Apple(US:AAPL) Huan Qiu Wang·2026-01-15 07:13Core Viewpoint - Apple expands Apple Pay's cross-border payment support for users in mainland China, allowing transactions with locally issued Visa credit and debit cards at global contactless payment merchants and online platforms [1] Group 1: Service Expansion - Apple Pay now supports cross-border payments for users in mainland China with Visa credit and debit cards issued by several major banks [3] - Additional banks, including Shanghai Pudong Development Bank and China Construction Bank, will gradually join the cross-border payment service in the coming months [3] - Users can easily set up Apple Pay through the latest bank app or directly via the Apple Wallet app on their devices [3] Group 2: Security Features - Each Apple Pay transaction requires dual authentication through Face ID, Touch ID, or device password, along with a one-time dynamic security code to ensure payment security [4] - Real card numbers are not stored on devices or Apple servers; instead, an encrypted device account is used to protect user payment information [4] - Apple Pay enhances online shopping convenience by eliminating the need for users to create additional accounts or repeatedly enter personal information [4]