Huawei is turning all its smartphones to Point-of-Sale (POS) machines based on the NFC technology, which means potentially hundreds of millions of POS machines. Merchants only need to activate online billing service to receive payment without any traditional POS machine or QR code.
Huawei Pay made its debut on August 31, 2016, under a joint branding of Huawei and China UnionPay. On January 26, 2018, Huawei teamed up with UnionPay International to promote Huawei Pay globalization and accelerate overseas implementation.
Under this agreement, Huawei and Honor smartphone users outside China are able to make a quick payment simply by placing phones near a UnionPay-supported POS terminal, which could be another NFC enabled smartphone or an NFC tag.
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