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Apple Pay ready for China mobile payments launch

Apple Pay ready for China mobile payments launch

Apple CEO Tim Cook has strengthened speculation about the next destination for its mobile payment service Apple Pay with comments to Xinhua on a visit to China.

“We very much want to get Apple Pay in China,” said Cook.

Apple Pay Logo against a contactless acceptance mark

Apple Pay to launch in China

Apple has been talking to local banks and e-commerce giant Alibaba about launching Apple Pay in the country – reports Mobile World Live.

Cook described the launch of Apple Pay in the US last October – the only market where it is currently available –as “a huge start” and believes that it could grow even faster in China.

“I’m very bullish on Apple Pay in China,” he said.

However, he gave no indication of when it might come to China. Nor has the company scheduled any further launches outside the US so far. This has led to significant speculation about which market might be next after the US. China is on the prospect list, as is Australia, Canada and the UK.

The post Apple Pay ready for China mobile payments launch appeared first on Payments Cards & Mobile.

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