News

ICBC, UMPay and American Express roll out the ICBC Mobile Payment American Express Card

Thursday 12 November 2009 08:31 CET | News

The Industrial and Commercial Bank of China (ICBC), Chinese mobile payments company Union Mobile Pay (UMPay) and American Express have joined forces for the launch of the ICBC Mobile Payment American Express Card in China.

The dual-currency credit card integrates the credit card platform of ICBC, the mobile e-commerce services of UMPay, as well as the global merchant network and marketing resources of American Express, providing consumers with online, offline and mobile payment options.

Cardmembers need to designate their mobile phone number to their credit card account and activate their mobile payment function. They can also select merchants accepting mobile payments from their mobile phones, and authorise their payments for digital downloads, utilities and other online and offline items. Transactions will be charged (in USD or CNY) to their ICBC Mobile Payment American Express Card accounts.

So far, the Chinese credit card brand ICBC has issued over 50 million credit cards.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ICBC, UMPay, American Express, ICBC Mobile Payment American Express Card, dual-currency credit card
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events