From CNET: Apple Pay and Samsung Pay, the competing mobile-payments services, will go head to head next year in the world's biggest smartphone market.
Apple and Samsung said Thursday they had secured separate deals with the China UnionPay bank that will enable their customers in China to add credit or debit cards to the respective mobile-payments services. Both companies said their services would launch in China as soon as early 2016 after the testing and certification required by regulators.
"China is an extremely important market for Apple, and with China UnionPay and support from 15 of China's leading banks, users will soon have a convenient, private and secure payment experience," Eddy Cue, Apple's head of Internet software and services, said in a statement.
A few hours later, Samsung announced a similar partnership with China UnionPay.
"The collaboration with China UnionPay, coupled with the support from major UnionPay partner banks in China, will bring this secure and easy-to-use mobile payment solution to more Samsung mobile users," Injong Rhee, the global chief of Samsung Pay, said in a statement.
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