Mobile payment GB will soon be the launch of the operator to compete for market opportunities

A long gestation of the national standard of mobile payment will be settled.

Lu Shuchun, deputy director of the People's Bank of China's Science and Technology division, said at the "Unicom Mobile phone Wallet" product conference that the Chinese financial mobile payment standards will be released in the near future. After that, the PBOC will promote the standard application pilot and the related infrastructure to improve the environment for mobile payment.

It is understood that the forthcoming release of China's financial mobile payment standards adopted by the international General 13.56MHz technology, and based on the technical standards of NFC mobile phone near-field payments will become the mobile payment market leading.

NFC becomes a market leader

Among the three major telecom operators, China Unicom has pioneered a commercially available NFC mobile near-field payment product. November 26, China Unicom and Merchants Bank jointly launched the "Unicom mobile phone wallet" products.

According to China Unicom, general manager of product innovation Li Hong introduced, China Unicom and Merchants Bank of the joint launch of the mobile phone wallet products and traditional mobile phone payment products can be the bank's PBOC2.0 credit + electronic cash applications loaded in the mobile phone Usim card, is the first in the domestic Swp-usim card as a carrier, Relying on Unicom WCDMA network and 3G Java Card Multi-application management and download platform, through NFC smartphone and handheld mobile phone client to manage the bank account solution.

Li Hong Introduction, China Merchants Bank opened "Unicom mobile phone wallet" business, you can receive an appointment message, to China Unicom designated office to deal with the investment banking account built in the mobile phone Usim card, you can realize the function of the bank card and cell phone function, brush the phone can directly carry out a variety of consumption.

For Unicom's old users, if they have NFC-enabled mobile phones, only in the Unicom business Hall to replace a built-in investment bank account Usim card, without changing the number. According to Li Hong, the current market for the mainstream terminals, such as Samsung, HTC, Sony's variety of mobile phones are supporting NFC features.

It is understood that the UnionPay plans to lay around the country in the year about 1.5 million units with China UnionPay QuickPass logo of the non-connect financial POS terminals, of which Shanghai's non-connected financial POS terminals have 162,000 units. It is reported that the user in the cloth has UnionPay QuickPass logo pos Machine Brush Mobile phone can directly carry out a variety of consumption, and according to the People's Bank of China, mobile wallet's maximum consumption limit of 1000 yuan.

Li Hong Introduction, "Unicom mobile phone wallet" products in the technology has achieved dynamic card space and key security management, will be the first in December this year in Shanghai commercial, follow-up will be to the country.

China Unicom launched the first mobile wallet commercial products, the industry as "NFC mobile phone near the field to pay for large-scale commercial business of another substantial step." In addition to China Unicom, the country's other mobile-payment operator, China Mobile, will also launch its NFC-based "mobile wallet" product.

China Mobile will announce the opening of its NFC mobile phone SIM card space at the 2012 Global Developers ' conference to be held next week (December 5), according to Chinese movement insiders, and combine various industries to promote the use of "open Platform for multiple applications" to users. Among them, NFC based near-field payment products "mobile wallet" will also be released at this conference.

Mobile Payment GB Determination

From the current trend of mobile payment field, the mobile payment method based on 13.56MHZ technology standard, adopting Nfc-sim (USIM) card scheme, will become the leading of market mobile payment market.

Before the official release of the mobile payment national standard, The domestic mobile payment industry has been facing a mutually incompatible 13.56MHz and 2.4GHz choice of two major frequencies, one side is the main push of China UnionPay based on 13.56MHZ technology program, while the other side is the main push of the Chinese mobile based on 2.4GHZ technology program.

It is understood that China Mobile has been the main push based on 2.4GHz mobile payment technology, is to take into account the 2.4GHz frequency has a strong penetration, can support remote data updates and many other technical advantages. However, the industry believes that the technical advantage is not the only way to promote business development, telecom operators to promote the development of mobile payment business, the need to cooperate with banks and other parties to form a standard for the financial industry, mobile payment technology standards.

The two competing standards for mobile payments have changed over the past six months. April 2012, the People's Bank of China assembled commercial banks, UnionPay, telecom operators and other industry-related parties, set up a mobile payment standard writing group, finally, the Chinese UnionPay-led 13.56Mhz standard was identified as the current Chinese financial mobile payment standards.

After June, China Mobile signed a mobile payment business cooperation agreement with Chinese UnionPay, which began to fully support the 13.56MHZ mobile payment technology scheme to promote UnionPay's main push.

It is understood that the People's Bank of China, the Ministry of Industry, the relevant department of the National Standard Committee has been organized Chinese UnionPay and three telecom operators, to the development of mobile payment business agreed-near-field payment using 13.56MHz standard, and 2.45GHz program only for closed application environment and not into the financial circulation.

At present, the domestic three telecommunication operators have obtained the third party to pay the licence, and has stripped the financial business, set up the independent entity operation mobile payment related business.