Mobile payment coming

According to reports, before China Unicom has already trial commercial mobile payment services in four cities in Beijing, Shanghai, Guangzhou and Chongqing, it will start commercial use from December 31, 2010, and Beijing will become the first city to start commercial use.

According to the news, China Unicom’s formal commercial choice is 13.56MHz technology, SIMpass technology solution provided by Beijing Watchtech. This solution solves the problem of insufficient penetration of the 13.56 MHz technology signal by installing a metal antenna on the SIM card, or by placing a film outside the casing of the mobile phone. The Unicom adopted the former method. The first batch of 2,900 SIM cards with antennas installed will be listed.

Users can use the pre-recharge method to take the bus, subway, and mobile phone consumption in the cooperative merchants. The subsequent commercial use of other cities will be determined by Unicom depending on the operating status and then the promotion time.

So far, China's three major telecom operators have launched mobile payment services. In 2011, mobile payment will continue to be the focus of operators' development. On December 28th, China Telecom Group held the 2011 annual work conference in Guangdong. At the meeting, the general manager of the company, Wang Xiaochu, said that the company will expand its mobile business with 3G as its focus and strengthen mobile payment, etc. when talking about the “12th Five-Year Plan”. The development of specific applications.

At the same time, the development focus of China Mobile’s mobile payment service will shift to the 13.56M standard led by UnionPay. The standard of RF-SIM (2.4GHz) that was pushed forward is currently at a stagnation stage, and will be implemented mainly in the enterprise field in the future.