Xiaomi, Huawei, and ZTE are all said to be planning their own Apple Pay competitor

Shortly after Apple launched its mobile payments service Apple Pay in China, there are reports that the iPhone maker's competitors in country are planning to release their own payments service. The revelation was made by IHS Analyst Kevin Wang, who named Xiaomi, Huawei, and ZTE in a Weibo post. It's not that Apple Pay doesn't have any competition in China - there are mobile payment companies like WeChat Payment and Alipay from Alibaba Group that are already established in the world's...

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Apple [+]    Apple Pay [+]    China [+]    IHS Analyst Kevin Wang [+]    Xiaomi [+]    Huawei [+]    ZTE [+]    Weibo [+]    WeChat Payment and Alipay [+]    Alibaba Group [+]   

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