[2015-11-29] What Apple Pay’s Entrance into China Means for Bitcoin

[sirohige]

Apple Pay’s plans to enter China are at an advanced stage. The digital mobile money service could hit points-of-sale in the country as early as February 2016, according to The Wall Street Journal, but will this have an impact on Bitcoin in China?


Interesting Development
China will be the fifth country, after the US, UK, Canada and Australia, where Apple Pay will launch. In preparation for this roll out, Apple Pay registered a local subsidiary- Apple Technology Service (Shanghai) Ltd. – in June and has already signed contracts with four Chinese state-run commercial banks to facilitate the service in Mainland China and Hong Kong.

But how will Apply Pay’s entrance into the Chinese market affect the prospects of Bitcoin?

read mre : https://news.bitcoin.com/apple-pays-entrance-china-means-bitcoin/

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[n691309]

Apple pay want to integrate his unique payment method like the Ali pay in china, i don't think that apple will be better that alipay in china market, neither will affect bitcoin.

[randy8777]

Apple pay want to integrate his unique payment method like the Ali pay in china, i don't think that apple will be better that alipay in china market, neither will affect bitcoin.

the nice thing about chinese people are that they are more likely choosing to use such a service that comes from their own country. i am sure apple pay won't come even close to alipay.

[TraderTimm]

Needs proper date formatting, please add.

Thanks..