Huawei announces mobile payment service - Mobile World Live

Huawei announces mobile payment service

16 MAR 2016

Huawei – the world’s third largest smartphone vendor – is following rivals Apple and Samsung by offering a payments service for its smartphones and wearables.

Huawei Pay was launched at a press conference in Shenzhen with Bank of China, its only partner to date, but other details were thin on the ground.

The Chinese company’s rollout schedule is unclear. Rival service Apple Pay was launched in China last month, and Samsung Pay is due to launch in the country this month.

Possibly their availability in its home market spurred Huawei into action.

South Korean rival LG also announced plans for a payment service, although Chinese rival ZTE told Mobile World Live it had no plans in that direction.

The Huawei announcement was first reported by Sina.

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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