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UnionPay and Huawei reached Hongmeng to deepen cooperation, Hongmeng ecological mobile payment map to meet the milestone progress

2024-05-30 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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On December 20, at the China UnionPay Center Building, China UnionPay and Huawei held a signing ceremony for Hongmeng to deepen cooperation. Previously, China UnionPay had started the development of Hongmeng native application of Cloud Flash App based on HarmonyOS NEXT, and this deepening cooperation UnionPay also announced that it would "Hongmeng" service capability by fully launching Hongmeng native adaptation such as Cloud Flash SDK, UnionPay SDK, Transit QR Code SDK, as well as user basic functions such as registration, login, card binding, card management, QR code, online controls and other value-added services. This deepening cooperation will not only expand the territory of mobile payment network under Hongmeng ecology, but also accelerate the process of more than 30 million cooperative merchants reached by UnionPay.

China UnionPay is a joint organization of bank cards in China, which is in the core and hub position of China's bank card industry, and is also one of the three major bank card brands in the world. Since its establishment, under the unified leadership of the people's Bank of China, China UnionPay has played an important role in serving economic and social development, improving people's livelihood, raising the level of financial services, and promoting the construction of China's modern payment system. At the same time, in order to meet the needs of users' one-stop management of bank cards in the mobile era, UnionPay launched the "unified banking mobile payment APP"-Cloud flash pay in 2017. Over the past six years, UnionPay has formed a mobile payment product system with cloud flash payment as the core, with more than 500 million registered users, establishing cooperative relations with nearly 3000 million merchants and working closely with nearly 2000 banks. comprehensive coverage of food, housing, transportation, shopping and other areas of daily consumption.

UnionPay and Huawei have been working together for seven years, and the two sides have established a good brand identity and a comprehensive basis for cooperation. Based on the multi-faceted cooperation between UnionPay and Hongmeng, especially the unique advantages of Cloud Flash in merchants and Huimin, future users can not only experience a more high-quality, innovative and secure full-scene payment experience through Hongmeng's original Cloud Flash App, but also empower the infrastructure infrastructure capabilities of UnionPay and Cloud Flash to more partners through SDK, helping UnionPay Cloud Flash to further broaden the usage scenarios under Hongmeng's ecology.

Hu Haozhong, executive vice president of China UnionPay, said that Hongmeng is a panoramic operating system for the Internet of everything, and speeding up cooperation with Hongmeng is to seize the strategic commanding heights of future ecological construction. Hongmeng can connect smartphones, cars, tablets and other devices and terminals, precipitate UnionPay payments into Hongmeng's operating system, and create Hongmeng ecological payment infrastructure, which can meet the future environment of the Internet of things. Cross-scene, multi-terminal payment needs, will bring more convenient and richer payment experience for the majority of users, and play a positive exemplary role in the development of the industry.

Zhu Yonggang, president of Huawei Terminal Cloud Services, said that UnionPay chose to continue to deepen cooperation with Huawei in Hongmeng, effectively expanding Hongmeng's mobile payment landscape. Huawei provides full-scene technical support based on HarmonyOS, while UnionPay uses years of financial capacity to empower Hongmeng ecology. In the future, relying on the accumulation of UnionPay in the financial field and taking advantage of Hongmeng's full scene, the two sides will work together to serve more users and build an efficient and fast IoE panoramic payment experience for users.

Since Huawei announced in September that HarmonyOS NEXT was ready and Hongmeng's native application was fully launched, the development momentum of Hongmeng ecology has continued to rise, which has aroused great concern of the whole society. Data show that so far, more than 100 head enterprises have joined the Hongmeng native application camp, covering more than 10 areas, such as travel navigation, audio-visual entertainment, news reading, practical tools, tourism and accommodation, financial management, convenient life, food, games and so on. The accession of China UnionPay is bound to form a demonstration effect, attract more application manufacturers and developers to join Hongmeng, and jointly promote the momentum of "Hongmeng Qianfan", and then lead the mobile payment ecology to achieve a historic leap.

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