China unveils rules to strengthen supervision of payment platforms


BEIJING: China has released a set of detailed rules to strengthen supervision of payment platforms, in a bid to ensure the healthy and sustainable development of the sector.

This follows calls for seamless financial regulation at a top-level meeting recently.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PBOC , payment , app , mobile

Next In Business News

Ringgit ends mostly higher against major currencies, but weakens vs US dollar
MBSB Bank provides RM29.6mil financing to Bisajuta for Sabah infrastructure projects
Reservoir Link secures PPA for 200MWac solar facility in Sarawak
MASkargo, IAG Cargo and Qatar Airways Cargo complete first customer shipment trial
Citi appoints Yik Ping Chong as Malaysia commercial banking head
Binastra records 93.4% revenue growth in 1H27, declares 4.0 sen dividend
FBM KLCI falls amid broad selling, ringgit sinks to one-month low
Malaysia strengthens aerospace position as local players move up value chain
Moody’s: 14-17GW additional power capacity to require up to RM95bil investment over 10 years
Malaysia treasurers bullish on AI, digital currencies despite integration barriers

Others Also Read