Rumor: China to Issue Fourth Batch of Third-Party Payment Licenses
Donews, 5/31/12
The People's Bank of China (PboC) may issue a fourth batch of nearly 100 third-party payment licenses next month, according to an industry source.
The PboC has received license applications from 256 companies, 101 of which were approved in the third-round of licensing.
According to an industry insider, a tentative list of fourth-round awardees has been drafted and only awaits final approval. "Many applicants this round are regional third-party payment providers."
Editor's Note: For more information on this topic, please see "PBoC Issues Third Batch of Third-Party Payment Licenses," MD 1/02/12 issue.
Keywords: e-payment Internet license People's Bank of China third-party payment
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