Can Apple and Samsung Fight and Win Against the 90% Dominance of Alipay and Tenpay?

Apple Inc. and China UnionPay announced a partnership in their official press release to bring Apple Pay to China through UnionPay’s network. China UnionPay cardholders will be able to easily add their bank cards to Apple Pay on any Apple device, which will add convenience and security to everyday shopping.

Chai Hongfeng, executive VP of China UnionPay, commented on the partnership, China UnionPay is dedicated to promoting payment innovations and providing secure, convenient mobile payment experiences for its hundreds of millions of cardholders, aligning multiple parties in the industry. We’re very excited to offer Apple Pay among a diverse set of innovative payment options that work with China UnionPay QuickPass.

China UnionPay’s QuickPass and Apple Pay together will protect customer payment information through the industry-leading payment

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