The Chinese smartphone giant- Huawei striving to develop its mobile payment sector. The company recently announced the entry passes of the Huawei Developer Conference 2021 (Together) can be purchased via its online transaction platform- Huawei Pay.
In 2016, this Shenzhen-based company initiated the Huawei Pay service incorporation with China UnionPay. Later when the Huawei Mate 40 smartphone debuted, it introduced digital yuan hardware wallet support in alliance with China central Bank.
As time goes, the Chinese tech giant accelerates its activity in the online payment sector. In this line, it obtained a nationwide mobile payment service license in March this year. The company fully owned the Xunlian Zhipay with 100% shares and becomes its new sharer.
Afterward, the company counted among few Chinese firms such as smartphone maker Xiaomi, ByteDance, and online retailer Pinduoduo to acquire payment licenses. In addition, it can save a large number of third-party fees.
