LinQpay Inc. and Internet Payment Solutions (IPS) HK have reached an agreement to establish a joint venture that will provide mobile phone-based payment services for the Chinese market with the combination of LinQpay’s mobile payment solution with IPS’s Chinese payment platform. The service will be co-branded as IPS LinQpay, and is expected to be available [...]

Gemalto will partner with Taiwan’s Far EasTone Telecommunications to start Asia’s first mobile contactless SIM-based NFC trial in November. This trial is part of the GSM Association’s “Pay-Buy Mobile” initiative which seeks to define a common global approach to using NFC technology to link mobile devices with payment and contactless systems.

CDC Mobile has been selected by KFC China, a division of Yum! Brands, Inc., one of the world’s largest restaurant chains, to provide wireless promotional services. KFC has more than 1,800 restaurants in over 400 cities in mainland China.

Visa International is partnering with Chunghwa Telecom, Chinatrust Commercial Bank (CTCB) and Nokia to launch a public trial in Taiwan showcasing a feature-rich implementation of the Visa mobile platform. The trial will bring together NFC-enabled mobile phones, over-the-air (OTA) personalization, Visa payWave contactless payments and merchant direct marketing offers sent to the phone.

INSIDE Contactless recently said that its MicroRead® platform has been selected as the preferred NFC chip for China’s Chongqing Province contactless mobile payment commercial deployment. With a population of more than 31 million, this initiative represents the first large-scale commercial mobile payment deployment in the world.

Chongqing Commercial Bank, China Mobile Chongqing Branch and mobile payments provider Just In Mobile have jointly introduced a mobile payment service using contactless e-purse “buttons” that contain the application and stick to the back of the users’ handsets, according to Cardtechnology.

LUUP has announced its intentions to pursue business opportunities in China. With a mobile penetration of 35, 3% of the total population and a yearly growth of 17.32%, LUUP considers China to be the most important market for m-payments and remittance globally.

Eastcompeace, one of the world’s leading smart card manufacturers, has joined the Near Field Communication (NFC) Forum as an Associate Member. Joining the NFC Forum offers the company an opportunity to gain momentum as a provider of NFC-enabled smart cards for end users and the opportunity to be involved in the specification development and work [...]

Nokia and the merchant acquiring arm of China UnionPay have announced the launch of a trial in Shanghai allowing users to download a loyalty application over the air to their contactless NFC phones.

China Mobile Guangdong branch and the local transport operator in Guangzhou plan to launch their pilot of contactless ticketing and payment using NFC phones later this month, according to Card Technology. This will be the second NFC trial in China, following the Xiamen’s test in late June.