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The smart life in China

The smart life in China - ITU · 2017-09-28 · Store marketing campaign operations Distribute marketing and signage materials. ... SMART LIFE • RETAIL ... Xmas Eve . 12; 10 89

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The smart life in China

Life is changing...

Catering Payment

Before After

Vending Machine

Before After

Parking Payment

Before After

Bus ticket Payment

Before After

Before After

Medical Payment

Before After

Gas station payment

2017 MOBILE PAYMENT USAGE IN CHINA REPORT

Smart Life: A Cashless RealitySeptember 2017

How do we make the change

Direct Transfer Receive Money Red Packets Go Dutch

WeChat Pay, Gamify payment and make it social

W e C h a t Monthly Active Usersreached 963 Million in 2017Q2

32 Billion WeChat red packet sent in 2016 spring festival period(6 days)

In 2016 spring festival period (6 days), Over�500 million active users using WeChat red packet

WeChat�Pay,�is�not�just�a�payment�method

WeChat�Pay,�bring�the�convenience�to�online & offline

Pay via Official Account

Mini Program, or Web

In-App Pay

Scan merchant dynamic QR Code to pay

Be scanned to pay by a POS machine

Payment Service Provider (PSP) is a KEY

Users WeChat pay MerchantBusiness Enterprises / SMB / NGO / Government

Payment Service ProvidersTechnical service; Industry specific solutions; Provide POS machine hardware; Store marketing campaign operationsDistribute marketing and signage materials

To�Build�A�Strong�and�Best-In-Class�Cross�Border�Payment�Ecosystem

An Open, Fair and Independent Environment for Payment service Providers

OpenFair Independent