NFC and QR mobile payments service launches in Pakistan

UnionPay, Huawei and National Bank of Pakistan (NBP) have launched a mobile payments service that lets owners of Huawei and Honor NFC phones use a single mobile wallet app to pay at any merchant equipped to accept either contactless or QR code payments. The dual payments function of UnionPay’s mobile payment products adds QR code-based payment on to contactless payment, and can be applied to any NFC-enabled smartphone, UnionPay explains.