Apple, China UnionPay Partner to Bring Apple Pay to China

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Apple
AAPL
and China UnionPay today announced a partnership to bring Apple Pay, which transforms mobile payments with an easy, secure and private way to pay, to China. China UnionPay cardholders will be able to easily add their bank cards to Apple Pay on iPhone®, Apple Watch® and iPad®, providing added convenience and security to everyday shopping. "China UnionPay is dedicated to promoting payment innovations and providing secure, convenient mobile payment experiences for its hundreds of millions of cardholders, aligning multiple parties in the industry," said Chai Hongfeng, executive vice president of China UnionPay. "We're very excited to offer Apple Pay among a diverse set of innovative payment options that work with China UnionPay QuickPass."
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