We have been talking about the extension of Apple Pay throughout the world for several months. Spain has been one of those chosen for this expansion, which will come to our country thanks to American Express, as well as Singapore and Hong Kong, but to China, where it will be done by Union Pay. Union Pay is one of the largest card issuers in the Asian continent and is available in most of the country's businesses, so the expansion in China will be done quickly and without major delays, especially considering that the majority of credit card terminals Union Pay already supports NFC technology.
Apple's intentions have been to offer Apple Pay in early 2016, so Before the end of the first quarter, this new payment method should already be available in the Asian country. The alliance with Union Pay has been the fastest way to expand rapidly across the country. A few months ago, Apple already tried to enter the Asian market, but the harsh conditions of the Chinese government forced it to try to reach an agreement with Alibaba, who did not want to go through the hoop, regarding the commission that Apple requested to offer your payment method together.
Currently Apple Pay is available in the United States, United Kingdom, Canada and Australia, but this year it will reach at least five more countries, according to the CEO of Apple in the last conference where the latest financial results of the company were presented. Regarding the rest of European countries such as France and Germany, at the moment we do not know when Apple plans to offer this service, but most likely is that it arrives with a credit card entity such as American Exress and Union Pay so as not to have to sit down and negotiate one by one with all the banks in the country.
