Apple Inc. has updated its operating system to enable Chinese passengers to use Apply Pay on the public transportation systems in Beijing and Shanghai, to rival Tencent and Alibaba in mobile payment. In China, where Tencent and Alipay dominate the mobile payment market, the U.S. tech giant’s payment product has never been popular. In the third quarter last year, Alipay led China’s third-party payment market with a 53.73% market share, while Tencent accounted for 39.35%, according to Analysys. Apply Pay, …

Apple Enables Passengers To Use Apple Pay On Beijing, Shanghai Public Transport appeared first on China Money Network.


Visit the original source and full text: China Money Network