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27 companies obtain the first batch of third-party payment licenses


May 26, the central bank issued a formal national treasure of the first "pay business license" (the "License") to the Alipay (China) Technology Co., Ltd. It's a symbol that the outstanding decade-long issue of the position of third-party payment companies finally resolved.

According to the policy, the third party payment licenses have been issued to a total of 27 companies by mail. Alipay, TenPay, 99Bill and other private third-party payment companies have got the licenses. The industry believes that the license issued in addition to favor the industry interest, will also bring in international competition policy support to the third-party payment "China Team".

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