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Xiaomi QuickPass mobile payment system coming soon

Xiaomi Mi 5 Android handset,
Xiaomi Mi 5
The phone maker and UnionPay are working on QuickPass, a mobile wallet for Xiaomi handsets, but its date of arrival is unknown for now.
Codrut Nistor,
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When talking about smartphone-driven services, mobile payments are currently growing at a steady rate and this trend is not going to change too soon. However, grabbing a consistent slice of the market is not that easy, since big players like Apple, Google, and Samsung have been active in this field for a while already. Nevertheless, Xiaomi has decided to join this market as well, and its upcoming mobile wallet will launch as QuickPass.

Xinhuanet has just revealed that "Xiaomi has announced plans to work with national bank card association China UnionPay to grab a bigger share of the growing mobile payment market." Unfortunately, they did not uncover any details concerning the date when the QuickPass service is scheduled to go live with full support for Xiaomi's handsets. 

Last year, Xiaomi was the top smartphone seller in China. According to analysts, the local mobile payment market processed no less than 2.52 trillion USD during 2015. The market is currently dominated by Alibaba and Tencent, but both Apple Pay and Samsung Pay entered China earlier this year.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5441 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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Codrut Nistor, 2016-04-25 (Update: 2016-04-25)