The progress of the two "petal payment" trademarks applied by Huawei Technologies Co., Ltd. has been changed to "registered". The two trademark applications were filed in October 2020, and the international classifications are financial property management and scientific instruments. In addition, in December 2021, Huawei applied for the "petal payment" trademark for scientific instruments again, and the current status of the trademark is pending substantive examination.
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; providing discounts to others at participating institutions through the use of membership cards.
Recently, Huawei Pay has reached 100 million monthly active users. Ma Chuanyong, president of Huawei's terminal cloud service payment business group, said today 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.
With the launch of the Hongmeng 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 Hongmeng OS.