北京商报讯（记者 董晗萱）2月10日，据人民银行上海市分行行政处罚信息，上海汇付支付有限公司因 违反支付结算及相关反洗钱规定，被警告，没收违法所得人民币106.73万元，并处以罚款人民币191万 元。该公司责任人高某山对违法行为负有直接责任，被警告，处以罚款人民币16.75万元。 ...

Core Viewpoint - The financial consumers are facing new challenges despite enjoying convenient services, including hidden credit card fees, deposits turning into insurance, and misleading investment practices, which complicate their ability to protect their rights [1][2] Group 1: Consumer Issues - Financial consumers are encountering issues such as "invisible" credit card charges, deposits being converted into insurance products, and difficulties with investment products and claims [1][2] - New tactics like algorithm-driven lending and accidental insurance purchases through apps are emerging, making it harder for consumers to prove their cases and prolonging the process of defending their rights [1][2] Group 2: Initiative for Consumer Protection - Sina Finance has launched the "2026 Financial 315 Exposure Platform" to protect the legal rights of financial consumers and promote a fair, transparent, and healthy financial consumption environment [2] - The initiative invites the public to report various issues and infringement clues encountered with banks, insurance companies, internet finance, and third-party payment institutions [2] - The platform has been running for thirteen years, emphasizing that real feedback contributes to industry progress and helps improve the financial consumption ecosystem [2]

原标题：又一机构退场，支付牌照仅剩162张，预付卡是注销"重灾区" 21世纪经济报道记者 叶麦穗 第三方支付牌照数量正持续缩减。近日，中国人民银行官网更新注销许可机构名单，河南聚宝支付有限公司（原 河南汇银丰信息技术有限公司，以下简称"聚宝支付"）的支付牌照被注销，成为2026年首家退出市场的支付机构。实际上，自央行2011年签发 首批第三方支付牌照以来，已累计发出271张牌照，其中，存续数量缩至162张，注销数量增至109张，超四成支付机构退场。 聚宝支付牌照被注销 资料显示，聚宝支付成立于2011年，是河南省首家获央行支付业务牌照的企业，其最初获准在河南省内开展预付卡发行与受理业务。2024年央 行完成支付业务类型重新划分后，该机构业务类型正式调整为储值账户运营Ⅱ类。不过15年后，聚宝支付最终黯然退场。 在牌照注销的同时，该支付机构同步发布《关于终止支付业务的公告》称，受经济环境等因素影响，决定终止预付卡发行与受理业务，并公布 了用户预付卡赎回、置换的具体安排。公告显示，该公司提供两种方式供客户选择：一是选择办理赎回，二是选择办理置换，即等额置换河南 建业支付科技有限公司（下称：建业支付）发行的预付卡，置 ...

中经记者 许璐 李晖 北京报道 公开信息显示，东方付通成立于2011年3月，注册资本1亿元，为国有控股中型企业，由上海欧冶供应链 有限公司100%持股，实际控制方为中国宝武钢铁集团有限公司。其支付牌照许可范围为全国范围内的 储值账户运营Ⅰ类（原互联网支付）。 东方付通于2011年12月获得中国人民银行颁发的支付业务许可证，此前已完成两次续展，现有牌照将于 2026年12月到期。从经营数据看，公司体量并不突出：2024年实现营收约491万元、净利润约24.5万 元；2025年营收约504万元、净利润约30万元。 从横向对比看，博通咨询金融行业首席分析师王蓬博向记者表示："如果结合2025年同类牌照交易情 况，储值账户运营Ⅰ类牌照转让价格区间在1.48亿元至3.15亿元之间，18154.01万元的挂牌价处于行业 中等水平，这些也与牌照资质、存续要求及市场供需现状相匹配。" 从业务布局看，根据公开信息，东方付通长期服务于大宗商品行业，围绕B端用户开发了保证金交易、 预约支付等特色支付产品。目前东方付通已打通全国700多家银行的支付渠道，业务范围覆盖钢铁、化 工、能源、循环物资、物流等行业。 对于东方付通在原有体系中 ...

这张支付牌照再被挂牌。2月4日，北京商报记者注意到，上海联合产权交易所官网日前披露东方付通支 付科技有限公司（以下简称"东方付通"）100%股权转让公告，转让底价定为1.82亿元。在去年11月首次 挂牌中，东方付通未对外披露转让底价。 整体来看，东方付通最大的价值源于其所持有的储值账户运营Ⅰ类牌照，目前该公司尚未更换长期有效 的支付牌照。结合监管要求，东方付通的新股东需在今年6月21日前完成对东方付通的增资和牌照续展 材料递交工作，且增资幅度至少应达1亿元。分析人士认为，东方付通的股权转让是原股东战略调整剥 离非核心资产的体现，其挂牌定价整体处于行业中等水平。 面对监管要求，东方付通在短期内找到买家的需求更为迫切。过去几年，国有企业出清旗下支付等非主 业金融业务的情况在业内并不少见。对于公司股权转让的具体原因、预期转让完成时间以及后续经营规 划等问题，北京商报记者向东方付通方面进行采访，对方表示需联系股权挂牌的对接人，而后者电话未 有人接听。 素喜智研高级研究员苏筱芮表示，随着"长期有效"支付牌照陆续颁发，一些牌照将在今年到期的中小机 构，可能会加速寻求潜在买家。去年以来，一些非金融集团也在逐步聚焦主业，主动 ...

这张支付牌照再次被挂牌。2月4日，北京商报记者注意到，上海联合产权交易所官网日前披露东方付通支付科技有限公司（以下简称"东方付通"）100%股 权转让公告，转让底价定为18154.01万元。在2025年11月的首次挂牌中，东方付通未对外披露转让底价。 买家应履行硬性要求 公开信息显示，东方付通成立于2011年3月，于同年12月获得人民银行颁发的支付牌照。支付牌照许可范围为全国范围内的储值账户运营Ⅰ类，即原互联网 支付，此前该公司已经完成两次支付牌照续展，牌照将在2026年12月到期。东方付通当前注册资本1亿元，由上海欧冶供应链有限公司100%持股。经天眼查 股权穿透，东方付通的实际控制方为国有企业中国宝武钢铁集团有限公司。 根据转让公告，交易完成后，标的企业不得继续使用中国宝武系字号、资质及特许经营权，受让方需承接原债权债务，并按转让方制定的方案安置10名员 工。 而支付机构展业的硬性条件，也为牌照转让带来了新要求。按照转让公告，意向受让方须为境内依法存续的企业法人，具备良好商业信用与支付能力，不接 受联合受让及委托、信托举牌，且需缴纳5400万元保证金。交易价款须一次性支付，合同生效以签署完毕且受让方股东资 ...

Core Insights - The number of third-party payment licenses in China is continuously decreasing, with the recent cancellation of JuBao Payment's license marking the first exit from the market in 2026 [1][2] - The reduction in payment licenses is attributed to structural reshuffling and regulatory upgrades within the industry, rather than merely a decrease in the number of institutions [1][4] Group 1: JuBao Payment's License Cancellation - JuBao Payment, established in 2011, was the first company in Henan to obtain a central bank payment business license, initially authorized for prepaid card issuance and acceptance [2] - The company announced the termination of its payment business due to economic factors, providing users with options for redeeming or exchanging their prepaid cards [2] - The redemption process is set to occur from February 1 to April 30, 2026, after which Jianye Payment will handle related services [2] Group 2: Industry Trends and Analysis - Since the first batch of third-party payment licenses was issued in May 2011, a total of 271 licenses have been granted, with 162 remaining as of February 2, 2026, indicating a significant reduction [4] - Over 80% of the canceled licenses were for prepaid card businesses, reflecting a trend where users prefer more convenient and secure online payment methods, leading to a shrinking application scenario for prepaid cards [4][5] - Experts predict that the number of payment licenses will continue to decline in 2026 due to stricter regulations, increased market competition, and the exit of institutions with serious compliance issues [5][6] Group 3: Future Industry Directions - The core trend for the payment industry in 2026 is shifting from competition for traffic to focusing on value cultivation, with a more established C-end payment market [6] - Institutions are advised to abandon the "license arbitrage" mindset and upgrade their compliance systems to strategic assets while exploring niche markets like cross-border payments and industrial internet [6]

Group 1 - The core viewpoint of the news is that Lakala's stock performance shows a decline in both trading volume and financial metrics, indicating potential challenges for the company [1][2]. Group 2 - On February 2, Lakala's stock price fell by 0.34%, with a trading volume of 1.043 billion yuan. The financing buy-in amount was 83.81 million yuan, while the financing repayment was 111 million yuan, resulting in a net financing outflow of 27.06 million yuan [1]. - As of February 2, the total financing and securities lending balance for Lakala was 1.35 billion yuan, with the financing balance accounting for 6.62% of the circulating market value, which is above the 70th percentile of the past year [1]. - In terms of securities lending, on February 2, Lakala repaid 15,100 shares and sold 11,200 shares, with a selling amount of 293,600 yuan, while the securities lending balance was 2.31 million yuan, below the 20th percentile of the past year [1]. Group 3 - As of September 30, Lakala had 104,400 shareholders, a decrease of 26.11% from the previous period, while the average circulating shares per person increased by 35.37% to 7,038 shares [2]. - For the period from January to September 2025, Lakala reported operating revenue of 4.068 billion yuan, a year-on-year decrease of 7.32%, and a net profit attributable to shareholders of 339 million yuan, down 33.90% year-on-year [2]. - Since its A-share listing, Lakala has distributed a total of 2.615 billion yuan in dividends, with 1.035 billion yuan distributed over the past three years [2]. Group 4 - As of September 30, 2025, among Lakala's top ten circulating shareholders, Huabao Zhongzheng Financial Technology Theme ETF ranked fourth with 9.2318 million shares, an increase of 4.4612 million shares from the previous period [2]. - Hong Kong Central Clearing Limited ranked sixth with 7.4764 million shares, an increase of 1.8367 million shares, while Southern Zhongzheng 1000 ETF ranked seventh with 5.0471 million shares, a decrease of 66,500 shares [2]. - Guangfa Value Advantage Mixed Fund has exited the list of the top ten circulating shareholders [2].

Core Insights - The comprehensive payment transaction volume in China is expected to reach 577 trillion yuan by 2025, with a year-on-year growth of 3.0%, driven by a 2.9% increase in personal payments and a 3.2% increase in corporate payments, indicating that corporate payment growth has surpassed personal payment growth [1][13]. Group 1: Industry Overview - The third-party payment industry in China has entered a phase of deepening stock competition, with regulatory normalization and compliance requirements becoming the foundation for industry development [1]. - The industry has evolved from a rapid growth phase (2010-2019) to a mature phase characterized by both regulation and innovation, with a focus on cross-border payments and "payment+" service models [4][5]. Group 2: Market Dynamics - The personal payment market is nearing saturation, with a projected decline in the mobile payment market size from 205.2 trillion yuan in 2024 to 197.5 trillion yuan in 2025, a decrease of 3.7% [19]. - In contrast, the corporate payment market is expected to show resilience, with a projected growth rate of 3.2% due to the ongoing digital transformation of enterprises and the expansion of cross-border e-commerce payment scenarios [13][33]. Group 3: Regulatory Environment - The implementation of the "Non-Bank Payment Institutions Supervision and Administration Regulations" in 2024 has led to a significant increase in compliance and regulatory scrutiny, resulting in accelerated industry consolidation and pressure on smaller institutions [7]. Group 4: Technological Integration - The industry is actively embracing AI technology to enhance operational efficiency and customer service, with applications in smart risk control, process automation, and personalized services [10][12]. - AI is expected to reduce operational costs and improve risk management capabilities, while also enhancing user experience through intelligent customer service and cross-border payment optimization [10][12]. Group 5: Payment Trends - New payment methods are emerging, such as NFC payments, which simplify the payment process and enhance security, although challenges remain in terms of hardware requirements and user adoption [30][31]. - The promotion of digital currency and stablecoins is expected to create new growth opportunities in cross-border payments, with the digital yuan gaining traction in both C-end and B-end applications [67][71]. Group 6: Competitive Landscape - Leading companies in the third-party payment sector are focusing on building comprehensive solutions that integrate payment services with financial technology, enhancing their competitive edge in the market [35][63]. - The cross-border payment market is projected to reach 3.3 trillion yuan by 2025, driven by the growth of cross-border e-commerce and the need for efficient payment solutions [55].

以下文章来源于风财眼 ，作者凤凰网财经 风财眼 . 风财眼致力于银行领域的原创报道，旨在履行媒体监督职责，以期共营健康的金融环境。 近期，上海富友支付服务股份有限公司（简称"富友支付"）第四次向港交所递交招股书，引发业内关注。 从最新招股书披露的数据来看，富友支付营收虽保持增长，但净利润有所波动。2022-2024 年，公司营收分别为11.42亿元、15.06亿元、16.34亿 元；同期净利润分别为0.71亿元、0.93亿元、0.84亿元，2024年净利润同比下滑接近10%。 | | | 截至12月31日止年度 | | 截至10月31日止十個月 | | | --- | --- | --- | --- | --- | --- | | | 2022年 | 2023年 | 2024年 | 2024年 | 2025年 | | | | | (人民幣千元) | | | | | | | | (未經審計) | | | 收入 | 1,142,419 | 1,505,665 | 1,634,256 | 1,346,358 | 1,306,822 | | 銷售成本 | (817,733) | (1,125,630) | (1,21 ...