Huawei has launched its mobile wallet service, formally dubbed as Huawei Pay, in Pakistan. This will be the fourth market in the world where the company’s mobile payment service will work. Huawei Pay, currently, is available in China, Russia, and Hong Kong.
For the service’s availability in Pakistan, Huawei has cooperated with UnionPay International and the National Bank of Pakistan. The Chinese financial services provider, UnionPay has partnered with Huawei for global expansion of Huawei Pay.
The service will initially be available to Huawei/Honor smartphone users. They just need to have an NBP UnionPay Virtual Card. Users can now visit Huawei AppGallery to download and install the Huawei Wallet app to start using the secure and quick payment experiences brought by Huawei Pay.
Huawei and UnionPay initially launched Huawei Pay service for the Chinese market on August 31, 2016. Later, on January 26, 2018, Huawei signed a global cooperation agreement with UnionPay to promote Huawei Pay’s globalization and accelerate overseas implementation. Today, Huawei Pay has officially been launched in Pakistan “marking an important milestone and laying a solid foundation for a broader global layout in the future.” The two companies already launched the service in Russia in December 2018.
Looking back at recent past years, we can tell that Huawei has expanded its businesses in Pakistan remarkably. It has made a significant contribution to Pakistan’s economy by providing business in different fields, most importantly telecom.
How Huawei Pay Works?
Huawei Pay, the mobile payment and digital wallet service is now the next big step towards digital innovation. It is an easy and secure way to make payments with your Huawei or Honor smartphones. You will not need to present your credit or debit card. Just add your NBP cards to Huawei Wallet on your phone, scan the in-store UnionPay QR code and finalize your payment.
UnionPay QR code scanning will probably available on most devices including mid-range ones. High-end smartphones will have a more convenient tap-to-pay function soon when the merchants are ready to accept contactless payments.
Press Statements
Adam Xiao, Managing Director of Huawei Mobile Services MEA, Consumer Business Group said at the occasion.
“Hand in hand with National Bank of Pakistan and UnionPay International, we are excited to launch this extraordinary technology product Huawei Pay for our consumers in Pakistan. Huawei Mobile Services aim to bring the latest technologies and services to global consumers, allowing more and more people to experience the convenience of the intelligent era and enjoy the joy of technology advancement”.
Also speaking at the occasion, Mr. Amin Manji, SEVP, Group Chief/CTO, Technology & Digitalization Group, informed: “NBP has launched a string of digital products including UPI EMV/Contactless Debit Cards, Virtual Cards and by bringing Huawei Pay to Pakistan this is an important achievement for NBP as it would further provide customers the choice of unique transaction set coupled with NBPs branch and ATM footprint across the length and breadth of Pakistan.”
The General Manager of UnionPay International Middle East Branch, Han Wang said,
“The launch of Huawei Pay will establish outstanding digital wallet experiences for Pakistani consumers. With continuous efforts to create innovative payment products with numerous technology solutions, UnionPay is very pleased to bring our cardholders and partners the exciting features and benefits with the more integrated, secure and convenient payment method and contribute to the local economy.”
