A man learns how to use Apple Pay at a bank in Hangzhou, capital of Zhejiang province. Long Wei / For China Daily
Jennifer Bailey, vice-president of Apple Pay, told financial media outlet Caixin that the company aims to encourage every one of its iPhone users to opt for Apple Pay.
According to Bailey, 97 percent of Apple Pay users are very satisfied with the service and the promotion is designed to attract more first-time users.
In the first quarter of 2017, Alipay and WeChat Pay, respectively, accounted for 53.7 percent and 39.5 percent of China's third-party mobile payment market, data from the Beijing-based research agency Analysys show.
Li Chao, an analyst at iResearch Consulting Group, said Chinese consumers have been accustomed to using Alipay and WeChat Pay, whose services can be installed in all kinds of mobile devices and be initiated by scanning quick responsive codes.
"Apple Pay, however, is only available on iPhones. It takes huge resources to change consumers' established habits. The promotion campaign may be effective in short term. But in the long term, Apple need to come up with more services to differentiate itself from its rivals" Li said.
Liu Chang, a software engineer in Shenzhen, said: "The 50 percent discount offering is attractive, but since WeChat Pay and Alipay are already very convenient, why should I bother to use Apple Pay."
masi@chinadaily.com.cn
China unit gets new head
Apple Inc has appointed a new head for its China business, as the US tech giant scrambles to boost sales in its second-largest market and defy mounting competition from local rivals.
Isabel Ge Mahe, who has led Apple's wireless technologies software engineering teams for nine years, was named vice-president and managing director of China, Apple said on its official website on Wednesday.
In this newly created role, Ge will report directly to Chief Executive Officer Tim Cook and Chief Operating Officer Jeff Williams. She will provide leadership and coordination across the company's China-based team.
Cook said in a statement that Ge "has dedicated a great deal of her time in recent years to delivering innovation for the benefit of Apple customers in China, and we look forward to making even greater contributions under her leadership".
The appointment came as Apple steps up its investment in China to offer more localized services and outcompete local competitors such as Huawei Technologies Co Ltd. Earlier this month, the US company said it would invest $1 billion to build its first China data center in Guizhou province.
Ge, who was born in Liaoning province, has worked closely with Apple's research and development team and carrier partners to develop new China-specific features for the iPhone and iPad, such as enabling the use of a phone number as an Apple ID.
(China Daily 07/20/2017 page13)