Until now, the sales of Apple mobile phones in China have continued to grow. In the third quarter of this year, the sales of Apple mobile phones in the Chinese market (including Hong Kong, Macao and Taiwan) increased by 87% year on year, reaching $12.5 billion (about 79.85 billion yuan). With the expansion of the domestic market share of Apple mobile phones, the news that Apple Pay will enter China has also been frequently reported recently, At 9:00 this morning, December 18, China UnionPay officially announced its cooperation with Apple Pay and will launch Apple Pay in China. At that time, UnionPay card holders can easily add their UnionPay cards to iPhones, Apple Watch and iPads.

Apple's senior vice president of Internet software and services said, "For Apple, the importance of the Chinese market is self-evident 15 banks in China With the support of, Chinese users will soon be able to enjoy a convenient, secure and private payment experience. "

When Apple Pay adds a credit card/debit card, the actual card number is neither stored on the device nor on Apple's server. The system will assign a unique device account, encrypt the account, and store it in the security chip of the device in a secure manner. Each transaction is authorized with a one-time unique dynamic security code. In the store, you don't need to open an app/wake up your screen when shopping with Apple Pay, just place your iPhone near the POS terminal that supports UnionPay cloud flash payment, and put your finger on the Touch ID.

Apple Pay can be used by iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, and Apple Watch years later. Apple Pay related products and technologies will comply with relevant domestic regulations, complete relevant testing and certification, and then officially open this service to UnionPay cardholders in China, which is expected to be completed as soon as the beginning of 2016.

In addition, when paying with Apple Pay, consumers do not need to pay additional fees.