APPLE PAY SOON FROM USA TO CHINA

Pay Apple is likely to land soon in China, the first country to enjoy the mobile payment system in Cupertino over the United States. These would be the outcome of an agreement between the California and Alibaba Group, a local e-commerce giant, as well as reported by the Wall Street Journal. Relations with the Asian society, not least, were confirmed by the same Tim Cook last conference WSJ Digital.
According to reports, the two companies they would be giving to a full integration between Alipay and Apple Pay, so that users have easy Chinese purchases both online and offline. Apparently, the owners of an iPhone enabled will be able to purchase goods and services climbing up credit from their Alibaba account.

It is a special agreement, quite different from those that Apple has entered the motherland. First, Alibaba is one of the largest Chinese player and leader of online, a sort of eBay and PayPal Asia. Moreover, in doing so the apple will win a large number of users, the price of a reduction in their revenue sharing in favor of the partner.

Alipay is already highly rooted in the territory, so to be recognized and accepted by more than 200 Chinese financial institutions, as well as a long list of chains, shops, and individual online merchants. As a result, Apple would achieve such a rapid access route expansion in the nation. Last but not least, the assistance and cooperation with a local operator would ensure greater safety bureaucratic group in California, but given the complexity of regulations and permission to deal in the market transaction.

Set the possible future of Apple Pay in China, yet nothing is known on the land in other countries, such as Europe. In this case, it is very likely that Apple chooses canonical partnerships with banks and credit institutions, as happened in the United States, for the official inauguration in early 2015.