The Chinese mobile wallet, Alipay has partnered with mobile phone manufacturer Huawei to launch a one-second QR-based feature on the Huawei P9 and other devices with fingerprint recognition capability, a development it hopes will not only encourage adoption of mobile-based payments through its mobile wallet but will also eclipse Apple Pay, launched earlier this year, which some experts believe focuses too much on hardware. Things are hotting up in the mobile wallet space in China, says Arnie Cho, with Alipay against Apple Pay in a technology head to head. In an interview at CES in Las Vegas last week, CEO Tony Xu said that his company was working closely with Huawei, as well as partners including Samsung Electronics Co. Ltd., LG Display Inc. and HTC Corp.
The Chinese mobile wallet, Alipay has partnered with mobile phone manufacturer Huawei to launch a one-second QR-based feature on the Huawei P9 and other devices with fingerprint recognition capability, a development it hopes will not only encourage adoption of mobile-based payments through its mobile wallet but will also eclipse Apple Pay, launched earlier this year, which some experts believe focuses too much on hardware. In an interview at CES in Las Vegas last week, CEO Tony Xu said that his company was working closely with Huawei, as well as partners including Samsung Electronics Co. Ltd., LG Display Inc. and HTC Corp.