UnionPay

A new report French website iGen indicates that France could be seeing an Apple Pay announcement in as early as the first half of this year. While Apple announced the UnionPay partnership for China two months ago, there has yet to be any signs that other additional countries outside the US and UK (aside from Australia and Canada’s American Express arrangement) would be seeing Apple Pay any time soon. Other reports believe that China could be seeing Apple Pay, which is promised to go live in early 2016, activated as soon as this Thursday at 5 AM (Beijing time).

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Following Monday’s report that Apple is planning to launch Apple Pay in China in February of next year, Bloomberg reports that it has reached a preliminary agreement with UnionPay to use its card-processing terminals. The agreement was an essential step along the way as UnionPay has a monopoly on card-processing in China.

The agreement is provisional, as it still requires the individual banks to agree. They have reportedly been reluctant to agree to the 0.15% cut Apple takes of each transaction. Given the transaction volumes involved, that soon adds up to a significant chunk of the tiny percentage banks charge retailers.

That isn’t the only hurdle Apple needs to overcome … 
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The launch of Apple Pay in China, originally expected to be part of iOS 8.3, has been delayed by stalled negotiations with both the state-owned card processor UnionPay and Chinese banks, reports MarketWatch. Developers had originally been told that iOS 8.3 would support UnionPay, but found that support was missing when the update rolled out last week.

A UnionPay employee who declined to be named said the company has not reached any agreements with the U.S. tech company, and no timetable for cooperation has been set […]

Those sources also say Apple has not made any breakthroughs in talks with Chinese banks, which would also have to agree for the Apple Pay system to work.

The banks are reportedly unhappy about the cut Apple takes from each transaction … 
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We learned last fall that Apple plans to bring Apple Pay to China by partnering with UnionPay. Code found within iOS pointed to Apple preparing its mobile payment service for China while MarketWatch reported Apple was working on a deal with the institution. Several months later, however, MarketWatch now reports that Apple is “struggling with its relationship with UnionPay,” adding that Apple has not yet established an agreement it hoped to reach by March.
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Earlier today, Apple seeded the first iOS 8.3 build to developers alongside Xcode 6.3 beta with Swift 1.2. Readers have discovered that the new operating system brings a new wireless CarPlay feature to the iPhone. This means that users can now wirelessly connect their iPhone to the car to bring an iOS-like experience the dashboard. Previously, users would have to connect their iPhone to the car via a USB Lightning cable. We first reported in March 2014 that Apple has been working on wireless CarPlay. It’s yet to be seen how long the wireless CarPlay rollout takes and which cars support it in the future. The new update also, like with OS X 10.10.3, brings easier Google login functionality for users with two-factor accounts:

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According to Shanghai Mobile analyst Frank Hill, Apple has reached a deal with mobile payment provider China UnionPay that would enable the next iPhone to make purchases at millions of supported Chinese point-of-sale devices. This would work in conjunction with NFC hardware said to be included in the next iPhone model.

UnionPay works with many of China’s major banks, and is the only domestic mobile payment company operating in the country. Several banks have reportedly been invited by UnionPay to participate in the development of a new system that is compatible with iOS devices.

While rumors of NFC in the iPhone have been relatively rare compared to some previous upgrade cycles, this isn’t the first time this year we’ve seen mentions of the technology finally making its way into Apple’s smartphone. Last month a report from analyst Ming-Chi Kuo indicated that we’d see near-field communication in the upcoming device.

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