People's Bank of China, Measures for the Administration of Payment Services of Non-financial Institutions

中国人民银行非金融机构支付服务管理办法

PBOC puts online payment services under scrutiny.

2 minute readJuly 14, 2010 at 12:58 AM
By
clpstaff
& clp articles

Promulgated: June 14 2010

Effective: September 1 2010

Interpreting authority: People's Bank of China (PBOC)



Applicability:
The phrase “payment services of non-financial institutions” refers to some or all of the following fund transfer services provided by non-financial institutions as an intermediary between payers an

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