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December 17, 2015 12:24 am GMT

Chinas UnionPay Steps Into Mobile Commerce In JV With UK Startup Powa

china-bubbleOn the heels of reports that Apple Pay is gearing up for a February launch of its mobile payment service in China, the country’s biggest credit card company has entered into a JV with a startup out of the UK to take its own steps into smartphone-based transactions. UnionPay Network Payments — a wholly owned subsidiary ofChina UnionPay, the state-run company that controls debit… Read More

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