Mobile payments have become a real “thing” over the past couple of years, and now that the playing field has levelled out somewhat, the major names and players have emerged. Obviously, Apple and Apple Pay – having launched before Android Pay and Samsung Pay – are right up there at the top, but both Google and Samsung’s options are set to roll out in more parts of Europe and elsewhere in the next few weeks. What many users might not be aware of however, is that Chinese giant Huawei also have their own payment system, dubbed Huawei Pay, and rumor has it that the service is about to leave China any time soon.
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Huawei Pay is currently only available in China, and in partnership with the Bank of China, but now there are reports that the service will be heading to Pakistan. Or at least, a report out of said country seems to reckon, anyway. The mobile payments landscape is still one that’s in its infancy, and one that might finally be starting to reach maturity. Right now however, Huawei Pay is mostly seen as a “me too” competitor with Apple Pay – which recently went live in China, back in February – and whether or not Huawei Pay can become a global and mainstream platform remains to be seen. Should this new payments system head into the West however, users will have more choice on Android, provided Huawei open it up to non-Huawei made smartphones, unlike Samsung’s Samsung Pay which is only available on select Samsung smartphones.
Huawei Pay itself has only been available in China since March, and right now just counts the Bank of China among its supported banks and card issuers. Available on most Huawei devices from the end of 2015 onwards however, it could become a real competitor in China, as there will be more devices for it to work on, but with Apple Pay already well established and Samsung Pay becoming a big name in the West, Huawei have their work cut out for them. Not to mention the disdain with which US government officials look upon Huawei with. All of this could cast a shadow on Huawei Pay’s march into the West, but for now we’ll have to wait and see on just what Huawei’s plans are.