Three years ago, China UnionPay launched 13.56MHz mobile payment standards common in the international market, China Mobile self-developed the 2.4GHz technology standards. Standard of contention, move and CUP have their own advantages,Clevo M72 Bateria para also have their own problems.
Initially, the move to compete for mobile payment standard smug. In 2010, China Mobile to spend 40 billion capital stake in Shanghai Pudong Development Bank, to enter the mobile payment planted a pawn.
Mobile 2.4GHz standard is unique, it is the dominant technology standard in China, but the difficulty is that the existing financial infrastructure does not support the move standard requires a lot of upgrading existing machines and equipments.
CUP also linked up to a lot of "allies". Mobile stake in Shanghai Pudong,Clevo M72R Bateria para China UnionPay also speed up the layout of the mobile payment, and mobile competitors - China Unicom ( microblogging ) , China Telecom ( microblogging ) active cooperation. At this point, the CUP gathered around the Bank, the two major carriers, including many advocates.
Compared to move standard CUP standard payment instruments widely based on the current distribution of banks, financial institutions such as POS machine terminal is mostly based on 13.56MHz technology,Clevo M72S Bateria para the CUP standard does not require too much renovation of existing equipment. CUP standard, however, also has a natural defect - user must be replaced by a special phone to use mobile payment business. In mobile standard, users only need to replace the payment of a special with RF SIM card.
June of this year, China UnionPay and China Mobile to come together, signed a strategic cooperation agreement, which has been released to the signal: move the "compromise", the mobile payment standard eventually will be.
Industry analysts believe that, to move to make concessions on the standard, but sure to get some other equivalent things move such concessions.
CUP or because of the wide scope of application as the winner
The Bank said that the CUP standard applies Communications generic environment more open and international standards,Clevo M72X Bateria para and is compatible with multiple industry applications, to facilitate the realization of networked universal; 2.4GHz mobile payment solution to be further mature, more applicable to a closed network.
CUP standard and international standards, and easier to promote, but the patented technology and more in Nokia, VISA hands in mobile standard patented technology almost entirely in the hands of our vendors, can be regarded as the product of our own R & D as regulators also faced with whether to build mobile pay its own brand in China, Clevo M72X-R Bateria para the standard delay OK. "said a payment of profession.
GF Securities report, 2012 will be the year of mobile payments start, the first to benefit from the chip and card link. POS and ATM machines have basically the admissibility of the environment, Clevo M72X-SR Bateria para the transformation is completed, NFC mobile phones and the popularity of mobile payment card just begun.