The Shanghai central bank re-issued, and seven payment agencies, such as Shande Tonglian, were fined again.

On September 14th, the "Penalty Devil", the Shanghai Branch of the People's Bank of China, issued seven more tickets. Among them, Shande Payment Network Service Development Co., Ltd. was confiscated illegal income of RMB 349,141.81, and imposed a fine of RMB 850,000.00 for a total of RMB 1,199,141.81; Tonglian Payment Network Services Co., Ltd. was fined RMB 40,000; Shanghai Huashi Information Technology Co., Ltd. The company was fined RMB 40,000. The first two administrative penalty decision dates are September 5, 2017, and the latter is September 4, only one day before and after. And their "type of illegal behavior", like most tickets, is "violation of payment regulations."

On September 6, An Fubao, Shanghai Xinhua Media E-Commerce, Sinosteel Yintong, Dongfang Fu and other four institutions were fined, ranging from 10,000 to 40,000. From September 4 to 6, three days, the seven payment agencies issued a ticket, the efficiency of the Shanghai Central Bank is not high.

As the economic and financial center of China, Shanghai has many natural payment institutions. It is understood that there are a total of 53 payment institutions headed by the Shanghai branch of the central bank. After a series of mergers and acquisitions and cancellations, there are 47 remaining. As of now, 41 have received tickets.

It is worth mentioning that whether it is Shande or Tonglian, it has received a ticket from the central bank. Most notably, in 2016, Tonglian Payment was due to the existence of unconfirmed merchant real-name system, change of bank card transaction information, provision of transaction interface for unlicensed institutions, deposit and transfer of customer reserve funds through non-customer reserve fund accounts, and outsourcing services. Serious violations such as irregular management were confiscated, illegal proceeds were 3,033,755.34 yuan, and a fine of 11,101,266.02 yuan was imposed. In the first half of this year, due to “not fulfilling the customer identification obligation according to the regulations, failing to save the customer identity data according to the regulations, failing to submit the suspicious identity transaction report according to the regulations” and “the illegal anti-money laundering settlement management regulations”, Shande’s subsidiaries were respectively The central bank of Dalian and the central bank of Fuzhou were fined 25 and 590,000.