中经记者 许璐 李晖 北京报道 近日，人民银行上海市分行行政处罚信息公告（上海银罚字〔2025〕41号、42号）显示，宝付网络科技 （上海）有限公司（以下简称"宝付支付"）因违反商户管理规定、违反清算管理规定、违反账户管理规 定，被给予警告，没收违法所得11291.48元，并处以罚款人民币377万元。 同时，因陈某某对宝付支付违反账户管理规定的违法行为负有直接责任，一并被给予警告，并处以罚款 人民币16万元。 对此，宝付支付方面回复《中国经营报》记者称，在此前中国人民银行上海市分行对我司的日常执法检 查中，我司已成立专项小组，跟进并落实人行的指导和意见，并按照监管要求，逐条落实，现已完成自 查整改工作。我司诚恳接受并坚决执行监管处理结果。 宝付支付方面进一步表示："此次监管指导将推动我司进一步优化业务管理流程。下一步，我司将继续 严格遵循各项监管制度，积极履行支付机构职责，坚守合规与风险底线，推动支付产业的高质量发展， 为客户提供高质量产品和服务。" （编辑：李晖 审核：何莎莎 校对：翟军） ...

2025年以来，第三方支付行业严监管态势持续深化，罚单高频落地成为行业常态。10月15日，北京商报记者结合央行等多方数据不完全统计发 现，今年以来，监管已披露至少74张罚单，包括机构及相关责任人在内被罚没金额总计1.9亿元，覆盖大中小各类机构，相较上年同期来看，支付 机构被罚数量增多，但被罚金额总量较上年有所减少。 74张罚单被罚1.9亿元 回顾今年罚单，支付行业的首个关键词仍是"严监管"。截至10月15日，人民银行已对支付机构披露至少74张罚单，罚没金额达1.9亿元。 最近一次被罚是重庆惠平支付有限公司（以下简称"惠平支付"），中国人民银行重庆市分行更新行政处罚决定信息公示表，罚单显示，惠平支付 的主要违法违规事实为：未落实有关合规管理制度、内部控制制度、业务管理制度、风险管理制度、用户权益保障机制。 针对上述行为，中国人民银行重庆市分行对惠平支付作出了警告、通报批评，并处以10万元罚款的处罚。针对相关问题及整改进展，北京商报记 者向该公司求证采访，但截至发稿未获得回应。 商户管理问题则包括特约商户资质审核不严、真实性核查缺失、支付接口滥用等。 另外，除了传统"顽疾"，从今年的罚单来看，新兴风险领域也在逐步 ...

Event Highlights - The event focuses on compliance and growth opportunities for payment companies going global, analyzing global compliance and fintech development trends [3] - Key topics include enterprise credit, merchant authentication, and risk control innovations [3] - Attendees will gain insights into global payment and compliance trends, as well as practical solutions and collaboration opportunities with industry experts [3] Agenda Summary - The event will take place on October 17, 2025, from 14:00 to 17:00 at the Amazon Cloud Technology Life and Health Digital Empowerment Center in Shanghai [4] - The agenda includes opening remarks, presentations on IT compliance practices, risk intelligence-driven AML compliance, future financial architecture, and payment network innovations [4] LSEG World-Check Overview - LSEG World-Check has been providing accurate and reliable information for over 25 years, assisting financial institutions and regulated non-bank sectors in complying with KYC, anti-money laundering, and anti-corruption regulations [9][11] - The database includes information on politically exposed persons (PEPs), state-owned entities, global sanctions lists, and negative media [13] - World-Check helps organizations identify hidden financial system risks and supports due diligence obligations [14]

Event Highlights - The event focuses on compliance and growth opportunities for payment companies going global, analyzing global compliance and fintech development trends [3] - Key topics include enterprise credit, merchant authentication, and risk control innovations [3] - Attendees will gain insights into global payment and compliance trends, as well as practical solutions and collaboration opportunities with industry experts [3] Agenda Summary - The event will take place on October 17, 2025, from 14:00 to 17:00 at the Amazon Cloud Technology Life and Health Digital Empowerment Center in Shanghai [4] - The agenda includes opening remarks, presentations on IT compliance practices, risk intelligence-driven AML compliance, future financial architecture, and payment network innovations [4] LSEG World-Check Overview - LSEG World-Check has been providing accurate and reliable information for over 25 years, assisting financial institutions and regulated non-bank sectors in complying with mandatory KYC, AML, and anti-corruption regulations [9][11] - The database includes information on politically exposed persons (PEPs), state-owned entities, global sanctions lists, and negative media [13] - LSEG employs hundreds of researchers and analysts to gather and organize information from reputable sources, ensuring compliance and risk management [11][14]

根据9月12日杉德支付向合作机构发出的《通知函》显示，自9月17日零时起，小微商户的信用卡受理额度将被设限，9月20日起全面停止服务，相关合作协 议自动终止。据悉，此次调整涉及以身份证入网、无营业执照的小微商户，覆盖旗下多个POS子品牌，这也意味着大量个体经营者、夫妻老婆店等将被迫更 换支付通道。 值得注意的是，杉德支付此前曾因风控不力、商户信息违规等问题被央行重罚，今年8月内蒙古分公司更因反洗钱违规被罚没近450万元。此次业务收缩，或 也与其合规压力、盈利模式调整密切相关。 在支付行业持续承压的背景下，曾经的行业"老兵"杉德支付日前正式宣布，将于2025年9月20日起全面终止对小微商户的支付服务。 ...

Core Insights - Pinduoduo has become the absolute controlling shareholder of Shanghai Paytong Information Service Co., Ltd. (Paytong) by increasing its stake from 50.012% to 80.52% [1][3] - The change in ownership also led to the exit of several shareholders, including UnionPay Business and Tianyi E-commerce, and a reduction in the number of management members [1][3] Company Changes - Paytong, established in May 2003, was one of the first third-party payment companies to obtain a payment license in China, alongside Alipay and Tenpay [2] - The business scope of Paytong has been redefined to include full licensing capabilities, covering internet payment, mobile phone payment, and bank card acquiring services [2][3] - The new shareholder structure consists of four entities: Easy Wing Information (80.52%), Shanghai Information Investment (18%), China Post Capital Management Co., Ltd. (0.7371%), and Shanghai Yitong International Co., Ltd. (0.7371%) [3] Industry Context - The value of existing payment licenses has increased since the People's Bank of China suspended the issuance of new licenses in 2016, making them essential for major internet companies [4] - Other internet companies, such as Kuaishou, Xiaomi, Meituan, and Didi, have also pursued payment licenses to enhance their operational capabilities [4] - Pinduoduo's acquisition of Paytong is seen as a strategic move to ensure compliance and reduce costs, particularly in light of regulatory scrutiny in the e-commerce sector [5]