China UnionPay Co., Ltd., UnionPay, a payment method based on smartphones, based on NFC-based HCE and Token technology

UnionPay is a smartphone-based, NFC-based HCE and Token payment method.

There are three major steps to experience UnionPass: first, you need to have a mobile phone with NFC function and Android system; Cardholders need to bind their own bank card to the mobile app of their bank to generate a UnionPay card, which is equivalent to a "stand-in card" for a physical bank card. Finally, in front of the POS machine with the UnionPay "QuickPass" logo at the cashier counter of supermarkets and shopping malls, after the cashier enters the payment limit, the consumer only needs to light up the mobile phone and gently place it near the POS machine, and enter the password after the "drop" to complete the entire payment process.

"UnionPay" does not need to "unlock, turn on the screen, open the APP" and other steps, you can directly turn on the screen to "swipe your phone" to pay; For QR code payment, you need to open the APP of WeChat and Alipay, enable the camera and the corresponding code scanning function, and complete the payment only after the network is confirmed.