As of May 2, 2016, after the expiration of the first batch of payment licenses for 5 years, the first batch of 27 licensed third-party payment institutions, such as Alipay, UnionPay and Tenpay, have “scarred without license†for more than two months. At the same time, the payment licenses of the second batch of licensed institutions will also expire in August.
As early as November 2015, the central bank issued the “Notice of the People’s Bank of China on the Renewal of the Payment Business Licenseâ€, requiring non-bank payment institutions to submit to the people six months before the expiration of the “Payment Business Licenseâ€. The bank proposes to renew the application, and the central bank will check according to the relevant requirements, and then decide whether to extend it according to the verification result.
The "Notice" once again demonstrates the position of mergers and acquisitions, classification and supervision, and at the same time puts forward the 11 "thresholds" for payment institutions to apply for renewal:
(1) As of the filing date, the accumulated loss exceeds 50% of the paid-up monetary capital;
(2) Some or all of the paid services have not been actually carried out, or have been continuously stopped for more than 2 years;
(3) Occupation, misappropriation or borrowing of customer provision for payment;
(4) There is a transfer or disguised transfer, lease or lending of the "Payment Business License";
(5) engaging in payment business beyond the approved scope;
(6) Deliberately circumventing regulatory requirements by means of forgery, alteration, or concealment of data, or maliciously rejecting or obstructing inspection and supervision;
(7) Applying for the “Payment Business License†by fraud or other improper means;
(8) Receiving criminal penalties or a large amount of administrative penalties for the use of the payment business to carry out illegal or criminal activities, or for handling illegal business activities such as illegal business activities;
(9) There are major defects in the security and risk monitoring of payment service facilities, or there are large-scale cases of theft, sale, disclosure, and loss of customer information;
(10) Violating the anti-money laundering laws and regulations, the circumstances are particularly serious;
(11) There are other major unexpected risk events, or multiple exposures to major risks that cause adverse effects.
During the period of the license institution's license, if any of these phenomena exists, the central bank will guide its objective and prudent application for renewal, and urge it to conduct mergers and acquisitions, adjust the type or coverage of payment services, and steadily arrange market exits. It is reported that the relevant third-party payment companies have submitted renewal applications in accordance with the requirements, but have not received the approval notice from the central bank.
Li Jiquan, a senior partner of Beijing Junbang Law Firm, said that from the perspective of compliance, it is impossible to carry out related business during the process of payment license review, but Since the license has not been cancelled by the central bank, it is not entirely illegal to continue to carry out the payment business.
On April 19th, the Central Bank’s “Measures for the Management of Classified Ratings of Non-Bank Payment Institutions†was issued. It is proposed to classify payment institutions into 5 categories and 11 levels, and implement differentiated and targeted supervision to pay for compliance management and risk management of institutions. Based on the capacity of sustainable development, the evaluation and determination of the types and grades of payment institutions are carried out in accordance with the requirements of the above documents. The payment institution classification rating indicators include regulatory indicators and self-discipline management indicators.
Among them, the regulatory indicators include customer reserve payment management, compliance and risk prevention and control, customer rights protection, system security, anti-money laundering, and sustainable development capabilities, and the payment institutions are divided into A, B, C, and D. , E a total of 5 categories and 11 levels. If the payment institution has a major adverse change or an abnormality that is sufficient to cause the organization's classification rating to be adjusted, or multiple consecutive Class D or Class E related circumstances, the payment will be suspended until the license is cancelled. According to relevant sources, the recent payment clearing association has carried out the payment agency rating work, or will directly affect the payment agency's rating results in the central bank.
Some close to the regulators pointed out that the renewal of the renewal of the first batch of licensed payment institutions is related to the classification and rating supervision.
The "Measures" clearly stated that the central bank will no longer accept new applications for payment licenses. At present, if a company wants to get involved in the payment business, it can only be carried out mainly by acquiring a licensed enterprise, and thus the price of a limited payment license is rising. At the beginning of this year, Xiaomi had acquired a 65% stake in Jiebu Ruitong, a payment company of Inner Mongolia, for a high price of 600 million yuan.
Yang Tao, assistant to the director of the Institute of Finance of the Chinese Academy of Social Sciences, said in the first financial and financial "Internet Finance Night" program that classified supervision can achieve good money to expel bad money to a certain extent, and the payment industry is more standardized and gradually recovers. At the same time, the pattern of market competition can cool down the phenomenon of payment license speculation.
Since 2011, the central bank has issued a total of 270 payment licenses in eight rounds. Among them, during the period from 2015 to 2016, the payment licenses of Zhejiang Yishi, Guangdong Yimin and Shanghai Changchun were successively cancelled by the central bank due to the misappropriation of customer reserve funds and suspected illegal storage, and currently there are only 267 sheets left on the market. Pay the license.
Behind the rapid development, various risk events in the third-party payment market are also emerging. Misappropriation of misappropriation of provisions, sensitive information disclosure, license leasing, alteration of transactions, subcontracting, and other financial operations are common, and the financial system's fraud risk, illegal fundraising risk and money laundering risk are magnified.
Since the first batch of payment licenses have been issued, the third-party payment industry has undergone many changes, not only the continuous change in payment technology, but also the initial single business form has changed. Including large-scale payment institutions such as Alipay and Tenpay, they are combining the more diverse financial services and consumption scenarios while maintaining the advantages of the original payment business. The formation of different formats is also related to the different business scope of the licenses held by third-party payment institutions, which also brings more requirements for supervision.
According to the requirements of the central bank's "Renewal Notice" for the renewal of the application by the payment institution, we have also sorted out the business scope of the first batch of 27 licensed payment institutions. In the future, which one can successfully obtain the renewal of the central bank, we may wish to Wait and see.
Alipay
Provide industry solutions for merchants, O2O services
Provide payment and financial services to individuals. Including online purchase guarantee transactions, online payments, transfer, credit card repayment, mobile phone recharge, water and electricity coal payment, personal wealth management and other fields. After entering the mobile payment field, it provides services for many industries such as retail department stores, cinema lines, chain stores and taxis. In the field of financial management, Alipay provides payment services for users to purchase wealth management products such as Yu'ebao and funds.
UnionPay Business Payment
Credit card repayment, traffic fine agency, national mobile phone recharge, water and electricity coal payment, silver merchant bill number, business travel service
One-stop service integrating loan, financing and wealth management
One-stop integrated payment and information service solution for bank card and various electronic payment receipt and specialization services
Beijing Lakara Network Technology Co., Ltd.
Convenient payment:
A. Self-service banking: banking services such as wealth management, credit, credit card repayment, remittance transfer, balance inquiry, personal loan repayment, credit card billing, Lakara bill payment, charitable donation, etc.
B. Convenient payment: Integrate the payment service of public utilities in various places, and provide users with water, electricity, gas, cable, communication, broadband, and traffic fines.
C. Life services: value-added services such as mobile phone recharge, train tickets, airline tickets, lottery tickets, movie tickets, performance tickets, and game card purchases.
D. Financial services: Provide various financial services such as credit, credit, and wealth management for merchants and individual consumers.
Mobile payment
A. Mobile banking
Credit card repayment: support credit cards issued by 30 banks, accounting for 99.9% of existing credit cards
Billing instalment: the process of instalment is simple and fast, and the repayment is more cost-effective
B. Community Mall
C. Life service
POS receipt
A. Mobile phone collection treasure
B. Cloud POS
C. La Cala POS machine
Cross-border payment: In 2014-2015, Lacala obtained the pilot qualification for cross-border e-commerce foreign exchange payment business approved by the State Administration of Foreign Exchange, and the cross-border RMB payment business registration application approved by the People's Bank of China Guangzhou Branch, which can be applied to domestic and foreign merchants. Provide cross-border foreign exchange and RMB payment and settlement services, including business and trade in goods.
Beijing Shangtong Service Network Technology Co., Ltd.
Business card business
Guarantee business
Pawn business
Beijing Digital Wangfujing (600859, shares it) Network Technology Co., Ltd.
Prepaid card business:
A. Dedicated prepaid card: According to the “whole package†method, the merchant-specific stored value card is accepted to improve the settlement efficiency of the cashier and reduce the operation. At present, the national "Gome League Card" and the "drama card" in Beijing are the most typical success stories of our company.
B. Universal prepaid card: It has cooperated with a number of prepaid card companies to accept prepaid cards issued by a number of companies without increasing the number of machines; in the case of fund clearing, it provides merchants with clearing and clearing services, and improves the efficiency of merchants to ensure merchants. The security of the funds.
Online payment service: Provide Internet integrated payment solutions for merchants to effectively solve the payment and settlement channels of merchant online malls.
Group customer system: The group customer system is a payment system developed for group-based merchants nationwide or regional. The group customer service system mainly realizes the matching of capital flow and information flow in all business processes such as enterprise ordering, payment of goods, logistics and distribution, and capital arrival, highlighting the hierarchical management mode and real-time information. It can be customized according to the needs of enterprises; it conforms to the operation mode of modern enterprise hierarchical control, authorization management and intensive operation, coordinates customers' flexible scheduling of funding sources, and improves cash flow management efficiency to improve customer financial statements.
Mobile payment: The mobile payment related business is a comprehensive mobile payment service launched by China Mobile, which provides daily payment for personal life.
Beijing Tongrongtong Information Technology Co., Ltd.
POS machine business
Epro payment:
Online payment
Online payment is the payment method commonly used by merchants who do e-commerce on the Internet. Consumers choose the merchant's goods or services in the Internet environment, and then pay online to the merchants through online banking.
2. Telephone payment
Offline electronic payment method. This payment service is not limited to merchants who make online shopping malls. Merchants engaged in telephone sales, TV sales, and store sales are also suitable for receiving payment by telephone payment service. After the consumer orders the goods from the merchant, he or she can make a payment from his bank card account according to the voice prompt by dialing the bank customer service phone number (for example, ICBC 95588).
3. Mobile banking (SMS) payment
At present, the Epro payment platform can provide ICBC mobile banking payment services for merchants. Consumers holding the ICBC (601398, stock bar) card with valid documents to the local ICBC outlets for registration, they can send and receive text messages to the merchants via mobile phones.
4. Yibao member payment
This is the exclusive payment method for Epro members. For merchants who have already accessed the eBay payment online payment service, when there are Yibao member consumers shopping on the merchant website, they can choose the member payment method to pay to the merchant.
5. Epro payment bank card monthly payment
"Entrusted payment" type agent charging products. Through the Yibaotong monthly subscription product, users can realize the regular payment service fee through the bank card. After the user successfully subscribes to the business, the Eproto monthly system periodically deducts the corresponding business fee from the user's bank card periodically, without the user paying in advance or paying the long-term business fee in one lump sum.
6. Yibao pays Shenzhouxing to pay
Non-bank card payment method. Users only need to purchase the Shenzhouxing prepaid card to easily consume on the merchant's website and purchase the products or services provided by the merchant.
Bohai Yisheng Business Service Co., Ltd.
Main business: online payment, mobile payment, prepaid card business, cross-border payment, fund payment, etc.
Online payment: Easy pay, easy pay
Mobile Payment: Epro Payment Client
Prepaid card: prepaid card cooperation, wishful card, gift card, etc.
Hainan Xinsheng Information Technology Co., Ltd.
NEW Pay: Gateway payment, quick payment, peace of mind, bulk payment, commission withdrawal, security certification service.
Industry Solutions: Planning for online payment solutions for the industry.
Kailiantong Network Information Technology Service Co., Ltd.
Non-financial institution payment services such as online payment and prepaid card issuance and acceptance. Provide safe, convenient and stable payment solutions for e-commerce
Quick Money Payment Clearing Information Co., Ltd.
The innovative consumer finance credit payment service for individual users is presented in the form of a physical card or embedded fast wallet APP as a carrier, and the payment method is implemented by swiping or scanning code, which is a kind of “consumer consumption†within the individual user's equity. And post-payment" new overdraft consumer experience.
Financial management
Credit card repayment, mortgage rental, insurance renewal, cross-bank payment
Professional mobile financial assistant, a mobile "portable" wallet serving the public
Corporate Services
Qian Bag Network (Beijing) Information Technology Co., Ltd.
It mainly provides POS acquiring services and convenience financial services. Among them, convenient financial services include personal financial services: bank card balance inquiry, transfer remittance, credit card repayment, life payment service: water fee, electricity fee, gas fee, recharge card purchase service: mobile phone recharge, Q coin recharge, game recharge, consumption Payment service: order number payment, WeChat payment.
Shande E-commerce Service Co., Ltd.
It mainly provides financial payment solutions and financial payment services for card issuers, special merchants and cardholders. It mainly launched various government and enterprise group payment products, mobile phone payment, convenience payment, online payment, Online To Offline, bank card receipt, various prepaid cards and membership card acceptance services.
Shanghai Dongfang Electronics (000682, shares it) Payment Co., Ltd.
The third-party payment platform launched is the payment of Oriental Electronics. Its business scope is electronic payment of customs taxes and fees, and its business scope includes B2G and B2B fields.
Shanghai Paycom Information Service Co., Ltd.
Through online, telephone, terminal, mobile phone and other electronic means, online household enquiries for water, electricity, coal, mobile phones, telephones, broadband, digital TV, vehicle tolls, etc. And payment.
Shanghai Huifu Data Service Co., Ltd.
The third-party payment platform launched is the world of remittance, and the main field is financial electronic payment. Currently, financial payment and industrial chain payment are launched. The main products are “Tiantianying†and “PNR Money Managerâ€.
Shanghai Jieyin Information Technology Co., Ltd.
Provide mobile payment services, provide payment data processing services for consumers, telecom operators, banks and merchants, mainly for recharge, electronic ticketing, utility payment and other services.
Shanghai Shengfutong Electronic Commerce Co., Ltd.
Provide payment products such as “account management, recharge, cash withdrawal, payment, credit card repaymentâ€, online users can use bank online banking, mobile phone fixed line, UnionPay mobile phone and other payment methods for payment; offline users can use card sales outlets, pc The card-selling terminal bought a grand card.
Shenzhen Caifutong Technology Co., Ltd.
TenPay is an online payment platform launched by Tencent. Its core business is to help both parties who make transactions on the Internet complete payment and collection. The main products are divided into two categories: payment products and service products. Among them, the payment products mainly include 6 types of products such as online banking payment, Tenpay account payment, and one-way payment; the service products mainly include 8 types of services such as intermediary secured transactions, instant arrival transactions, and automatic transaction accounting.
The industries covered by Tenpay include games, airlines, e-commerce, insurance, telecommunications, logistics, steel, and funds. Combining these industry characteristics, TenPay provides fast payment, TenPay balance payment, installment payment, entrusted withholding, epos payment, micro payment, and other payment products. In August 2013, TenPay joined WeChat to release WeChat payment, which strongly distributed mobile payment.
Shenzhen ExpressPay Financial Network Technology Service Co., Ltd.
The e-commerce basic service platform, which is based on B2B transactions, funds, business travel, insurance and other industry applications, provides a full range of third-party payment services for e-commerce, urban livelihood and public services. Payment services include prepaid card services, collection and payment services, mobile payment services, online payment services, and fast payment card inquiries. Its industry applications include funds, airline tickets, credit, insurance, etc.
Shenzhen Yukahui Technology Service Co., Ltd.
The core business is nationwide prepaid card issuance and acceptance, Internet payment, etc., providing payment application solutions and comprehensive consumer services for enterprises, businesses, and individual consumers.
Shenzhen Yinsheng Electronic Payment Technology Co., Ltd.
Mainly for the financial value-added service field, it provides functions such as collection and payment, online payment, POS receipt, mobile payment, etc. It also launched the “e-pass--financial·digital service network platformâ€.
Tonglian Payment Network Service Co., Ltd.
It mainly provides business card users with bank card acceptance, account payment, online payment, fund payment, telephone payment, cash register, POS application and other services. Individual users provide payment services such as water and electricity, mobile phone recharge, and fuel card recharge.
Online Banking Online (Beijing) Technology Co., Ltd.
Jingdong Group's wholly-owned subsidiary, its main business is bank card online payment, bank card fast payment - Jingdong payment, fast payment API products, mobile payment products, acquiring services - financial POS & logistics POS, prepaid card solutions, Cross-border payment and international payments, air travel industry payment solutions, bulk payments - payment products, mobile phone recharge card payments and point card payments.
Xunfu Information Technology Co., Ltd.
It mainly provides online consumption and payment functions for enterprises, and provides payment and repayment functions for individuals. The company also provides online financial services to provide solutions for the education industry, foreign trade industry, airline industry, hotel industry, retail industry, etc., and provides online banking payment, no card payment, international card payment, POS receipt, entrusted payment, Voice payment, mobile payment, account payment.
Yufu Network Technology Co., Ltd.
The company's main products are Foca, Fuka payment, business license range includes online payment, prepaid card issuance. Foca is divided into general-purpose cards and exclusive cards. Cardholders of universal cards can purchase credit cards at all cooperative merchants, and enjoy different levels of discounts and membership services. Exclusive pre-paid cards for exclusive partner merchants can be issued by cooperative merchants. To manage the card, the Foca Center provides services such as card design, card production, distribution, trading, and management.
Guangdong UnionPay Network Payment Co., Ltd.
Online business: Netpay, Netpay, Yihangbao, fund direct value business: mobile POS, loyalty card business, automatic terminal, network POS
Payment service: communication payment, public utility payment, administrative business payment, insurance payment, loyalty card recharge
Beijing UnionPay Business Co., Ltd.
Pay by the whole people: credit card repayment, mobile phone recharge, bill payment, public utility payment, interbank transfer, balance inquiry, game direct charge, catalog sales, ticket order, lottery betting, love donation.
MIS-POS cashier integration service telephone payment finance pos specialization service
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