1. Alipay opens up the Russian market, in cooperation with Qiwi, Russian largest payment corporation
  2. PICS 2011 was awarded the Highly Commended Best Finance Conference -April 1st, 2012
  3. 2nd Annual Payment Innovation (China) Convention 2012 to be Convened in October in Shanghai, China--June 1st, 2012

Alipay opens up the Russian market, 
in cooperation with Qiwi, Russian largest payment corporation

Alibaba, the largest China B2B provider, has signed the strategic cooperation agreement with QIWI Wallet, the largest Payment solution provider in Russia. The Russian can enjoy the online shopping from Alibaba via paying with QIWI Wallet.

QIWI Wallet is the largest third party payment tool, which is similar to Alipay. The Russian buyer can recharge expediently to the QIWI Wallet then buy what they want on AliExpress.

QIWI Wallet has a thorough risk and issue management system to avoid the payment withdrawal. So the buyer's order via paying with QIWI Wallet will not receive a 24 Hours verifying limited while the Mechants will delivery goods immediately once received the payment.

How do they meet each other?

Here we find the answers:
On November 2011, CDMC announced that we have confirmed two sponsors for Payment Innovation (China) Summit 2011. They are QIWI and Alipay, the largest third party payment solution provider in Russia and China.

At PICS 2011, Both these two company enjoy the excellent services Pre-Scheduled One to One Meeting from CDMC. They selected each other enjoying a long time personal talk. After finished PICS 2011, they start to do more just like paying a visit to each company.

It is not surprised for CDMC they can work together, because we have the precognition at Payment Innovation (China) Summit 2011.

Contact: Miss Elim Weng 
Email: elimweng@cdmc.org.cn
Website: http://www.cdmc.org.cn/picc2012/