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Tag Archive 'Alipay'

If you search for #iPhone #China on Twitter, you’ll find hundreds of tweets reinforcing the falsehood that Apple (AAPL) has sold only 5 iPhones in China. This pathetic little number comes from articles reporting the first 2 weeks of iPhone sales on the new China Unicom iPhone portal on Taobao.com. Yes, only a handful the “official” [...]

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Update – December 4, 2009: HC360.com is reporting today that Apple and Alipay have formed a partnership to develop a new payment system. The Apple/Alipay system (name TBA) will facilitate China App Store purchases for Chinese consumers. The current iTunes App Store model requires that users provide a major credit card to purchase apps, games [...]

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Update – 09/16/09: According to a report on Sina.com, 3G mobile payment handsets (“wave-to-pay”) are now undergoing trials in Shanghai. No details yet on the hardware/software modifications necessary to activate wave-to-pay.
Swipe-to-pay mobile payments are nothing new in Japan and Korea. iPhone’s authorized carrier in Japan, Softbank, has a “Felica seal” (sticker) that can be applied [...]

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