OnePlus announces plans for OnePlus Pay launch

Chinese smartphone maker OnePlus has announced the launch OnePlus Pay, a digital payments service.

With a debut set for 2020, there’s some speculation about OnePlus Pay being an alternative to Google Pay and other UPI-based services, but the company said the users won’t need a physical wallet, which could also mean a cards-plus-wallet service with tokenization.

OnePlus hasn’t mentioned what technology it will be using or what banks it will support, nor what countries will target with its new payment system.

Source: The Paypers


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