Apple(US:AAPL) Shang Hai Zheng Quan Bao·2026-01-15 02:26Core Insights - Apple expands Apple Pay's cross-border payment support for users holding Visa credit and debit cards issued by several Chinese banks, enhancing the payment experience for travelers [1][3] Group 1: Apple Pay Expansion - Apple Pay now supports cross-border payments for users with Visa cards from major Chinese banks, including ICBC, Bank of China, and others [1][3] - Additional banks, such as SPDB, China Construction Bank, and China Minsheng Bank, will support this feature in the coming months [3] - Mastercard is also preparing to launch this functionality for certain cardholders in the upcoming months [3] Group 2: User Experience and Security - Users can add their Visa cards to the Apple Wallet app via their bank's app or directly through the Wallet app on their iPhone [3] - Each Apple Pay transaction requires authentication through Face ID, Touch ID, or a device password, along with a one-time dynamic security code for enhanced security [4] Group 3: Historical Context - Apple Pay was launched in China in December 2015 in partnership with China UnionPay, making China the first Asian country to support Apple Pay [4] - Visa has been a long-standing partner of Apple Pay since its initial release in the U.S. in September 2014 [6]