Apple Pay launched in China; will compete against WeChat and other local services

Apple Pay is now officially available in China; will take on the growing market share of Tencent’s WeChat
Apple today launched its mobile payments service Apple Pay in China, the company said, pitting the US technology giant against strong domestic players in an already crowded field.
The world’s second-largest economy is a crucial market for the California-based firm, and Apple Pay is available in only a handful of other countries including the United States, Britain, Canada and Au