Disruptions in Digital Payments in China 2013 – what does this mean for you?

 

China, the world’s fastest growing major economy, is seeing high adoption rates of new technologies amongst the rising middle class and other key segments. Local and foreign companies across a wide spectrum of industries stand to be affected as this rapidly shapes digital payments locally, regionally and globally. If you missed this, you can catch the free webinar replay here. Also check out the Q&A from the event.

 

imageJack Ma of Alipay threw down a challenge in his recent visit to the USA – Alipay plans to enter USA. Boosted by the largest markets in the world, Chinese providers are starting to set their sights on even larger and more distant prizes. At Shift Thought we have obtained many actionable insights from our recent in-depth studies across 19 key Asia Pacific emerging economies and truly believe that what we have found out could have far reaching impacts on businesses around the world. As part of our business of tracking the evolution of mobile payments and digital commerce around the world, we have spotted genuine opportunities beginning to present themselves in China for those who have ambitions of entering this lucrative market.

Shift Thought brings you a strategically important Webinar to share highlights of our latest report “Digital Money in China 2013”.

China, one of the largest and fastest-growing payments markets in the world, is undergoing rapid transformation. Renowned as a particularly difficult market to enter, recent developments make it a hard to ignore opportunity....

  • 250 new third party non bank providers in place are offering mobile payment services
  • Mobile payment standards are being finalised
  • High speed mobile networks are more widely available than before
  • Low cost smartphones are common and ready for mobile payments
  • Regulators are now issuing payment licences which even include foreign companies

So how do you take advantage of this opportune time?

Having attempted to enter this market on behalf of large mobile operator groups, global banks and money transfer operators, we at Shift Thought recognised the need for a navigational tool to steer entrants in their ambitions relating to entry into the China payments market.

In this free webinar we will explore the Chinese payments ecosystem and digital money initiatives. We will offer some of the analysis and learning from our recently completed  report “Digital Money in China 2013”. Additionally this webinar provides a valuable insight and robust intelligence into a complex and previously perilous market to enter, in order to help you identify, develop or refine your strategy.

  When?   Instant replay now available of our live webinar
  Tuesday 24th  September at 2.00pm GMT (1.00pm CET, 9.00am EST).
  20 minutes live presentation with 10 minutes Q&A to follow
  Where?   To view the replay click here.
  Presenter   Charmaine Oak, Payments and Remittances Expert,
  Digital Money Practice Lead, Shift Thought

We look forward to speaking to you then!

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This entry was posted in Asia Pacific, China, Digital Money, Digital Payments by Charmaine Oak. Bookmark the permalink.

About Charmaine Oak

Charmaine Oak is the practice lead for Digital Money at Shift Thought. She has over 27 years of experience of creating and delivering solutions to market. Her skills and experience are at the intersection of mobile, banking and payments. She brings a unique perspective, having contributed to significant ventures at leading global companies: Western Union - one of the world’s largest financial brands, France Telecom/Orange – a leading mobile operator, Royal Bank of Scotland – a leading bank, LogicaCMG – the Pioneer in SMS and Wipro – one of the world's largest IT service providers.