支付新规后首秀！13家机构获长期支付牌照，人保支付、瑞银信等“退场”

Core Viewpoint - The People's Bank of China (PBOC) has announced the results of the first batch of payment business license renewals, with 13 payment institutions successfully renewing their licenses for a long-term period, marking a new phase in the regulatory landscape of the payment industry [1][3][5]. Summary by Category License Renewal Results - A total of 13 payment institutions have successfully renewed their licenses, which now have a long-term validity, indicating a shift in regulatory policy [3][5]. - The institutions that received long-term licenses include notable companies such as Douyin Payment Technology Co., Ltd., Yibao Payment Co., Ltd., and others [3][5]. Regulatory Context - This renewal process follows a transitional period that began last year, allowing institutions to comply with the new regulations set forth in the Non-Bank Payment Institution Supervision Management Regulations [1][5]. - The successful renewal of licenses reflects the implementation of regulatory requirements and a shift towards a record-keeping system, which is expected to stabilize the operational environment for payment institutions [5][6]. Non-Renewal and Cancellations - Six institutions did not receive license renewals, including Guangzhou Heli Bao Payment Technology Co., Ltd., which had its renewal application suspended due to regulatory issues [7][8]. - Other companies, such as Renbao Payment Technology (Chongqing) Co., Ltd., voluntarily withdrew from the market, indicating a trend of consolidation and compliance challenges within the industry [7][8]. Industry Trends - The overall number of payment licenses has decreased from a peak of 271 to 168, with 103 licenses having been canceled to date [18]. - The regulatory environment remains stringent, with several institutions facing significant fines for compliance violations, highlighting the ongoing pressure for adherence to regulatory standards [19][21].