According to the latest information, Huawei has officially registered the “Petal payment” trademark. The trademark application was filed in October 2020, and the international classifications are financial property management and scientific instruments. In addition, Huawei applied for the “Petal Payment” trademark for scientific instruments again in December 2021, and the current status of the trademark is pending substantive examination.
Huawei Pay has officially stated that Huawei Pay has reached 100 million monthly active users. Ma Chuanyong, president of Huawei’s terminal cloud service payment business group, said that Huawei Pay is not trying to compete with Alipay and WeChat Pay, they are still Huawei’s partners. Huawei Pay is to open up new payment scenarios, and cars are an incremental scenario.
Petal Payments coverage includes
- Real estate management
- Debit card payment processing
- Insurance information
- Electronic transfers
- Online banking
- Credit card payment processing
- Currency exchange
- e-wallet payment services
- Capital investment
With the launch of the HarmonyOS operating system, Huawei Pay is the infrastructure for building the Harmony ecosystem. Huawei Pay is for mobile phones, smart screens, tablets, computers, and cars, covering multiple terminals and all scenarios. In the future, Huawei Pay will explore more scenarios based on the HarmonyOS.
Meanwhile, Huawei is set to launch the upcoming HarmonyOS 3 on July 27, 2022. The company will launch a number of new products alongside the new OS.