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17 Payment Institutions Including Alipay and WeChat Pay Approved for License Renewal on April 30

GateNews

2026-04-30 10:56:26

According to the People’s Bank of China, 17 non-bank payment institutions, including Alipay, WeChat Pay, UnionPay Commerce, and others, successfully renewed their payment business licenses on April 30. The central bank’s official notice showed that 3 payment institutions had their renewal applications suspended, while 1 institution’s application was not accepted.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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