Webinar: Digital Payments in China

Predictions are that digital payments will account for 20% of all Chinese retail purchases by 2020, a staggering amount and one that is challenging not only the banks, but China UnionPay and regulators themselves. The China Digital Payments 2016 report looks at how new business models, market entrants and regulations are rapidly transforming China’s gigantic payment industry. 

Many familiar changes are afoot, such as significant improvements in the speed and convenience of payments as well as greater point-of-sale acceptance of both card and digital payments. These developments, however, highlight important considerations about how the payments business model is evolving. 

Payment Service Providers (PSPs) used to make money by directly charging fees to their customers. But will that be enough for the future? Or should PSPs actually offer these basic payment services for free while recouping their costs in other ways, such as through gathering consumer data and using it to offer other related services? 

The Digital Payments in China webinar will look at all of these topics and more in our 5th webinar of the year. 

Date: Wednesday July 20th, 2016
Time: 5:00 PM – 6:00 PM China Standard Time (BJ/HK/Singapore)

After registration you will receive a confirmation email containing information about joining the Webinar. Our webinars tend to book out, so we strongly recommend confirming your attendance early to ensure your spot. Join us and register today!

This webinar has already concluded, but the recording can be viewed below.

A copy of the China Digital Payments 2016 Webinar Slides can be downloaded here.

Click on the video below to start the webinar video playback. If for some reason the video player does not show, you may need to upgrade your browser or send us an email. Also, YouTube videos are not available in mainland China, so you may need to access in a different way.