Chinese telecom operator China Unicom announced today a mobile payment service. China Unicom users, apart from downloading the app into their phones, can choose to have the service pre-installed in an SIM card or visit Unicom stores to add it into an existing SIM card.
It works like Alipay Wallet. Bank accounts and transportation cards can be bundled for a variety of digital payments. Fuel card, membership cards or e-coupons issued by merchants, and the like will be available later.
China Unicom is testing the service in Beijing, Guangdong province, Fujian province and Jiangsu province.
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