UnionPay, commercial banks launch mobile phone pay solution in Beijing

UnionPay said it has launched QuickPass in Beijing in cooperation with over 20 commercial banks.

From now on, people can pay not only with UnionPay cards but also via its mobile solution QuickPass, with the convenience and financial security provided by its world-leading technology.

QuickPass offers a new mobile phone service solution supporting contactless payment technologies centered on NFC, HCE, TSM and Token technologies. The QuickPass product is based on the state-of-the-art HCE (Host Card Emulation) and Token technologies, hosting the best combination of security and convenience, which represents one of the main trends of mobile payment.

It only takes a smartphone with NFC functions (coupled with Android 4.4.2 operating system or above) to create the QuickPass card. The smartphone can then be used for making tap-and-go payments at any POS terminals with a QuickPass sinage or for secure online payment via UnionPay Online Payment (or UPOP) with no SMS verification required.

QuickPass mobile payment is already available at over ten thousand locations of 25 franchise chains in mainland China, including Carrefour, McDonald´s, Watsons, FamilyMart, and COSTA with exclusive offers for QuickPass users.