Core Insights - The People's Bank of China announced the renewal results for non-bank payment institutions' licenses, with 13 institutions receiving long-term licenses, while one institution's renewal was suspended and three were not renewed [1][3][5] Group 1: License Renewal Outcomes - 13 payment institutions successfully renewed their licenses, which are now valid for the long term instead of the previous five-year term [1][5] - The institutions that received long-term licenses include: Zhihexin Electronic Payment Co., Yibao Payment Co., Shandong Yunda Payment Co., Douyin Payment Technology Co., Yunhui Payment (Guangzhou) Co., and others [2][5] - Guangzhou Heli Payment Technology Co. had its license renewal application suspended due to the restructuring of its parent listed company [3] Group 2: Regulatory Implications - The renewal of licenses reflects the implementation of the "Non-Bank Payment Institutions Supervision Management Regulations," indicating a shift in regulatory approach towards a more stable operational environment for payment institutions [5] - The long-term validity of licenses is expected to alleviate the cyclical pressure of license renewals, providing a stable outlook for strategic planning and operations within the industry [5]
支付新规后首次续展:13家机构获长期许可,5家出局
Guo Ji Jin Rong Bao·2025-07-05 01:59