• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Policy Change in China Presents Opportunity for Apple and Alibaba

November 3, 2014

Mobile CommerceA policy change from the Chinese government may pave the way for a partnership between Alibaba and Apple Pay, writes Scott Cendrowski in an article for Fortune. China’s State Council has announced that the country is opening the door to foreign credit card companies like MasterCard and Visa, which had previously been forced to operate under the auspices of UnionPay, the state’s presiding online payment monopoly. That should effectively allow a service like Apple Pay to operate within the country.
Meanwhile, Alibaba’s online commerce system Alipay might now be able to operate offline in China, having previously avoided UnionPay’s rules and fees by setting up shop entirely online, shuttering its point-of-sale services last August. But with the iPhone already such a hot commodity in China, and Apple Pay poised to dominate the mobile commerce market, it would make sense for Alibaba to seek some sort of partnership or accommodation with Apple, and its Executive Chairman, Jack Ma, has suggested as much in recent days. This would benefit Apple too, since Alipay is so wildly popular in the country.
With the mobile revolution unfolding all over the world, and biometric security technologies like fingerprint scanning being integrated into both high-end and lower-end smartphones, it appears that consumers are primed to embrace mobile commerce. Now that China has relaxed its rules about who can enable those transactions, a huge new market may be about to open up to both Alibaba and Apple.

Related News & Articles

Yubico Sheds More Light on YubiEnterprise Services

BlackBerry Upgrades Enterprise IoT Platform

Mobile ID Comes to Purdue

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Mobile Biometrics Specialist Attains Compliance With UK’s DIATF
  • Nordic-Baltic Ministers to Push for Cross-Border Digital ID Interoperability
  • 1Password Rolls Out Passkey Support for iOS Users
  • Somalian Government Launches Digital ID System
  • Philippines Authorities Aim to Roll Out Mobile IDs By Year’s End

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld