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What does UnionPay cloud payment mean?

China UnionPay launched mobile payment products based on HCE technology.

UnionPay cloud payment is a mobile payment product based on HCE technology launched by China UnionPay, which can load the bank card in the air on the mobile phone client of the bank and complete the fast online transaction on the contactless flash payment terminal. Users can choose their own bank cards on the mobile phone client, and then pay online through cloud payment.

UnionPay cloud payment adopts the latest cloud computing technology, based on the account system, covering online and offline consumption scenarios, and providing users with convenient, fast, safe and reliable payment services.