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Game of Chinese Whispers via UnionPay, Android Pay or Apple Pay

The payments industry is again buzzing with the possibility of an Android-based payment system becoming a reality in China. China UnionPay is all set to launch an Android-based Chinese payment app on the lines of Apple pay by utilizing fingerprint verification and Near Field Communication (NFC) to process payments. It is expected to be launched in the third quarter of 2015.

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