Apple Pay Expected to Launch in China by February 2016

November 24, 2015 1:12 PM

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Apple Pay Expected to Launch in China by February 2016

Apple plans to launch Apple Pay in mainland China before the weeklong Spring Festival starting February 8, 2016, also known as the Chinese New Year, according to The Wall Street Journal.

The report claims Apple recently reached deals with China's big four state-run banks to launch Apple Pay, but the iPhone maker could still face regulatory hurdles in the country.

Also read: Alibaba Financial Affiliate Seals Bank Deals for Alipay Expansion in Europe

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