
Another payment institution has been penalized! The industry reshuffle accelerates, with a cumulative cancellation of over 100 licenses
Recently, an administrative penalty information disclosed by the Fujian Branch of the People's Bank of China shows that Fujian Xingyi Payment Technology Co., Ltd. was warned and fined a total of 8.4719 million yuan for illegal activities. Public information indicates that the aforementioned payment institution is a holding subsidiary of the A-share listed company NEWLAND

