Huawei’s Petal Payment is a mobile payment product based on Hongmeng system.

Recently, the People's Bank of China updated the licensing information for major changes in non-bank payment institutions and agreed to Shenzhen Xunlian Zhipay Network Co., Ltd. (referred to as "Xunlian Zhipay") to change its company name to "Petal Payment ( Shenzhen) Co., Ltd." (referred to as "Petal Payment"). This is a sign of new progress in Huawei's payment business.

Xunlianzhipay is a third-party payment license obtained by Huawei through acquisition in March 2021, becoming the second mobile phone manufacturer to have a payment license after Xiaomi. Xunlian Zhifu was originally a subsidiary of ZTE Software. It was later acquired by Zhengtong Shares and then by Huawei.

After winning CyberLink Pay, Huawei launched Huawei Pay in September 2021 and applied Huawei Pay to Huawei Developer Conference 2021 ticket sales in October 2021. According to the official website of the State Intellectual Property Office, Huawei applied for the Petal Payment trademark in October 2020 and was approved for registration in June 2022.

Now, Xunlianzhidao has officially changed its name to Petal Payment, which means that Huawei Pay will form a consistent brand image with products such as Hongmeng System and Petal Search.

The difference between Huawei Petal Pay and Alipay

According to Ma Chuanyong, President of Huawei Terminal Cloud Service Payment, Huawei Pay is not to compete with WeChat Pay and Alipay, but to build the Hongmeng ecosystem. Infrastructure, oriented to all scenarios and multiple terminals. He said that the new mobile payment form does not require "scanning" by opening the relevant mobile phone APP, but can be completed through any terminal such as mobile phones, watches, and cars.

For example, in travel scenarios, when Huawei mobile phone users drive near a gas station, they will receive a message service from a nearby gas station. The user can freely select the fuel number, amount, etc., and even pay with Huawei Refueling can be done without getting out of the car. In addition, users can activate Huawei Pay by entering Huawei Wallet and enjoy a variety of discounts and benefits.

Reference for the above content: Baidu Encyclopedia-Petal Payment