Apple-Alibaba Tie-Up to Bring Apple Pay to China?
Thursday, May 14, 2015
Apply Pay – which allows users to hold up their iPhone to a reader and pay for items – was launched in the U.S. last September and has seen“great momentum,” CEO Tim Cook said last month.
But now the Cupertino, CA-based giant wants to expand the payment system to China — the company’s second-biggest market by revenues.
“We very much want to get Apple Pay in China,” Cook told Xinhua in an interview published late Monday. “I’m very bullish on Apple Pay in China.” (Tweet this)
Apple was not immediately available for comment when contacted by CNBC.