Peoples Bank of China, Ministry of Industry & Information Technology, China Unionpay and Chinova started up this year’s 3 day seminar of Payment Trends China 2011 in Shanghai.

Summary of Day 1 of the seminar – ‘Payment Trends China 2011’

The seminar was arranged by the Chinese private organizer Unicorn, the 9-11 March in Shanghai. With 200 delegates, over 40 participating companies in E-payments, Mobile payments, numerous international and domestic Banks and Telecom operators, and with distinguished government and industry speakers, the seminar gives a valuable insight in the world’s largest online payment market.

Chinova Asia Development, CEO Karl Alberts delivers a keynote speech on Cross-border Ecommerce and online payments, discussing lessons, drivers and challenges from Europe and predicting Chinese cross-border will show rapid growth and reach European levels of around 10%.

Several participants could conclude that this year the key focus of the seminar was different aspects of mobile payments where innovations of new payment systems, contactless payments, security as well as regulatory issues such as open value chain business models where discussed.

More information about Speakers, Topics and Agenda, see PDF

More information about the seminar: www.paymenttrends.com

More information about Chinova: www.chinova.com