China UnionPay to push "Androidpay" layout mobile payment

China UnionPay, the most important clearing and receipt agency in China, has repeatedly heard news of cooperation with industry-related parties, and the latest rumors are related to many domestic Android smartphone makers. A recent news that China UnionPay will be in the third quarter of next year to introduce mobile payment services to the market "Androidpay."

Although China UnionPay's official response to Tencent's technology is that it is still investigating the matter internally. However, a number of terminal manufacturers replied that they did have contact with China UnionPay. Cao, vice president of cool, said his engineers began contacting UnionPay two months ago, while Vivo said the communication began two weeks ago.

Other wearable equipment developers to Tencent Technology revealed that China UnionPay is also communicating with them, the two sides or will be in the mobile payment business cooperation.

The reporter learned that the cooperation with China UnionPay Most of the fingerprint identification still remain on the sidelines, but that the former proposed NFC scheme is mature, there is no technical problems.

Cao said that from the hardware point of view, the cooperation between the two sides needs to add a new chip in the product. For the sake of cost, the cool pie will choose to support this cooperation mode in the model of more than 2000 yuan.

Vivo insiders also said they would collaborate on the flagship product.

At present, Androidpay is still in the product development stage. Whether it is China UnionPay, or terminal manufacturers, can not give a specific model of cooperation. But that has sparked interest in the industry.

Some analysts have pointed out that as smartphones integrate more features, mobile payment business is bound to rise on the mobile phone, China UnionPay will not give up the business to third party to pay the company to eat.

What China UnionPay needs to know is that handset makers are comparing it to telecoms operators. Handset makers expect China UnionPay to subsidise it in the early stages of cooperation, allowing the product to roll out quickly, with a business-sharing model for future operations. Chinese handset makers have been adept at adapting to this business logic.

In addition to this joint model, China UnionPay also promotes the mobile payment business in a variety of ways. This year, China UnionPay has deployed 3.6 million terminal POS machines to support the Flash service online, and its collaboration with Apple will card into Apple's payment system.

While officials deny that there are common reasons for this series of moves, China UnionPay, which is under pressure from the industry, is in dire need of a complete victory.

Although the preparation of six months of personnel changes in the dust settles, the original vice chairman and UnionPay International chairman Ge Huayong has succeeded to China UnionPay chairman of the post, but its Shivenchi with UnionPay president of the portfolio will lead the once enjoy policy protection of the bank card institutions to where, it is not difficult to judge.

Regulators are also planning to rethink their industry. A few days ago, at the World Internet Conference held in Wu Town, Shingwen, deputy director of the People's Bank of China, gave a clear response to the dual identity of Chinese UnionPay, "UnionPay is at best the same as the traditional foreign bank card institution, just an industry or member-nature organization." ”

Shingwen also said, "If it is administrative supervision, UnionPay is far not." "This means that China UnionPay is in dire need of transformation. Although from its internal point of view, the emergence of UnionPay business is a trend of compliance, but the internal "innovation and conservative" dispute has no result. That is why industry watchers have reservations about whether "Androidpay" can be "spontaneous".

As you can see, China UnionPay continues to speed up its alliances in the mobile payment business. After working with Apple and Android, China UnionPay will also announce on December 4 that it is working with Microsoft on a mobile payment business based on the Windows tablet.