Beijing brush phone has been tested to complete the bus

The use of mobile phones instead of bankcards for credit card consumption began large-scale commercial use. From now on, Beijing's China Mobile users can exchange SIM cards with mobile payment functions for free at six business outlets.

On June 9, China UnionPay and China Mobile jointly launched mobile payment products—mobile wallets—in 14 cities including Beijing and Shanghai. The first batch of five mobile phones and eight banks opened this feature. China Mobile revealed that at present, Beijing's mobile phone brushing has also been tested and will soon be launched.

By the end of September, there are 20 mobile phones that can be used for mobile credit card payment. A mobile phone with NFC (Near Field Payment) function is required to implement mobile credit card payment. At present, China Mobile has opened payment functions of 5 handsets such as HTC ONE, Samsung S3, Samsung S4, and Huawei and ZTE. . Tang Jianfeng, assistant to the general manager of China Mobile Terminal, said that by the end of September this year, there will be more than 20 models of NFC mobile phones, ranging in price from 500 yuan to 5,000 yuan. Replace a SIM card in these phones to experience mobile payments. However, since IPHONE does not have built-in NFC functionality, IPHONE will not have a mobile payment function.

At present, China Mobile has started to exchange cards for free, and it has supported six branches such as Beijing Financial Street and Zhongguancun West District, and will be promoted to all business outlets in the future. In addition, the Shanghai Pudong Development Bank's outlets will also be able to handle SIM card replacements before October, and the mobile business office can also open the Shanghai Pudong Development Card on-site.

Mobile wallet can do it?

What can a mobile wallet do? It is understood that NFC mobile phones can be paid at POS terminals with UnionPay's "flash payment" logo. At present, there are more than 1.3 million such payment terminals in China.

In Beijing, Starbucks, Haagen-Dazs, Wanning, and Zhongxin Bookstore have already opened mobile payment. In addition, the network and internal testing of China Mobile and Beijing Public Transport have been completed. Volunteers have been recruited to experience the experience of “swipe mobile phones by bus.” Shen Hongqun, deputy general manager of China Mobile’s data department, stated that the mobile phone will be launched as soon as possible after the use of a mobile phone. It will also be extended to subways, airports, schools and other places.

The mobile payment era is coming?

With China UnionPay and China Mobile’s two giants joining forces to launch mobile wallets on a large scale, does this mean that the era of China Mobile's payment has come?

In this regard, some bankers pointed out that at present, China's mobile payment market is still in its infancy, and it is difficult to form a mainstream market by relying solely on certain aspects. Whether China's mobile payment market can really develop in the future still depends on the cooperation of all parties.

In fact, the current development of the mobile payment industry in China is still unsatisfactory: the utilization rate of mobile payment is low, and the application scenario is not yet abundant. The coordination of interest of all participants and the ecosystem of mobile payment are far from perfect.

The most worrying for consumers is still the security of mobile payment. For example, what if the mobile phone is lost?

In this regard, the relevant person in charge of the Shanghai Pudong Development Bank stated that the credited account bound in the mobile phone is based on the password. Once the mobile phone is lost, the customer only needs to promptly report the loss of the bank card to the bank and report the loss of the SIM card to the mobile phone to secure the bank card account.