Well ahead of the pack, Patently Apple posted a report back in May titled "Apple Reaches Agreement with China UnionPay for iWallet." Since that time Apple's mobile wallet has been officially branded "Apple Pay." Confirmation of Apple's deal with Union Pay came to light in a press release issued in November. We noted in the latter report that adding UnionPay at the App Store was going to lead to use of Apple Pay down the road. Today that was confirmed. UnionPay will begin to accept Apple Pay starting in March 2015. The twist to the story however, is that UnionPay is planning to compete with Apple Pay.