Payment Innovation (China) Summit - PICS 2011

Payment Innovation (China) Summit 2011 to be Convened in November in Shanghai China

2011-6-29

Shanghai, China-With the support from relevant authoritative organizations, the outstanding Payment Innovation (China) Summit 2011(PICS 2011), organized by China Decision Makers Consultancy (CDMC), will be convened in Shanghai，China, on November 10th‾11th, 2011, expectedly a grand gathering of 300+ senior level executives from payment fraternity in China and elsewhere around the world.

With the rapid and stable development of China’s economy, unprecedented prosperity of e-commerce, the increased demand and expectations on payment products and payment services from the large number of internet users and mobile users, China sees a tremendous growth in payment industry. What’s more, driven by the improvement in payment regulatory environment, electronization in traditional business such as airlines, insurance, fund, logistic and other industries, China’s payment industry is ushering in a golden era of development and “INNOVATION” will be the premier proposition in the era. It is predicted that China’s e-payment transaction volume will exceed 2 trillion Yuan and mobile payment transaction volume will exceed 100 billion Yuan by 2011.

Concentrating on “INNOVATIONS-Shaping China’s Payment Industry”, more than 25 renowned speakers will gather together in PICS 2011 and exchange their sparking views on the hotspots in China’s payment regulations, payment systems, card business, cash management, non-bank payment, online payment, mobile payment and explore the integration and collaboration opportunities. PICS 2011 is committed to provide the industry peers with a premier networking platform to understand industry policies from central bank, to explore market trend, to grow business and to forge collaboration.