Apple has signed a cooperation agreement with the Chinese bank "UnionPay", a consortium controlled by the state that has a monopoly on all payment cards in yuan for use in China.
However, "UnionPay" has announced that it will cooperate with Samsung,
but for the same service as with Apple, it payment services through smart phones.
China is a very important market Apple and Samsung movements analysts see as an attempt to occupy a good position in the Chinese market ..
Some analysts see agreement between Samsung and the "UnionPay" as an opportunity for the South Korean company to sell its devices and Samsung Pay will not be a serious threat to Apple's payment platform.