Social Networks, e-Commerce, Digital Payment in China: What It Means for Other Countries

 

 

alipay_at_market

Can you go cashless buying eggs at your favourite markets in Asia?  Check out this picture (from the report) of a wet market eggs seller equipped with Alipay for payments! Can ‘cashless’ be a reality for Southeast Asia’s many cities and markets?!

The Better Than Cash Alliance Research Series

As governments and businesses worldwide look to boost financial inclusion and growth, the power of digital payments is becoming increasingly apparent. Notably in poor communities, digital payments are proving to be an effective way to open up new economic opportunities and markets for individuals and small businesses. ….

To help businesses and policymakers in other countries learn from these experiences in China, this report focuses on two major Chinese companies that have built on their existing e-commerce platforms and social networks to drive the uptake and usage of digital payments significantly, and support broader financial inclusion and economic activity.

At GPS 2017, Zennon MD of KapronAsia, one of the authors of this report will jointly discuss key findings of the report with representatives from UN.

 

Download report here…

Social network financial inclusion digital payment

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @BankservAfrica: Your week in payments: #EFInA and partners focus on deepening #financial inclusion in #Nigeria; #McKinsey releases a re… 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @richardturrin: A bold move by China. The first major digital currency. What do you think? @thepsironi @psb_dc @UrsBolt @BrettKing @k 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Don`t miss out the African Women in FinTech & Payments (AWFP) perspective on #digitalpayments, #diversity and… https://t.co/gabwLCt54U 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @cenfri_org: What does the future of #payments look like? Read some thoughts from @BankservAfrica below 👇and explore our work with @FSDA 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Nigeria’s largest mobile operator is about to become a bank https://t.co/qcq486dICV #Banking #fintech #mobileoperator 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @Nomanini: Really interesting interview about #FinancialInclusion in #Mozambique with Esselina Macome from @FSDmoc_ https://t.co/A3hGsYO 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ThePaypers: Florin Asia Innovation Awards 2019 🏆 - Don`t miss the opportunity to showcase your key innovative power for the Asia region… 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Singaporean FOMO Pay partners with Kenya's WAPI Pay to provide payment solutions between Asia & Africa https://t.co/Itrx 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @EP_Africa: Did you know Ghana has recently become the fastest-growing mobile money market in Africa? The phenomenon opens enormous e-co… 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @MeFintech: Artificial Intelligence to boost Middle East’s GDP by 11% by 2030: PwC https://t.co/qm3hStm5yd #AI #ArtificialIntelligence #… 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Kenya’s rising #fintech: Africa’s pride https://t.co/8Bl0obRtW6 #economy #ecosystem #financialservices 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Africa’s own #cryptocurrency, SAFCOIN Africa, launches https://t.co/W6qujz7oyC #crypto #fintech 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: $75m World Bank fund launched to support Tunisian #startups https://t.co/oKaMdbI8sI #banking #funding #financialservices 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Opera founded #startup OPay raises $50M for mobile #finance in Nigeria https://t.co/usdv0GIe7k #fintech #mobilepayment 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit .@cenfri_org, our supporting partner for Africa Global Payments Summit, has joined us in our journey through key tr… https://t.co/UOymZR56zg 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @PaymentsNet: Indonesia's ride-hailing @gojekindonesia is set to announce partnership with Thailand’s lender @scb_thailand, putting pres… 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Don`t miss the chance to showcase your #payment solution at our #Asia GPS and stand a chance to win the Florin… https://t.co/vA4Z0UxLmc 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SADCBanking: Regional Payment Systems can Boost Scale in sub-Saharan Africa - https://t.co/XfUMZDM7Vc 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Africa in the forefront as #fintech becomes the ‘new normal’ https://t.co/Yq3d4PCONh #financialservices #digitaltransfor 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit We are pleased to announce our ongoing collaborative partnership with @PAN_Namibia, the #Payments Association of Na… https://t.co/ftY0QGYpnO 7 weeks ago
  • Also interesting
    CALL FOR ENTRIES – FLORIN ASIA INNOVATION AWARDS 2019
    Written on 29 July '19 by
    READ MORE
    Announcing the ASIA - Global Payment Summit
    Written on 10 April '19 by
    READ MORE
    Global Payment Challenges
    Written on 10 September '18 by
    READ MORE
  • Speakers 2018