(Yicai Global) July 17 -- Huawei Pay, the third-party payment platform of telecom colossus Huawei Technologies, landed in Hong Kong recently.
Owners of local telecom HKT Trust and HKT's Tap & Go card will have access to the payment services available at over 40,000 shops, with more banks supporting the platform in the future, Huawei's Hong Kong unit said at the official site.
HKT Trust and HKT Limited supplies telecommunications and similar services in Hong Kong and abroad. Its mobile segment provides mobile telecom. Its other businesses segment offers the Tap & Go mobile payments and other financial services.
Huawei Pay is Huawei's first convenient mobile payment service based on a security chip Huawei and UnionPay jointly unveiled in 2016. Users just need to move the back of their handset (where the camera sits) near the NFC-equipped UnionPay card payment machine and verify their fingerprint to pay, without unlocking the screen, opening an app or even being online.
Huawei Pay has worked with over 118 banks in China as of now. The UnionPay card issued by Russia's Gazprombank JSC and the Russian Agricultural Bank also supports Huawei Pay.
Hong Kong is the second market outside Chinese mainland after Huawei Pay entered Russia in December last year. The special administrative region has over 40,000 card payment machines that support Huawei Pay at many popular shops, including Yata Supermarket, Sogo Department Store, 7-Eleven Convenience Store, Mannings, Tsui Wah Restaurant and Arome Bakery.
Editor: Ben Armour