JD.com 's flash payment suspends HCE payment

Thanks to CTOnews.com netizens for the clue delivery! CTOnews.com December 13 news, in recent years, a large number of NFC-based payment products have emerged, major platforms and mobile phone manufacturers have supported NFC payment function. At this time, China UnionPay launched the cloud payment service (HCE) to effectively regulate the NFC payment market, and JD.com, as an industry giant, naturally also provided the HCE payment function.

According to an official announcement, the JD.com flash HCE function will be suspended from December 31, 2022 because of a system upgrade, but the mobile phone models listed on JD.com App's JD.com flash payment page that support JD.com flash payment will not be affected.

CTOnews.com learned that UnionPay cloud payment product is a kind of mobile payment product based on HCE technology and implemented in bank mobile client. Through UnionPay cloud payment products, users can load bank cards in the air in the bank mobile phone client and complete fast online transactions on contactless flash terminals.

HCE service is a mobile payment cooperation project carried out by member institutions and UnionPay, which effectively reduces the deployment cost of NFC near-field payment, speeds up the popularity of flash transactions, and can further improve the activation rate and utilization rate of flash cards.