China UnionPay and ICBC Unicom cooperate with mobile phone payment business

China UnionPay September 6 released a press release showing that China UnionPay combined ICBC (601398.sh;01398).　　HK), China Unicom in Shenzhen, launched a collection of mobile phone SIM card and chip bank card in one of the mobile bank card-peony Unicom chip credit card.　　Tripartite and cooperation with this card as the carrier, with near-field wireless communication technology mobile phone (NFC mobile phone) for the terminal, the implementation of mobile phone payment business pilot, to meet the customer's on-site small rapid payment needs. China UnionPay said that the three parties mainly in four areas to carry out credit card business cooperation, the credit card is mainly for China Unicom employees and customers to issue, will be in the Unicom business outlets to carry out POS billing business cooperation, and for Unicom to promote the iphone, music phone and other variety of 3G mobile phones, netbooks,　　Internet card packages and other products to provide credit card installment, to carry out mobile payment business cooperation. China UnionPay said that the credit card can be used in more than 2000 Shenzhen UnionPay POS terminals supporting contactless chip cards, which is expected to reach 10,000 at the end of the year.