Are You China Ready?
As part of our China Ready Programming, AOT is pleased to bring to you the following webinar on CITCON, a Chinese mobile payment system:
WEBINAR: CITCON—Chinese Mobile Payment System: How It Works and Why You Need It!—with
Congli Huang, Senior Business Development Manager, CITCON
DATE: Thursday, August 23, 2018
TIME: 11:00 am – 12:00 pm Mountain Standard Time
Webex Link: https://azgov.webex.com/azgov/j.php?MTID=mc70cddf3220d13d3e2ec6e4684c0bb3f
AUDIO CONNECTION: +1-240-454-0879 USA Toll /Access code: 800 215 890
Why You Should be on This Call:
The Chinese inbound tourism market is growing. Last year, Arizona saw 81,400 Chinese visitors: a 162% increase since 2012. Today, the volume of Chinese mobile payment systems is a $5 Trillion Dollar business. The Chinese prefer this system as it is safe, convenient and inexpensive. CITCON is the only authorized payment service provider for China’s largest mobile payment systems – WeChat Pay and Alipay (as well as UnionPay).
WeChat Pay and Alipay are the most popular and convenient payment options for Chinese consumers to purchase goods and services overseas in Chinese Yuan and for transactions to be settled in US Dollars. Adding these payment options allows businesses to gain the opportunity to better serve the Chinese traveler, and tap into an even larger revenue stream from these travelers who are the largest spenders, the fastest growing overseas travel segment to North America and the fourth largest overseas market for Arizona.*
For more information on CITCON and mobile payment, please see:
1. Media interview by ABC 7 in San Francisco.
*Sources: International Travel White Paper 2017 and AOT Research Division.