UnionPay and mobile push "mobile wallet" POS machine can "brush" mobile payment

According to China Voice "Yangguang News", China UnionPay and China Mobile jointly announced that the mobile payment-based remote card issuance and application management platform (TSM) has completed the technical test of interconnection, and China Mobile's upcoming mobile wallet The product will be able to achieve fast flash payment on the mobile terminal.
This is the first important result of the cooperation between the two parties following the signing of the mobile payment cooperation agreement in June 2012. The remote payment card and application management platform based on mobile payment will also realize the inter-industry TSM platform docking for the first time. In the future, cardholders will be able to use the China Mobile mobile phone client. The so-called air is no need to go to the counter to apply for a financial IC card.
It is understood that the financial IC card account information submitted by the mobile phone is directly downloaded to the China Mobile SIM card. The SIM card is equivalent to a financial IC card, which is more convenient than traditional methods such as bank counters and mailing. In this mobile phone terminal that supports NFC-enabled short-range wireless communication, you can pay in UnionPay and pay quickly on your mobile phone. With this downloaded card, you can have a new experience of paying for mobile phone payment on all pos machines with flash sign http://www.POSjipay.com/.
Through the two TSM platforms, users can also load many more functions such as bus cards, social security cards, student cards, access cards, and electronic tickets for the China Mobile SIM card, and use the mobile phone terminal to easily implement various applications.
It is understood that banks such as Bank of China, Postal Savings Bank, Shanghai Pudong Development Bank, China CITIC Bank, Guangfa Bank and China Everbright Bank will become the first batch of cooperative issuing banks. China Mobile's mobile wallet products will be promoted nationwide in March, with priority over 14 key areas such as Beijing, Shanghai and Guangzhou.
Up to now, China UnionPay has completed the transformation of approximately 1.2 million terminal equipment nationwide. China Mobile also plans to sell tens of millions of NFC mobile phones in 2013, which will serve as the main carrier of new services.

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