嘉联支付被罚141万元，商户管理、清算违规仍是行业重灾区

Core Viewpoint - The recent administrative penalty imposed on JiaLian Payment highlights ongoing regulatory scrutiny in the payment industry, emphasizing the importance of compliance in merchant management and clearing processes [1][4]. Group 1: Company Overview - JiaLian Payment obtained its payment license in June 2012, valid until June 2027, focusing on nationwide payment transaction processing [3]. - The company has a registered capital of 200 million yuan and operates in 337 cities, serving over one million merchants [3]. - In the first half of 2025, JiaLian Payment processed approximately 721.8 billion yuan in transaction volume, with revenue of 949 million yuan and a net profit of 88.5 million yuan [3]. Group 2: Regulatory Actions - JiaLian Payment was fined 1.41 million yuan for violations related to merchant management and clearing management, with illegal gains of 1,293.91 yuan being confiscated [1][4]. - This penalty follows a previous fine of 2.99 million yuan in October 2023 for similar violations, indicating a pattern of regulatory issues within the company [4]. Group 3: Industry Insights - The payment industry is facing increased regulatory pressure, particularly concerning merchant management and clearing processes, which are seen as high-risk areas [5]. - Analysts suggest that the focus on compliance is critical to maintaining public trust in third-party payment systems and ensuring the safety of funds for merchants and end-users [4][5]. - The implementation of the 2024 "Non-Bank Payment Institutions Supervision and Management Regulations" will further enforce strict requirements for merchant real-name systems and transaction authenticity, compelling payment institutions to enhance their compliance measures [5]. Group 4: Compliance and Risk Management - JiaLian Payment has acknowledged the need for improved compliance and risk management, stating that it will enhance its awareness and implement core measures to ensure compliance in operations [3][5]. - The company aims to establish a comprehensive risk management framework and adhere to regulatory requirements to prevent financial risks associated with non-compliance [5][6].