to accept the UnionPay app.

UnionPay rolls out mobile payment services in South Asia

Retrieved on: 
Sunday, November 18, 2018

After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.

Key Points: 
  • After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.
  • In line with global changes in consumers' payment habits, UnionPay has developed a portfolio of mobile payment products including the "UnionPay" mobile application, QR code payment service, NFC mobile payment, and In-app payment.
  • UPI is accelerating the roll out of these mobile payment services outside mainland China, expanding the acceptance of these services to 42 countries and regionsdriving up the volume of cross-border transactions made through the "UnionPay" app grew by 150%.
  • The partnership between UPI and Cargills Group will realize the acceptance of UnionPay QR code payment at local retailers and daily consumption merchants, and will provide mobile payment offers for local customers to further enhance their payment experience.

UnionPay rolls out mobile payment services in South Asia

Retrieved on: 
Sunday, November 18, 2018

After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.

Key Points: 
  • After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.
  • In line with global changes in consumers' payment habits, UnionPay has developed a portfolio of mobile payment products including the "UnionPay" mobile application, QR code payment service, NFC mobile payment, and In-app payment.
  • UPI is accelerating the roll out of these mobile payment services outside mainland China, expanding the acceptance of these services to 42 countries and regionsdriving up the volume of cross-border transactions made through the "UnionPay" app grew by 150%.
  • The partnership between UPI and Cargills Group will realize the acceptance of UnionPay QR code payment at local retailers and daily consumption merchants, and will provide mobile payment offers for local customers to further enhance their payment experience.

About 4,000 Educational Institutions Outside Mainland China Accept UnionPay Cards for Tuition Payment

Retrieved on: 
Thursday, July 5, 2018

UnionPay International has continued to upgrade its education payment service system, providing students with multiple payment services including online and offline tuition payment, daily cash withdrawal and payment service, and local card application.

Key Points: 
  • UnionPay International has continued to upgrade its education payment service system, providing students with multiple payment services including online and offline tuition payment, daily cash withdrawal and payment service, and local card application.
  • At present, about 4,000 educational institutions outside mainland China accept UnionPay cards for tuition fees payment.
  • Cai Jianbo, CEO of UnionPay International, said that with the continuous improvement of UnionPay's online and offline acceptance outside mainland China, the UnionPay payment service system for overseas study has acquired new features.
  • Students and parents can also pay tuition fees at the POS terminals on the campus of educational institutions outside mainland China.

About 4,000 Educational Institutions Outside Mainland China Accept UnionPay Cards for Tuition Payment

Retrieved on: 
Thursday, July 5, 2018

UnionPay International has continued to upgrade its education payment service system, providing students with multiple payment services including online and offline tuition payment, daily cash withdrawal and payment service, and local card application.

Key Points: 
  • UnionPay International has continued to upgrade its education payment service system, providing students with multiple payment services including online and offline tuition payment, daily cash withdrawal and payment service, and local card application.
  • At present, about 4,000 educational institutions outside mainland China accept UnionPay cards for tuition fees payment.
  • Cai Jianbo, CEO of UnionPay International, said that with the continuous improvement of UnionPay's online and offline acceptance outside mainland China, the UnionPay payment service system for overseas study has acquired new features.
  • Students and parents can also pay tuition fees at the POS terminals on the campus of educational institutions outside mainland China.

COO of NXT-ID (NASDAQ: NXTD) and President of Fit Pay, Inc. Talks About Recent Developments With Payment Platform; Garmin, Chase, Westpac and Cryptocurrency

Retrieved on: 
Thursday, June 21, 2018

Speaking of Garmin's growing issuer footprint, Orlando expressed the significance of the quality of institutions that are adopting the technology.

Key Points: 
  • Speaking of Garmin's growing issuer footprint, Orlando expressed the significance of the quality of institutions that are adopting the technology.
  • This follows news that Chase Visa credit and debit cards can be used Garmin Pay, enabling customers to make contactless payments in stores featuring NFC-enabled terminals.
  • Orlando said that the company has a number of announcements to follow in late third quarter and early fourth quarter, including developments on Fit Pay, Inc.'s Flip, the contactless payment device for cryptocurrency.
  • "We announced late last year and our wrapping-up the first iteration of development on our Flip product," he said.

UnionPay International launches its biggest-scale summer marketing campaign

Retrieved on: 
Thursday, June 21, 2018

UnionPay cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International's summer marketing campaign, namely the Global Travel Season.

Key Points: 
  • UnionPay cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International's summer marketing campaign, namely the Global Travel Season.
  • Users of the "UnionPay" app can enjoy UnionPay mobile payment services in 26 countries and regions outside mainland China.
  • With the "UnionPay" app, tourists can also enjoy the unique offers for UnionPay mobile payments, download u-plan e-coupons, and check about UnionPay's card-using benefits and services worldwide.
  • The number of "UnionPay" app users has exceeded 70 million, and accepting UnionPay mobile payment service has become a way for merchants outside mainland China to welcome Chinese tourists.

UnionPay International launches its biggest-scale summer marketing campaign

Retrieved on: 
Thursday, June 21, 2018

UnionPay cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International's summer marketing campaign, namely the Global Travel Season.

Key Points: 
  • UnionPay cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International's summer marketing campaign, namely the Global Travel Season.
  • Users of the "UnionPay" app can enjoy UnionPay mobile payment services in 26 countries and regions outside mainland China.
  • With the "UnionPay" app, tourists can also enjoy the unique offers for UnionPay mobile payments, download u-plan e-coupons, and check about UnionPay's card-using benefits and services worldwide.
  • The number of "UnionPay" app users has exceeded 70 million, and accepting UnionPay mobile payment service has become a way for merchants outside mainland China to welcome Chinese tourists.