Xiaomi, Huawei, and ZTE are all said to be planning their own Apple Pay competitor

19 February, 2016
Shortly after Apple launched its mobile payments service Apple Pay in China, there are reports that the iPhone maker's competitors in country are planning to release their own payments service. The revelation was made by IHS Analyst Kevin Wang on Weibo (China's Twitter).

Sort by:

  • ?
  • Anonymous
  • QAL
  • 19 Feb 2016

the_seba, 19 Feb 2016Yes, more market fragmentation. That's what we all need. W... moreHow is this fragmenting? What is it fragmenting?
The nimrods who agree please explain how is this fragmenting and what is it fragmenting please..... Its just another way to pay. Fragmenting is visa, mastercard, American express etc. paying with mobiles make use of the same cards.... So I fail to understand the fragmentation that is happening.

    • ?
    • Anonymous
    • IWQ
    • 19 Feb 2016

    If i'm gonna buy a huawei phone and find out that they are only having their own propriety payment system, i won't buy it and just go for 1 with Android Pay. It's like holding 5 different currencies in my wallet to shop at one place.

      • D
      • AnonD-257034
      • 0xx
      • 19 Feb 2016

      the_seba, 19 Feb 2016Yes, more market fragmentation. That's what we all need. W... moreRelevant xkcd:
      https://xkcd.com/927/

        • B
        • Bailey
        • 3Jn
        • 19 Feb 2016

        AnonD-465853, 19 Feb 2016Absolutely man. I don't get this trend of companies alwayin... moreThis is in China a bigger more competitive market. And you can always download Androidnpay and use that.

          • D
          • AnonD-465853
          • YP6
          • 19 Feb 2016

          the_seba, 19 Feb 2016Yes, more market fragmentation. That's what we all need. W... moreAbsolutely man. I don't get this trend of companies alwaying pushing for proprietary stuff creating more fragmentation when customers really need a ubiquitous and reliable payment method.

            the_seba, 19 Feb 2016Yes, more market fragmentation. That's what we all need. W... moreI agree!

              • D
              • AnonD-362866
              • NHU
              • 19 Feb 2016

              the_seba, 19 Feb 2016Yes, more market fragmentation. That's what we all need. W... moreGood point. But it can be simplified by one terminal that accepts them all. Lord of the point of sales ;)

                • t
                • the_seba
                • JyJ
                • 19 Feb 2016

                Yes, more market fragmentation. That's what we all need.
                Why won't Visa or MasterCard get involved in this? We need a secure mobile payment method accepted worldwide instead of 39083497 proprietary products.

                  1 of 1