What mobile payment method do you use the most on your phone? I believe that the most answers should focus on Alipay and WeChat Pay. In fact, with the rapid promotion of the digital RMB APP, coupled with UnionPay Cloud QuickPass and other licensed Internet manufacturers’ own payment tools, the mobile financial landscape is quietly emerging change.
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China Securities Journal recently reported that,Huawei Pay has been online for several months and is being promoted. In addition to covering Huawei-related applications such as Huawei Theme, Huawei Cloud Space, Huawei Music, Huawei Video, Huawei Reading, etc., it also extends to some third-party software, such as Mango TV, Youdao Cloud Notes, PP Video, etc.
It is reported that Huawei Pay needs to be activated by bundling a card. It now supports more than 160 banks, and the first bundled discount is also given in Huawei Wallet. Take Huawei in-app payment as an example. On the payment method page, Huawei Pay and Huawei Pay (UnionPay), which was launched as early as 2016, appear side by side. At the same time, the small print at the bottom of the page shows that Huawei’s payment service is provided by Xunlian Zhifu.
According to the data, in March last year, Huawei acquired 100% equity of Xunlian Zhifu and successfully won the mobile payment license, becoming the second mobile phone manufacturer with a payment license after Xiaomi. However, at the Huawei analyst conference in the following month, Huawei financial business people said to the outside world that there are currently no plans to enter the payment market.
Some people believe that Huawei’s strong entry into the game should not be simply to grab customers with Alipay and WeChat, but to support and improve its full-scene Hongmeng smart ecological chain.