Huawei teamed up with UnionPay International to expand their Huawei Pay service and quicken the service's roll-out worldwide to provide a better mobile payment experience for Huawei mobile device users. The agreement marks the first joint effort between Huawei and Union Pay to bring Huawei Pay to the global market since the two companies worked together to create Huawei Pay in 2016. Russia will be the first overseas market to carry out the service. Huawei Pay will also become available in Eastern Europe markets later on.
Huawei and Honor mobile phone end-users outside of China will be able to make quick and easy mobile payments by adding their UnionPay bank cards to a phone that has enabled Huawei Pay and then placing their phone next to a POS machine that supports UnionPay mobile QuickPass. For security, Huawei Pay uses the all-device platform, as well as payment token technology to effectively protect cardholders’ privacy and data security.
In China, Huawei Pay is already supported by 66 banks and is compatible with 20 mobile devices, including various mobile phones and
At present, UnionPay bank cards are accepted at 85 percent of POS terminals and ATMs in Russia, with over 400,000 POS terminals accepting UnionPay mobile contactless payment. More than 10 Russian banks have issued about 1.3 million UnionPay bank cards.
