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| Report on 2nd Contactless Payments Seminar |
28 June 2007: Jinglun Hotel, Beijing
2nd China Contactless Payments Seminar
The second in the series of Contactless Payments Seminars which APSCA will organise across cities in China in 2007, was held at the Jinglun Hotel, in Beijing on 28 June.
Who attended
75 delegates, including 35 bankers attended the seminar. Over 70% of delegates were from organisations issuing or acquiring cards. Over 50% of delegates were heads of business units, VP or CxO level.
 
Seminar speakers
The following speakers made presentations and participated in the Q&A session with delegates:
- Silvester Prakasam,
Deputy Director, Fare Systems,
Land Transport Authority of Singapore
- Virginia Tai,
Marketing Manager, Consumer Banking,
Taipei Fubon Commercial Bank
- Tac Watanabe,
Member of the EMVCo Board of Managers
EMVCo
- Christopher Ong,
Sales Director
ViVOtech
- Jean-Philippe Ruault, FS & IDS Marketing
Director, North Asia
Gemalto
- Kelvin Lu, Associate Vice President, Advanced Payments
MasterCard Worldwide
- Ross Chang, Director, APSCA Taiwan
Highlights of discussions and Q&A
Following are some of the issues and points which were raised by seminar delegates. All the following questions were asked by banks and transport operators:
- Are the contactless transactions for Taipei Fubon Bank credit cards, online or offline?
- How should risk be managed for contactless payment cards in bank-transport card schemes?
- What risk management procedures are required for no signature transactions on contactless cards?
- How should banks in China best develop an EMV acceptance business model?
- For offline contactless transactions, what is the difference between CDA and DDA cards?
Key conclusions from the seminar
As with the first contactless payments seminar in Shanghai in April, APSCA conducted face-to-face meetings with banks in Beijing before the seminar. The following conclusions have been drawn from those meetings and from the discussions and questions in the Beijing seminar. The number of bankers participating in the seminar was again high, at nearly 50% of the delegates. Most of the bankers were from banks based in Beijing although again a number of bankers flew in from other parts of
China. The number of transport operators participating in the Beijing seminar also increased and included transport operators which did not participate in Shanghai.
This second seminar indicated that banks in China consider it very important to partner with transport operators when launching contactless payments in China. Some banks apparently consider this to be a requirement and are waiting to form such relationships with transport operators before they embark on contactless payment initiatives. This may be in contrast to contactless payments in Taiwan where some banks were willing to start their contactless payments initiatives with retailers.
Banks in China are looking towards transport because of the existing infrastructure and large numbers of cards issued. Taiwan banks were able to take that approach with retailers because of the existing EMV infrastructure in that market. Banks in China do not have that option.
Feedback from seminar participants
Seminar feedback questionnaires returned by participants showed 87.88% of the responses were satisfied or more than satisfied with the seminar. Speakers received 65%-92% approval ratings. Individual comments from banks requested further case study examples in the next APSCA contactless seminar and approaches to building contactless payment business in China.
Presentation materials
The presentation materials from the Beijing Contactless Payments Seminar, APSCA Meeting 93, have been uploaded to the APSCA website and members can use their passwords to access and download them. Please go to the Infodesk at www.apsca.org, click APSCA Meeting Presentation Materials and select APSCA Meeting 93. Non-members who attended the seminar can also download the presentations by using the guest ID="guest" and
password="b07ja".
3rd APSCA Contactless Payments Seminar
The next APSCA China Contactless Payment Seminar will be held in Guangzhou on 12 September and will focus on transportation and retail payments and explore how transport operators, banks and retailers can co-operate in payments initiatives.
Next APSCA Events:
The next APSCA event is
NFC & International Micropayments Forum
hosted by Chunghwa Telecom in Taipei on 10 July 2007
Click here to register
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Photos from the seminar
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2001~2007. Asia Pacific Smart Card Association. All Rights Reserved.