The introduction of payment licences will speed up the industry shuffle

Abstract: The central bank issued the "Non-financial institutions to pay services management measures" (hereinafter referred to as "measures") policy is affecting the nerves of various types of payment enterprises. In addition to the network payment companies included in the scope of regulation, we are familiar with the joint China OK Card, Smatka and other prepaid cards

The reporter noted that, in accordance with the provisions of the "measures", in fact, including the Joint China OK Card Distributor Hundred Electronic Commerce Co., Ltd., smart and other enterprises have not met the required standards of registered capital. However, a number of companies said it was "not a problem", and are actively preparing to increase funds to secure applications for licences.

For prepaid card Enterprises, the establishment of entry threshold, will undoubtedly be an industry shuffle process. However, industry analysts pointed out that the approach is only "as intermediaries" non-financial institutions, and for prepaid card disputes and high-risk areas of the large number of beauty salons, restaurants and other outlets issued by the store for our consumption of prepaid cards or prepaid coupons, and so on, is not within the scope of supervision.

A number of companies are not "standard"

In accordance with the provisions of the scheme for Non-financial institutions to pay the qualifications of applicants for services, "the minimum limit of registered capital is 100 million yuan for the payment business to be carried out nationwide, and the minimum limit of registered capital is 30 million yuan for the payment business to be carried out within the scope of the province (autonomous region and municipality). ”

It is reported that Shanghai's largest prepaid card distributor is the hundred-linked Electronic Commerce Co., Ltd., its card can be used in a number of shopping malls, pharmacies, and hundred UMC registered capital of 50 million yuan, from the national scope of business standards are still half the difference. Shanghai Smatka is currently available in more than 6,000 businesses, with a registered capital of only 2 million U.S. dollars, even if only to run local business is not up to standard.

In this regard, yesterday (24th), the Hundred Lianhua and smart related people to the daily economic news, said, "No problem", the current card can still continue to use. In the interview, a number of enterprises have emphasized that the company will solve the qualification problem as soon as possible, obtain payment business license.

In addition, the reporter learned that the hotel business has been known to the Accor Group also has a business related to prepaid cards. It is reported that its Accor e card issuance volume has reached 900,000, there are more than 4,000 merchants. However, asked about the central bank's requirements for registered capital and profitability, Accor services to China companies yesterday did not disclose the specific amount of registered capital, but said that the company's profit requirements have already met the requirements, and because the group as a contributor, the company's registered capital to meet the standards will not be a problem.

The group said last year that the company had begun to complete the corresponding report as requested by the Central bank, seeking to complete the application process as soon as possible and become the first batch of companies to receive "payment business" licences.

Only our consumption is outside the scope of supervision

There are now hundreds of kinds of prepaid cards in circulation in the market, roughly can be divided into two categories: one is similar to Smatka, Shang Ban cards, such as stored value cards, can be in a number of shopping malls, supermarkets, restaurants, entertainment enterprises, including the joint China OK card, such as the development of a number of merchants, also belong to this category; There is also a catering business, Beauty salon Enterprises, such as the issue of the consumption of stored value cards, can only be used in the enterprise consumption.

It is understood that this approach to the type of prepaid card, refers to the issue of for-profit, outside the issuing agency to buy goods or services prepaid value, including the use of magnetic stripe, chip and other technologies in the form of cards, passwords and other forms of prepaid cards issued.

"In terms of content, this type of prepaid card that is used only for our consumption is not included in this regulatory category." "Yesterday, China E-commerce Research center E-commerce analyst Fang Zhi to the daily economic news, said."

or accelerate the pre-paid card industry monopoly

Industry believes that for many prepaid card enterprises, this is an industry reshuffle process. China E-commerce Research Center E-commerce analyst Fang Zhi, said the policy, not only will not meet the requirements of prepaid card enterprises forced to increase capital, and the competition after the increase in capital, the rapid infiltration of regional markets is the most important.

"It is expected that the pre-paid card market will be more likely to monopolize," she said, and that the introduction of payment licences would speed up the industry shuffle, eliminate less-qualified and uncompetitive small businesses, and expect a nationwide or regional payment business to prevail in the future, accelerating monopolies. "It is expected that Shanghai will be able to meet the third party payment agencies will be about 10." "According to one industry personage forecasts.

Analysys, an international senior analyst at Analysys, points out that "the companies that are likely to be phased out are mainly at the disadvantage of small businesses in market competition." He pointed out that there are still a number of issues in the "approach" that are not detailed, such as the qualifications of foreign companies, and the scope and qualification of the company's work in specific industries, etc. ”

However, the central bank has said June 23 that it will draw up the implementation rules and related operational measures of the "non-financial institutions ' payment services Management scheme", and will make a statement in the relevant business practices on the issue and acceptance of prepaid cards and the business methods of bank card receipts.