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The Rush to Sign on to Apple Pay in China Overwhelmed System

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On Wednesday Apple Pay finally kick started in China. Today we learn that the great response from China's iPhone users has apparently overwhelmed the system causing errors. Duan Ge, a 31-year-old employee of a film production company stated that he managed to link his debit card after about 30 minutes of trying, but later when he tried to register another credit card, he "could not even open the app." Mashable noted in their report that "by 5 p.m. yesterday, 38 million bank cards had been linked to Apple Pay. The Beijing Morning News said on its Weibo account that within an hour of the service going live at 5 a.m., 10 million people had already linked their bank cards to their accounts.

 

Some mobile payment experts argue that Apple Pay is a safer payment option than an Internet-based system because it uses near-field communication (NFC), a short-range wireless technology that lets Apple devices and banks exchange data. It is more difficult for hackers to abuse NFC technology, the experts say.

 

According to Caixin, "Fifteen major banks, including the nation's biggest lender, Industrial and Commercial Bank of China, have agreed to let customers link their bankcards to Apple Pay, the company said.

 

Sixteen businesses in China, including convenience store 7-Eleven Inc., fast food restaurant McDonald's Corp. and supermarket Carrefour SA, accept Apple Pay, the company said. The payment service can also be used to buy movie tickets, book airplane tickets and have food delivered via mobile apps."

 

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