Apple continues to be locked out of China’s massive mobile payments space. The latest reminder came this week when Beijing’s transportation system opened up to smartphone payments… via an Android app.
Already Tencent’s WeChat Pay and Alibaba’s Alipay services dominate China’s mobile payment space, which is estimated to have processed $3 trillion last year, but now Apple has missed out being part of what is sure to be a very convenient usage case.
The Financial Times reports that Beijing’s public transport payments company Yikatong launched an app for ‘most’ Android devices that allows commutes to ditch their physical card and pay fares via their phone.
Apple isn’t included most likely because its operating system doesn’t support third-party payments like Yikatong, instead favoring its own Apple Pay. But it is also worth noting that iOS accounts for just 16 percent of all smartphones in China, according to data from Kantar as of March. Though the figure…