Following the end of October, Zhonghui Electronic Payment received a fine of 10 million yuan, another third-party payment company, Deshi Shares, hereinafter referred to as Deshi Shares, was fined a total of more than 88.73 million yuan.
Since the beginning of this year, with the tightening of regulations, many payment companies have been punished. On July 7, payment giants Alipay and Tenpay were fined more than 3 billion yuan and nearly 3 billion yuan respectively by the central bank.
However, Seven Finance noticed that Deshi shares were fined twice for violating liquidation management regulations, and its payment license was also suspended and renewed in August 2021.
For the same reason, he was fined more than 90 million yuan, and the review of the payment license was suspended
A few days ago, according to the administrative penalty information released by the Shanghai branch of the central bank, Deshi shares (hereinafter referred to as Deshi shares) were warned and confiscated about 242 illegal gains620,000 yuan, a fine of 8,63050,000 yuan, with a total fine of more than 88.73 million yuan.
Specifically, the company was found guilty of violating the merchant management regulationsPenalty for violating liquidation management regulations. Because he was responsible for violating the liquidation management regulations of Deshi shares, Chen (then general manager of Deshi shares) and Li Moutong (then assistant general manager of Deshi shares) were both warned, and Li Moutong was fined 100,000 yuan.
Seven Finance noted that this is not the first time that Deshi shares have received a huge fine for violating liquidation management regulations. In February last year, Deshi was fined 4.3 million yuan for the above-mentioned violations of laws and regulations and ordered to make corrections within a time limit.
Tianyancha data and official website show that Deshi was established in October 2006 and is one of the earliest enterprises in Shanghai to obtain a third-party payment business license, with a registered capital of 1500 million yuan, the legal representative is Wang Xiaolei, and the main business scope includes the issuance and acceptance of prepaid cards, Internet payment, etc.
It has to be mentioned that in August 2021, according to the public information on the renewal of the administrative license for the "Payment Business License" of non-bank payment institutions released by the central bank, the central bank decided to suspend the review of its application for renewal of the "Payment Business License" due to the circumstances stipulated in Article 24 of the "Implementation Measures of the People's Bank of China Administrative License".
Article 1 of Article 24 shows that the applicant has been investigated by the central bank or other administrative organs for suspected violations of laws and regulations, or has not yet been investigated by the judicial authorities, and the review has been suspended if it has a significant impact on the administrative licensing matters.
In addition, if the applicant is subject to regulatory measures such as restricting business activities or ordering the suspension of business for rectification by the central bank and has not been lifted, as well as if it is taken over by the central bank or other administrative authorities, the renewal will also be suspended when applying for the renewal of the payment license.
According to Paypedia, in June 2020, the chairman of Deshi was arrested by the out-of-town. It is also worth mentioning that,Previously, due to the impact of supervision,Deshi shares lottery business turned into gaming,And because of the payment channel for many gaming merchants,Provide payment settlement for illegal platforms,Deshi shares have been complained by a large number of users.
As a result, the renewal of the payment license may be suspended due to the involvement of criminal cases in gaming.
The second shareholder becomes the executor, and the partners include Wal-Mart
According to the official website, at present, the company takes the payment business as the core, based on the three major products of Deshi Card, Deshitong and Deshibao, and takes the Deshi wallet as the carrier, through the Deshi wallet, the existing prepaid card customer group will be converted from prepaid card payment to mobile payment, and the products of Deshitong and Deshibao will be integrated into the Deshi wallet.
Seven Finance understands that the card is divided into a registered card and a bearer card, which is issued to enterprises, institutions and individual users with magnetic stripe cards as the medium.
Cardholders can purchase goods or services by swiping their cards at designated merchants, and in addition to direct card purchases, they can also recharge the funds in the card to the TTS account for Internet payment, and realize mobile payment through the TTEX Wallet.
The online payment platform is an online payment platform that realizes the docking of Deshi card, bank card and commercial banks, ** companies, social platforms and e-commerce platforms through the Internet.
Deshibao used to be an Internet financial platform that provided third-party wealth management products. It has launched products such as currency** and short-term bonds**.
According to the official website of Deshi Co., Ltd., its partners include C.P. Lotus, Wal-Mart, Parkson, Makefaron, Xishito, RT-Mart, New World Department Store, Starbucks, Häagen-Dazs, Papa John's, etc.
In terms of equity, the top three shareholders of Deshi are Shanghai Deshi Holdings, which holds 56 shares82%), Zhang Yuedi (holding 856%) and Shanghai Liteng Investment Management Partnership (Limited Partnership) (holding 626%）。
It is worth noting that Zhang Yuedi, the second shareholder of Deshi shares, has a number of cases of being executed and restricting high consumption, with an execution target of 14.5 million yuan, and the case involves a dispute over a loan contract.