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Apple expands Apple Pay cross-border payments for mainland China users
Apple has expanded its cross-border payment services for mainland China, allowing users to utilize various Visa credit and debit cards through Apple Pay. This feature enhances security with dynamic codes and biometric authentication, and more banks and payment systems like Mastercard will be added soon for overseas transactions.
Key points
- Apple Pay expands cross-border payment services for mainland China users.
- Service available for Visa credit cards from eight banks including ICBC and Bank of China.
- Users can now add eligible cards to Apple Wallet for overseas merchant payments.
- Utilizes dynamic security codes and biometric authentication for transaction security.
- Additional support for banks and Mastercard expected in the coming months.
Why it matters
- This expansion aligns with the growing trend of digital payments and contactless transactions, especially post-pandemic.
- Considered important for facilitating global travel and e-commerce in 2025 as consumer preferences shift toward mobile payment solutions.
Apple's move to enhance payment capabilities for mainland China users strengthens its position in the digital payment landscape and caters to the increasing demand for secure, cross-border transactions.