Accumulate AB and Juno Capital Asia Limited with chairman Zhou Xiao He will establish a joint venture to commercialize Accumulate’s ME technology for mobile payments on the Chinese market.

NXP Semiconductors has launched its first near field communication (NFC) Partner Program to support mobile phone and consumer device manufacturers wanting to integrate NFC into upcoming designs in China and Taiwan.

Watchdata recently announced that the company has exceeded the 2.5 million unit mark for the commercial rollout of its SIMpass™ mobile proximity payment solution.

China Unicom commercially launched its Single-Card NFC solution with transportation application in Beijing on 31 December 2010, utilizing the 13.56MHz SIMpass™ product provided by Watchdata.

Watchdata is collaborating with Bank Asya to provide microSD-based mobile payment solution, the “DIT Mobil” in Turkey.

China Mobile Hangzhou Branch has announced the commercial launch of the Hangzhou Citizen Card for mobile phone after a seven-month trial.

China Telecom, China UnionPay (CUP) and Bank of China (BOC) have launched a new mobile payment service, the E Surfing Great Wall Card in Ningbo, Zhejiang.

The Institute of Microelectronics (IME), a research institute of the Agency for Science, Technology and Research (A*STAR) of Singapore, and Watchdata have partnered to develop on mobile payment solutions.

China Unicom Beijing Branch and Beijing Municipal Administration and Communications Card Co. (BMAC) have jointly launched a new mobile payment service using Watchdata’ SIMpass™ technology.

China UnionPay has collaborated with commercial banks, mobile operators, phone manufactures and other industry players to establish a new Mobile Payment Industry Alliance.