Alipay has launched a new sound wave app for Android and iPhone IOS operating system devices in China that will, for the first time, allow users to pay for consumer transactions with their smartphone.<br /><br />The Alipay Wallet App has been launched in Beijing Subway stations and will allow app users to make purchases at soft drink vending machines.<br /><br />Uniquely calibrated white noise sound waves are generated by the smart phone device and received by the payment kiosk in the vending machine. Alipay claims the "wallet-free" transaction is processed in under one minute and that white noise data information is scrambled after five minutes to protect a user's cyber security. <br /><br />The Alipay Wallet App enables users to electronically store and manage a variety of payment media including credit cards, gift certificates and discount coupons.<br /><br />If the trial proves successful in the Beijing Subway, Alipay intends to expand its net of sound wave payment kiosks to include convenience stores along the subway lines.<br /><br />FOR MORE NEXT MEDIA ANIMATION, GO TO: http://www.youtube.com/subscription_center?add_user=NMAWorldEdition <br /><br />FOR MORE NEXT MEDIA ANIMATION IN ENGLISH, GO TO: http://www.youtube.com/subscription_center?add_user=NMAtv <br /><br />FOR MORE TOMONEWS US, GO TO:<br />http://www.youtube.com/subscription_center?add_user=TomoNewsUS <br /><br />FOR MORE TOMONEWS JP, GO TO: http://www.youtube.com/subscription_center?add_user=TomoNewsJP <br /><br />FOR MORE APPLE DAILY ENGLISH, GO TO: http://www.youtube.com/subscription_center?add_user=AppleDailyEnglish <br /><br />CHECK OUT THE ODDBODS!<br />http://www.youtube.com/user/nxTomo
