Official website, Texas, has Rongtong been stopped?

According to the "Implementation Plan for Special Remediation of Risks of Non-bank Payment Institutions" issued by the Central Bank and other ministries and commissions on April 14, the third-party payment will be included in the supervision scope of Internet financial rectification. According to the requirements of the document, eight third-party payment instruments, such as Remittance Tianxia, Yifutong, Suifutong, Fu You, Kayou, Haike Rongtong, Shengfutong and Fu Jie Ruitong, were suspended nationwide. In addition, Guangdong Jia Li 'an and UnionPay Commercial Company of China UnionPay were required to conduct self-inspection, and there were 10 third-party payment instruments involved this time.

Third-party payment is increasingly favored by users because of its simplified transaction operation process, lower capital use cost of merchants and banks, and detailed transaction record system. Take UnionPay business, Alipay and other third-party payment tools as examples, and they all show their magical powers in the development wave of Internet finance. Among them, Alipay and WeChat have the fastest development momentum and the largest market share.

With the close connection between the third-party payment market and banks, it is an indisputable fact that the status of UnionPay is being challenged more and more. Take Alipay as an example. Alipay has been directly connected with more than 180 banks and international organizations such as VISA and MasterCard, accounting for half of the domestic third-party payment platforms. In addition to Alipay, there are a large number of third-party payment companies such as Tenpay, which have brought an important innovation to the payment market, both in terms of transaction scale and innovative payment mode.