Every manufacturer wants to split a piece. At the earliest, Apple's APPLE Pay, followed by Samsung Pay, Huawei has paid for the test, that is, we are familiar with the three Pay: Apple Pay, Samsung Pay, HUAWEI Pay. On December 18 of the previous year, China UnionPay announced that it had collaborated with Samsung Samsung Pay and Apple's Apple Pay to fully enter the mobile payment category.
Why did the bank cooperate with Apple Pay and Samsung Pay, but they were not willing to cooperate with Alipay? Because Alipay was established soon, Ma Yun had sought bank cooperation, but the bank did not see Alipay, and now Alipay is bigger and stronger. To become a strong competitor of the bank, Alipay now has many financial products:
Ants are similar to online credit cards, and many Alipay users are open.
Ants borrowed, this is a pure Internet financial loan, killing bank loans and offline financial companies.
Ant Finance, this attention to WeChat platform love card helper can apply, the minimum is 20,000, the highest is 300,000.
Online business loans, small loans for small and medium-sized enterprises, you can also visit Alipay to view.
Mobile payment is safe because it is completely out of the Internet, based on NFC skills, secured by trusted hardware/virtual hardware, trusted execution environment (TEE), and trusted service (SE). Safety.
Samsung Pay not only supports NFC skills, but also supports MST (Magnetic Signal Security Transfer Skill). In other words, not only does the POS terminal that supports the UnionPay cloud flash payment, but all POS terminals that can swipe the card can use Samsung Pay.
The completion of HUAWEI Pay is similar to Apple Pay. It is also based on the mobile phone built-in security module eSE+NFC+TEE+ fingerprint recognition function. It can support the binding of 8 bank cards together.
On September 1st, Xiaomi and China UnionPay will hold a press conference to officially launch "MI Pay". As a result, Xiaomi became the first domestic mobile phone manufacturer to cooperate with China UnionPay after Apple and Samsung, and became the first mobile phone manufacturer in the world to support bank cards and bus cards. It seems that the bus card that Samsung and Apple did not notice has become a major selling point of Xiaomi. The completion of this is very simple. Only Apple and Samsung have not opened the NFC interface for security. How does Xiaomi ensure safety?
MI Pay looks like Apple Apple Pay. It uses the same NFC solution. The Xiaomi mobile phone that supports NFC functions can be used. The interesting interface is Apple Pay.
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