The company has offered participants to its developer conference the option to pay for their tickets via the new Huawei Zhifu function under its Huawei Pay app. Those who use the service are entitled to a USD 7.75 discount
That followed the company’s acquisition of a nationwide mobile payments licence from its purchase of Shenzhen Xunlian Zhifu Network in March 2021, according to a report by China Securities Journal cited by South China Morning Post. Since 2016, the business development of mobile wallet app Huawei Pay mainly relied on the mobile payments service of state-owned UnionPay, the country’s bank card clearing service.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.