2014 China Cross-Border eCommerce Conference & Eagle-Bear Assemblages Annual Celebration

The 2014 China Cross-Border eCommerce Conference & Eagle-Bear Assemblages Annual Celebration had completed on Sept 21, 2014. Oceanpayment, as one of the sponsors of this ceremony, had made an undeniable contribution to the success of the conference, and the team of Oceanpayment had also shown their passion as well as spirituality to the participants.

This ceremony had gathered elites of different fields, including CEO of DHgate, Wang Shutong, South China General Manager of Amazon, Kang Pin, vice president of DinoDirect, Deng Fengyun, president of DX.COM, Menghu, CEO of Culigo.com, Yang Yihua, etc.

Cross-border eCommerce giants from all over the counter had made a deep discussion on a variety of topics, such as the policy of cross-border eCommerce, localization of cross-border eCommerce, the new trends of cross-border eCommerce, the improvement of logistic of e-commerce, and so forth.

Cross-border eCommerce has both breaks through the limitation of the frontier, making international trading becomes borderless trading and give a rise to the information of cross-border payment. As one of the basic infrastructures of cross-border eCommerce, cross-border payment is becoming increasingly important to the development of cross-border eCommerce.

Currently, the main tendency of cross-border payment is as follows: 1. it not only exists in developed countries, like America and the UK but is not booming in the emerging markets; 2. Cross-border is no longer merely completed by computer, the popularization of smartphones has made mobile payment flourishing; 3. Along with the development of cross-border eCommerce, its payment method is also not limited to credit card payment. Although a credit card is currently the most frequently used payment method, in some countries and regions, people seldom use a credit card. Therefore, if eCommerce merely adopt credit card as their payment method, it’s out of doubt that they will miss the emerging markets, such as Brazil, Russia, Southeast-Asia, etc. At present, may alternative payment method is booming, for instance, Brazil has Boleto, Latin America have webpay、Interbank, Russia have WebMoney and Yandex. All of these alternative payment methods can help eCommerce to explore a wider market as well as bring localized payment experiences to consumers.

The reason that eCommerce are scramble for emerging markets like Russia and Brazil is that payment service providers had offer merchants a comprehensive payment solution, which offers the local consumer payment methods they are familiar with. Payment service providers like Oceanpayment had timely seize the opportunity and currently support over 100 kinds of alternative payment methods, which aims to bring e-commerce convenient financial service as well as help them to explore the emerging market globally.