Searching for "Simpass"
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At the fifth annual China Mobile Payment Industry Summit in Beijing on April 18, Chai Hongfeng, executive VP of Chinese banking network China UnionPay announced that a specification for a national mobile payment standard has already been drafted, and could be announced within the year. Read More
Beijing Unicom launched its contactless mobile payment service at its 16 flagship service halls on December 31. Read More
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Beijing Municipal Administration & Communications Card Co., Ltd. will release a contactless payment "mobile smart card" on December 31. Read More
China Mobile (NYSE: CHL; 0941.HK) has suspended trials of a 13.56MHz mobile payment standard, instead turning its full efforts on expansion of a competing 2.4GHz standard. Read More