China as one big ‘Sandbox’ of innovations

 

 

How Chinese innovations in payments will affect Europe

Rita Liu, Head Alipay EMEA
David Lee Kuo Chuen | Professor @ SIM Singapore, Entrepreneur, Director and Advisor

china-641112_640

 

China and India are perceived as the two key nations with the most innovations in the transaction space. China’s ecommerce market is still expanding and forecasted to reach $1 trillion in 2020. Mobile payment giants Alipay and WeChat Pay are going head to head to win market share as Alipay retains its lead. Next to that we see that Chinese payment providers do follow the affluent Chinese shoppers both at home and abroad. Chinese tourism to Europe is growing exponential. So “follow the client” is what we see happening. But will it be more? How will key Chinese payments developments effect the European payment landscape and what to expect from new entries in the European market. This track will discuss the key trends in China on payments innovation, next to key insights of the developments in Europe by one of the leading providers: Alipay. The session will be a dual presentation, leaving ample time for Q&A and discussion with the experts presenting.

  • @EuroPaySummit

    European Pymt Summit European Pymt Summit @EuroPaySummit And it's a wrap!!! Thank you everyone who came!!! https://t.co/cDsOMHiThj 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Closing keynote on #australia payment landscape by @victoriajane #eps2k17 https://t.co/znX32adaUB 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Deep diving on @Alipay & innovations from china with @chinafintech @DavidKChuenLEE https://t.co/l55WXQMF5Y 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @iDeal_Status demo on #iDin solution at #eps2k17 https://t.co/vm4udvcrH1 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @vikasmunshi on architecture against #fraud #eps2k17 https://t.co/24nmHBo4qZ 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Super cool! @XimedesSoftware https://t.co/EUDxgvhCJp 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit We r in the news! https://t.co/wYEnJ0gl0V 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @Finextra: PSD2 dominates discussion on day one of European Payments Summit https://t.co/kyuUPPkHM3 #fintech 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Now onto #identity discussion in Europe with @douwelycklama @ServidaAndrea gerardhartsink @GLEIF https://t.co/4W3gVzO410 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @jgrantindc #Identity is too big for anyone to solve - shd be a coalition of the willing - government telco corporations #eps2k17 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @alina_marginean: kick off second day #eps2k17 @endava Identity as the great enabler https://t.co/oeyCVzzceC 1 month ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @hdilorenzo84: Jeremy Grant @EuroPaySummit: "Authentication is getting easier, but identity proofing is getting harder!" #eps2k17 1 month ago
  • Also interesting
    Keynote on Identity & Security Brief at EPS
    Written on 21 November '17 by
    READ MORE
    EPS-Fintech Security Fair & Awards
    Written on 6 November '17 by
    READ MORE
    20% Early Bird Discount
    Written on 6 November '17 by
    READ MORE
  • News