UnionPay launches Quick Pass mobile payment service
Quick Pass, China UnionPay’s new mobile payment service, has partnered with more than 20 banks, smartphone makers, and internet companies, to allow users to make payments without having to open an app or be connected to the internet. The Quick Pass service, which will rival other mobile payment services Tenpay and Alipay, also claims to give users better security over their personal information. The service is already available in petrol stations and McDonalds, with a wider rollout to come. Currently available only on Android, the company plans to release an iOS version in Q1 next year.

UnionPay formally released Quick Pass to strengthen its presence in the competitive third-party, mobile payment market. Photo: Reuters