China Net Finance, December 18 (Reporter An Ran Zhu Ling) On December 17, the "Regulations on the Supervision and Administration of Non-bank Payment Institutions" (hereinafter referred to as the "Regulations") was officially promulgated and will come into force on May 1, 2024. The "Regulations" were officially announced, what is the feedback from the industry?China.com financial reporters interviewed a number of payment institutions on this.
Lakala: Building a Healthy and Prosperous Payment Market for Sharing.
Lakala said that the formal implementation of the "Regulations" will guide payment institutions to pay more attention to product innovation and service quality, pay more attention to the quality of compliance construction and development, and pay more attention to the protection of the rights and interests of payment consumers, and will also effectively promote the orderly competition in the payment market and the high-quality development of the payment industry, so as to provide a basic guarantee for the long-term healthy prosperity of the payment industry.
Lakala also said that compliance is productivity, and compliance is competitiveness. In the next step, we will consistently adhere to the bottom line of compliance, keep integrity and innovation, move forward bravely, and work with all parties in the industry to consciously maintain the order of fair competition in the payment market, and make greater contributions to the high-quality development of the payment industry, better serving the development of the real economy and the digital transformation of merchants.
Lianlian Pay: Fully implement the requirements of the "Regulations" to help the high-quality development of the payment industry.
Lianlian Pay said that the "Regulations" have incorporated the full-chain and full-cycle supervision of the non-bank payment industry into the rule of law and standardization from several aspects, such as strict entry thresholds, improving payment business rules, protecting the legitimate rights and interests of users, and clarifying regulatory responsibilities and legal responsibilities, which have clarified the direction and provided legal guarantee for the compliance operation, orderly competition and high-quality development of the payment industry.
Under the guidance of the regulatory authorities, LianLian Pay will conscientiously study and comprehend Xi the spirit of the "Regulations", fully and solidly implement the requirements of the "Regulations", continue to adhere to compliance as the cornerstone and user-centric, innovate and create diversified products and business models that meet the needs of users, optimize payment services in an all-round, multi-channel, wide-coverage and in-depth manner, improve customer payment experience, and expand the development of inclusive payment.
Allinpay: Resolutely implement the "Regulations" and jointly promote the compliance and high-quality development of the payment industry.
Allinpay said that under the guidance of the "Regulations", Allinpay will strengthen the study and Xi in accordance with the relevant deployment of the People's Bank of China, conscientiously implement it, unswervingly follow the path of financial development with Chinese characteristics, fully implement the requirements of the "Regulations", adhere to the high-quality development of compliance as the foundation, serve the real economy as the guide, uphold integrity and innovation, conduct business in compliance, and cooperate with all parties in the industry to jointly promote healthy competition and standardized and healthy development of the industry.
Ctrip: The Regulations provide strong guidance for the sustainable and high-quality development of the payment industry.
The person in charge of Ctrip's payment business said that the promulgation and implementation of the Regulations on the Supervision and Administration of Non-bank Payment Institutions provides a guarantee for further preventing and resolving risks in the payment field and regulating the healthy and sustainable development of the payment market. The "Regulations" have been further strengthened and improved in many aspects such as payment business rules and protection of the legitimate rights and interests of users, which will help the payment industry better play the role of payment in helping the development of the real industry, better meet the diversified payment needs of the people, and provide strong guidance for the sustainable and high-quality development of the payment industry.
ZTO Payment: Fully implement the requirements of the "Regulations" and adhere to the correct orientation of "payment for the people".
ZTO Pay said that the company will conscientiously study Xi and resolutely implement the requirements of the Regulations on the Supervision and Administration of Non-bank Payment Institutions, and serve as an important basis for the company's business development. The promulgation of the Regulations on the Supervision and Administration of Non-bank Payment Institutions is conducive to promoting non-bank payment institutions to further improve their internal governance capabilities and risk prevention levels that match their business qualifications and market influence, protect the legitimate rights and interests of consumers, maintain the bottom line of risk in the payment industry, and ensure the sustainable and healthy development of the payment industry.
Online Banking**: The promulgation of the Regulations has consolidated the legal foundation for the sustainable and healthy development of payment institutions.
The relevant person in charge of online banking** said: The promulgation of the "Regulations" has pointed out the direction for payment institutions to continue to operate in compliance and create a high-quality industry developmentFrom the perspective of legislation, the top-level design of industry supervision has been further improved, the legal level of supervision of payment institutions has been improved, and the legal foundation for the sustainable and healthy development of payment institutions has been consolidated.
Under the guidance of the financial regulatory authorities, the online banking will continue to deeply study and Xi the decision-making and deployment of economic development and financial work supervision, adhere to the service tenet of small amounts and convenience for the people, practice the concept of "compliance is development" of Jingdong Group, implement the requirements of the Regulations for institutional management, create high-quality payment services, and contribute to the long-term sustainable development of the industry.
Fuyou Payment: Actively respond to the "Regulations" and contribute to the standardized and healthy development of the industry.
Fuyou Pay said that after the promulgation of the "Regulations", it is of great positive significance to the healthy and steady development of the non-bank payment industry, which will further consolidate the legal foundation for the standardized and healthy development of payment institutions, help create a law-based business environment, stabilize the expectations of all parties, stimulate market vitality, and also help protect the legitimate rights and interests of users, prevent and resolve risks, and promote the high-quality development of the non-bank payment industry.
Huifu Payment: Actively practice the development principle of payment benefiting the people and serving the real economy.
Huifu Payment said that the promulgation of the Regulations shows the principle of returning payment to its origins and serving the real economy, and guides payment institutions to pay more attention to product innovation and user services, so as to better meet the diversified payment needs of the people and the real economy. The "Regulations" further strengthen the supervision of the whole chain and the whole cycle of payment institutions, which is conducive to giving full play to the role of a legal business environment in ensuring the sustainable and high-quality development of the industry.
In the future, Huifu Payment will conscientiously implement the regulatory requirements of the Regulations, such as institutional management, reserve management, business management, and risk monitoring and prevention, so as to ensure the security of payment transaction data and funds, and effectively safeguard the legitimate rights and interests of financial consumers.
New Life Payment: Strictly implement the "Regulations" and strive to promote the high-quality development of the company's business.
Xinsheng Pay said that the promulgation of the "Regulations" is to guide non-bank payment institutions (hereinafter referred to as payment institutions) to serve the real economy, better protect the legitimate rights and interests of users, and further play their positive role in prospering the market economy and facilitating people's lives.
The company will take the promulgation of the "Regulations" as an opportunity to strictly abide by the bottom line of compliance, fully implement the regulatory requirements of the "Regulations", lead by party building, keep integrity and innovation, strive to build a characteristic payment brand of Hainan Free Trade Port, practice the responsibility of payment for the people, and strive to achieve high-quality development.