Exclusive: Tencent Gives Ground to UnionPay as Central Bank Pushes for Mobile Payment Integration

2020年01月07日 19:31 来源于财新网

Tech giant has agreed to work with the state-owned bank card monopoly to make their QR code systems compatible

: Caixin has learned the companies have also reached an agreement to work together on facial recognition-based payments.

Tencent Holdings Ltd. has given ground on China’s mobile payment battlefield by agreeing to integrate a key part of its user identification system with an industry latecomer, state-owned China UnionPay Co. Ltd.

版面编辑：喻竹杨洋

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