The rise of Chinese payments innovation and why we should pay attention

Leigh Flounders1

1 LatiPay, Level 7, DLA Piper Tower, 205 Queen Street, Auckland, New Zealand, www.latipay.nz

Imagine the complications for a Kiwi educational institution working with just one of the emerging Chinese payment giants or mega banks.

ANZIA Tech Start-up of The Year Award Winner, LatiPay, bolts onto not just one, but all three of the main Chinese payment giants WeChat, Alipay and JDPay, as well as 19 major Chinese banks in a fully compliant manner that facilitates the payment of student fees and living costs directly to educational institutions trust accounts.

Latipay integrates with some of the leading and most progressive New Zealand businesses across the Education, Travel and Export sectors.  LatiPay is supported by New Zealand Trade and Enterprise (NZTE) as it launches as a global fast track business in Australia November 2016.

Gain an insight into why future forward Kiwi education institutions have a need for direct cross border e-commerce with China for student fees and living cost payments, and understand the compliance, reasoning and methodology behind their requirements. Understand why Chinese students prefer to pay with their e-wallets and online banking, and why only 12% of online transactions in China were through credit cards in 2015.

Learn why the Chinese payment giants are interested in New Zealand cross border e-commerce and the emerging payment trends for student fee payment and loans.


Biography

Leigh Flounders is the CEO of Latipay – Winner of The Australia New Zealand Internet Awards – Tech Start Up Of The Year 2016.

Over the last 15 years Leigh has been involved at both a client and vendor level across the central government, banking and finance, insurance, media, utilities and charity verticals. Prior to joining LatiPay as CEO, Leigh was the founder and director of the first to market, data centric lead generation brand Switch/

Leigh’s capabilities revolve around business analysis and effective go to market strategy, with a particular focus on data led acquisition and business intelligence.

Leigh has applied experience in data analytics, stakeholder management, credit and compliance, fraud, forensics and business strategy.

International travel and APAC relationships are a critical part of Leigh’s make up, having travelled the world extensively and engaging in a professional capacity across multiple APAC cultures.