北京商报讯（记者 廖蒙）支付新规落地一年有余，从业机构仍在合规调整中。7月13日，北京商报记者注意到，人民银行北京市分行日前公示的非银行 支付机构重大事项变更许可信息显示，支付机构北京高汇通商业管理有限公司已获准更名为北京有赞支付有限公司（以下简称"有赞支付"），同时同意 该公司注册资本变更为2亿元。在本次变更前，有赞支付的注册资本为1.5亿元。 | 序号 | 企业名称 | 许可文件编号 | 许可文件名称 | 有效期至 | 许可内容 | 作出行政许可决 备注 定机关名称 | | --- | --- | --- | --- | --- | --- | --- | | | 北京高汇通商 | 京银许准予决字 | 中国人民银行北京 | | 同意北京高汇通商 业管理有限公司的 | 公司名称变更为北 中国人民银行北 | | 1 | 业管理有限公 | | 市分行准予行政许 | | | | | | 司 | (2025) 7598号 | 可决定书 | | 京有赞支付有限公 | 京市分行 | | | | | | | 司,注册资本变更 | | | | | | | | 为20000万元。 | | | | | | | | | 【一十六 ...

Core Viewpoint - Shanghai Fuyou Payment Service Co., Ltd. is making efforts for its IPO, having submitted its prospectus to the Hong Kong Stock Exchange for the third time, but has faced challenges including declining profitability and compliance issues [1][4]. Financial Performance - In 2024, Fuyou Payment achieved a revenue of 1.634 billion yuan, an increase of 8.54% year-on-year, but its net profit decreased by 9.31% to 84.325 million yuan [4]. - The company's gross margin for 2024 was 25.9%, which, while up 0.7 percentage points from 2023, was down 2.5 percentage points from 2022 [4]. - The decline in gross margin is attributed to increased commission rates for channel partners and competitive pressures in the cross-border payment service sector [5]. Business Strategy - Fuyou Payment plans to allocate 35% of the IPO proceeds to enhance its product offerings through innovative solutions, 30% for technology platform investments, 15% for expanding its payment network, 10% for overseas business expansion, and 10% for working capital [2]. Compliance Issues - Since 2021, Fuyou Payment has faced four administrative penalties totaling approximately 6.9 million yuan due to non-compliance with relevant laws and regulations [6]. - The company has been involved in 47 lawsuits related to its previous services for P2P platforms, with 39 cases resolved by the last feasible date [6][7]. Market Position - In 2024, the total transaction payment volume (TPV) of China's comprehensive digital payment service market was 268.6 trillion yuan, with Fuyou Payment holding approximately 0.8% market share, ranking eighth overall and fourth among independent providers [7]. - The top three digital payment service providers dominate the market, holding a combined market share of 75.6%, creating significant competitive pressure for smaller players [8]. Future Outlook - The ability of Fuyou Payment to successfully complete its IPO remains uncertain, with ongoing monitoring of its progress [9].