Thursday, 30 June 2016

Real Name Request in On-line Payment

People's Bank of China released Non-Bank Payment Body On-line Payment Regulation and is in effect from July 1st, according to which all users on third party payment platforms need to provide their identity in real name. 央行《非银行支付机构网络支付管理办法》(以下简称:《办法》)将于7月1日正式实施,第三方支付平台的用户需要按照《办法》规定完成实名验证。

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