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支付牌照变局:抖音等13家获长期许可,5家退出
第一财经·2025-07-04 15:31

Core Viewpoint - The renewal of payment business licenses for 13 non-bank payment institutions marks a significant shift in regulatory approach, transitioning from quantity control to quality optimization, which is expected to enhance the stability and strategic planning of the industry [2][3]. Group 1: License Renewal - The People's Bank of China announced the renewal of payment business licenses for 13 non-bank payment institutions, granting them long-term validity [1]. - This is the first license renewal announcement following the implementation of the Non-Bank Payment Institution Supervision and Management Regulations [2]. Group 2: Regulatory Changes - The renewal reflects the regulatory body's shift towards a registration system, alleviating the cyclical pressure of license renewals and providing a stable outlook for institutions [2]. - The announcement also included the suspension of license renewal applications for certain institutions due to compliance issues, indicating a rigorous enforcement of regulatory standards [2]. Group 3: Industry Dynamics - The non-renewal of licenses for some institutions highlights a trend of industry consolidation, where firms either exit due to strategic realignment or face compliance challenges [3]. - The regulatory focus is now on quality, promoting a dynamic exit mechanism that accelerates industry clearing and resource integration, leading to a more orderly issuance of licenses and stricter dynamic supervision [3].