According to the news of the Financial Associated Press on December 30, the central bank issued the Yinxu Zhuzhu Decision [2023] No. 189 document, agreeing to the change of Alipay (China) network technology to no actual controller.
This change has caused a lot of discussion among the general public, whether it is a good thing or a bad thing
First of all, we need to know what it means for a company to become uncontrolled. For Alipay, the absence of an actual controller means that Alipay is no longer directly affected by any single shareholder, so it has higher decision-making independence and transparency.
We all know that Alipay has always been under the actual control of Alibaba, and the actual controller is Boss Ma. Alipay's change to no actual controller has led many people to worry that it may lead to chaos in their operations. But in reality, the absence of an actual controller does not mean that there is no management and supervision.
Alipay, as a favorite third-party payment company, has always been subject to the daily supervision of the central bank. After changing to no actual controller, Alipay will be more convenient to accept supervision, which will not only not affect the normal operation of Alipay, but will strengthen the supervision of the state, protect the rights and interests of consumers, and also enhance Alipay's credibility and responsibility, making Alipay its safer and more reliable payment service.
Of course, the structure without an actual controller may also bring some drawbacks, such as reducing the speed and efficiency of decision-making, and may delay the rapid response to market changes.
All in all, this change will not affect the public's use of Alipay, as for the future direction, we hope that Alipay can open up a wider market, can bring more convenient services to people, and can be more powerful, more stable, more trustworthy third-party payment companies.
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