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China to Announce National Mobile Payment Standard in 2013

Ebrun, 4/19/13

At the fifth annual China Mobile Payment Industry Summit in Beijing on April 18, Chai Hongfeng, executive VP of Chinese banking network China UnionPay announced that a specification for a national mobile payment standard has already been drafted, and could be announced within the year. Read More

13.56MHz Favored in China's Contactless Payment Standards Battle

cn-comm, 4/14/11

Zhang Qi, director of the China Information Industry Trade Association (CIITA), announced at the China Mobile Payment Industry Summit in Beijing today that 13.56MHz was tentatively selected as China's national contactless payment standard in a meeting in November 2010 between government regulators, Chinese banking network China UnionPay and China's three major mobile operators. Read More