Truth | Apple Pay, Samsung Pay, HUAWEI Pay are the same?

Set micro-network news, text / Chen Hao today (February 18) The most exciting news in the domestic technology circle and the banking circle is the Apple Pay incident. The author has a lot of friends, set the alarm clock early, waiting for the first time to witness Apple Pay at 5 o'clock in the morning.

Since Apple released the iPhone 6 in September 2014, the voice of Apple Pay has never been interrupted. After more than a year of twists and turns, it finally entered China smoothly, even more than rumors that Samsung Pay will enter China at the end of 2015. Still earlier.


On December 18th, China UnionPay announced that it has entered into cooperation with Samsung Samsung Pay and Apple's Apple Pay to fully enter the mobile payment field. However, the specific news was not disclosed. Until February 15th after the Spring Festival, GF and CCB announced the information on Apple Pay online through the WeChat public channel. The first banks supporting Apple Pay will be supported by 12 banks including Agricultural Bank, Bank of China, Bank of Shanghai, China Construction Bank, China CITIC Bank, China Merchants Bank, Minsheng Bank, Guangfa Bank, ICBC, Industrial Bank, Postal Savings Bank and Pudong Development Bank. Apple Pay. Subsequently, 7 banks of China Everbright Bank, Ping An Bank, Guangzhou Bank, Hua Xia Bank, Bank of Communications, Bank of Ningbo and Bank of Beijing will also continue to support Apple Pay.


Apple Pay is actually a near-field mobile payment technology. With this technology, users can bind debit or credit cards to Apple devices that support the technology. Using NFC (Near Field Communication) technology, when the payment is close to the POS terminal that supports the UnionPay cloud flash, the screen will automatically light up, and then the Touch ID fingerprint can be used to complete the payment operation.


Mobile payment is safe because it can be completely out of the Internet, based on NFC technology, guaranteed by trusted hardware/virtual hardware, trusted execution environment (TEE) and trusted service (SE). Safety.


For example, Apple Pay is based on NFC technology and uses Touch ID+TEE+eSE to ensure security. When paying offline, use NFC payment, use Touch ID instead of password to encrypt and verify, and eSE chip generates one-time token instead of payment account, bank and merchant can only see transaction information. Online payment does not require NFC, and the fingerprint is directly verified.

Unlike Apple Pay, Samsung Pay not only supports NFC technology, but also supports MST (Magnetic Signal Security Transmission Technology). In other words, not only POS terminals that support UnionPay cloud flash payment, but also almost all POS terminals that can swipe cards can use Samsung Pay.


At present, there are more than 12 million POS terminals in China, about 4 million POS terminals supporting UnionPay cloud flash payment, and Apple Pay's offline use range is 4 million upgraded POS terminals. After Samsung Pay is online, you can Swipe on more than 90% of POS terminals. I have to say that this is a big killer for Samsung.


In the field of mobile payment, foreign manufacturers are fierce, but domestic mobile phone manufacturers are not waiting for it. Lenovo is the first mobile phone manufacturer to announce support for NFC mobile payment. At present, the music lemon K3 is Lenovo's first mobile phone manufacturer supporting NFC mobile payment. HUAWEI PAY is the first mobile phone manufacturer to be compatible with NFC mobile payments.

The implementation of HUAWEI Pay is similar to Apple Pay. It is also a full-mobile mode mobile near-field payment based on the built-in security module eSE+NFC+TEE+ fingerprint recognition function. It can support binding of 8 bank cards at the same time.


According to Wang Yanhui, secretary general of the China Mobile Alliance, at present, only Apple and Huawei independently developed their own TEE system in all mobile phone brands based on NFC mobile payment. Other brands including Samsung have adopted third-party solutions. Simply put, TEE is a technology that protects the security of mobile phones. It is a kind of software, but it needs hardware support to be realized. At present, WeChat and Alipay also use TEE technology.


However, not all mobile phones that support NFC mobile payment can be commercialized. Only through the certification test of UnionPay, can it be finally commercialized. The general authentication time is two months. According to the introduction of UnionPay, the credible execution environment technical specification is an authentication system established in accordance with the requirements of currency production and combined with the characteristics of computers. Apple Pay and Samsung Pay were the first to receive the standard certification issued by UnionPay. According to Huawei, HUAWEI Pay has met the UnionPay certification standards and is expected to be commercially available soon.


So, is it possible to launch an NFC mobile payment mobile phone without TEE technology? In fact, mobile phone manufacturers only need to cooperate with third-party TEE and pass the standard certification test of UnionPay to get commercial use. A third-party solution adopted by Samsung Pay.


At the time of all kinds of Pay competition, China UnionPay is also committed to launch its own secure payment system - U Pay. Among them, the TEE part is jointly launched by China UnionPay and Wedge to launch the N3 TEE security operating system.


The N3 TEE technology was jointly developed by Wedge and UnionPay. Wedge's mobile security solution, called WatchTrust, includes N3 TEE technology, eSE technology, etc., to provide customers with a complete mobile payment security solution.


At the same time, in order to protect NFC non-contact transaction security, Wedge's WatchTrust solution also integrates high-security eSE products to fully meet strict financial security standards. Together with TEE, eSE constitutes a complete mobile payment solution for end devices.


It is reported that Lenovo's first NFC mobile payment mobile phone music lemon K3 is the use of Wedge's WatchTrust program, has been tested in the UnionPay test, this phone is likely to be the first commercial NFC mobile payment phone in China.


According to a survey conducted by market research firm Kantar in the United States, as of April this year, more than 75% of iPhone 6 and 6 Plus users have never used Apple Pay. However, there is a premise that we must know that in the United States, only 200,000 POS terminals supporting NFC flash payment, and POS terminals supporting NFC flash payment in China are 20 times that of the United States.


Mobile payments are far better than the United States, both in size and in the environment. China is the world's largest mobile phone netizen and bank card user market. Mobile online banking represents potential payment users and payment terminals. Each bank card corresponds to a paid bank account. As of 2015, the number of mobile Internet users in China reached 620 million; as of the third quarter of 2015, China’s bank cards totaled 5.252 billion; according to CNNIC statistics, as of December 2015, China’s mobile online payment users reached 358 million, accounting for all 57.74% of mobile Internet users.


With Apple Pay's entry into China, the battle for mobile payments is on the verge. In addition to Apple, Samsung, and Huawei, ZTE and Xiaomi are also making secret efforts, hoping to launch their own mobile payment products as soon as possible. Who will win in the new round of war? Can Samsung regain its momentum through the lead of Samsung Pay? It is not known at this time, but it can be confirmed that NFC mobile payment is likely to become the standard for the 2016 flagship model.