POS company was heavily penalized by the central bank! Don't pay the license?
Payment agency intensive ticket in December
In recent years, with the continuous expansion of third-party payment institutions, the supervision has also been tightened. On December 13, the People's Bank of China Harbin Central Branch issued six payment fines. Six payment agencies, such as Kayou Payment, Shande Payment, Shanghai Shengfutong, and Tonglian Payment, were all fined for violations of the bank card acquiring business. Among them, Kayou paid, Shanghai Shengfutong was fined 60,000 yuan, and the other four institutions were fined 20,000 yuan. The date of administrative penalty is December 7, 2017.
On December 13th, the People's Bank of China's Qingdao City Center Branch Punishment Information Publicity Form, publicizing the penalty and paying for music and technology. Both were fined 60,000 yuan for violating the bank card acquiring business management regulations. Among them, the company has received 10 tickets since 2014 and received 6 tickets in 2017.
In 2017, the People's Bank of China has disclosed at least 110 administrative penalty decision orders to the payment institution. In 2016, the central bank issued about 44 tickets to the payment institution. In 2017, the number of third-party payment tickets increased, and related regulations became stricter. In recent years, the central bank has maintained a high pressure on payment company violations. According to the official website of the central bank, in the payment company, the number of cancelled licensees has reached 24. In addition to partial cancellations due to normal business changes (such as mergers), there are also “delisted†organizations that have been identified by the media as serious violations.
Bank card acquiring business violates regulations into “hardest hitâ€
Recently, the central bank Shijiazhuang Central Branch and Harbin Central Branch successively announced the latest payment fines. Specifically, due to violation of the prepaid card business management regulations, Hebei Beiren Yitong Payment Service Co., Ltd., Hebei Yika Electronic Payment Service Co., Ltd. and Yujia Payment Co., Ltd. were each punished by 50,000 yuan, 40,000 yuan and 40,000 yuan. Fines; and Shanghai Shengfutong Electronic Payment Services Co., Ltd. Shijiazhuang Branch was fined a fee of 40,000 yuan for violating the bank card acquiring business management regulations.
The Hangzhou People’s Bank recently announced a last year’s ticket. Zhejiang Beifu Technology Co., Ltd. was given administrative penalties for “not fulfilling the customer identification obligations in accordance with the regulations and not submitting large transaction reports or suspicious transaction reports in accordance with regulationsâ€. 490,000 yuan.
Industry insiders admit that in the bank card acquiring business, many payment institutions have problems such as unimplemented real-name system of special merchants, illegal trading interfaces for other institutions, non-compliance of fund settlement, and irregular management of outsourcer cooperation; the same prepaid card field There are also chaos such as running and illegal fund-raising, so the regulators frequently shot in the past two years.
Product name:Leather Cleaner Brand:YIQUN AEROSOL Volumn:450ml, 600ml, 750ml Certificates:ISO9001, ISO14001, OHSAS18001, REACH, MSDS, CARB VOC, CA65 MOQ 5,000 pieces Formula Customize formula or use our pre-defined formula Can Printing:Design new packaging for you or provide us with your design Sample time:3-5 days Price Terms:EXW, FOB, CIF Payment terms:T/T, LC, Alibaba Insurance Trade.We are manufacturer of Leather Care in China, if you want to buy Leather Cleaner,Leather Conditioner,Car Leather Cleaner please contact us.
Leather Care,Leather Cleaner,Leather Conditioner,Household Leather Cleaner
Linyi Yiqun Packaging Products Co., Ltd , https://www.yqpackingbag.com