Third party payment companies have failed, employees are not clear whether the boss is running

Recently, prepaid card enterprise Shanghai Cheong-Buy Enterprise Services Co., Ltd. (hereinafter referred to as Shanghai Chang) the failure to use the prepaid card. A staff member of the company told reporters that the headquarters December 17, 2014 to close the store, the current all stores have been closed, consumers can only go to the headquarters registration situation, as to whether the capital chain break or the boss run away is not known.

Industry insiders pointed out to reporters that the Third-party payments in the prepaid card companies have problems, more with the provision of money was diverted. Because the current through the off-site sales of funds can be directly into the third party to pay the company's other settlement accounts, there is the possibility of misappropriation of consumer funds.

Employee: Not sure if the boss is running

According to the data, the prepaid card covers Shanghai, Jiangsu, Zhejiang, Shandong, Anhui and other areas. And from last month, Chang bought a card in Zhejiang, Jiangsu and other fields have been exposed to the situation.

A Shanghai Cheong-chang staff told reporters that as early as November 2014, the company sold the prepaid card on the weekends can not be normal consumption settlement, the headquarters explained the reason is the equipment upgrade. December 2014, consumers reflect the many businesses can not be entertained, December 17 headquarters issued a notice to close the store, and arrears of employees one months wages.

"A store has about 30 ~40 employees, with stores in every suburb of Shanghai and more downtown," he said. Other provinces and cities have stores, at present all stores are closed, consumers can only go to Headquarters registration. The above staff told the reporter.

The reporter repeatedly calls Shanghai Chang to buy the headquarters work telephone, all shows "the user is busy" or "Cannot dial". According to Xinmin Network recently reported that the Shanghai Municipal Consumer Security Committee and other departments have been involved in the matter, but there is no latest processing results announced.

It is noteworthy that, December 19, 2014, Chang Card official website issued a notice said, "is fully testing the repair system failure, December 22 will be resumed after the resumption of commercial tenants." "But the reporter found that the current recovery of the merchant is extremely limited, and the daily available amount can not meet the needs of card consumers."

The staff also said that at present, consumers can only go to Shanghai Chang headquarters to fill out the card number, ID card number and other personal information, the company did not accept the cardholder's refund requirements. Employees are not clear about the company's current situation, as to whether the capital chain is broken or the boss run away is not known. And industry insiders told reporters, there are rumors in the industry, Shanghai Chang to buy the boss or because of the stock, estimated that there is lending. However, this statement has not been confirmed by the relevant parties at present.

Data show that Shanghai Chang was founded in early 2007, is officially approved by the state and received the central bank non-financial institutions to pay the business license of the independent external card issuing agencies. July 2014, the company has "expansion", the scope of business to expand to Shandong and Anhui two provinces.

Industry: Prepaid Card Preparation Deposit loopholes

Industry insiders told reporters that the prepaid card companies have problems, generally the custody of banks to control the failure of the provision of money is diverted, or through the agency to bypass the provision of payment supervision, and funds are basically moved into investment, lending.

The reason for the misappropriation of consumer funds is not unrelated to the cash-for-money management loopholes paid by third parties. The industry insiders told reporters, according to the central Bank of the regulation of payment, each prepaid card companies are corresponding to a commercial bank as a reserve payment custodian bank. The prepaid card company carries on the business through the commercial agent and the long-distance agent mode. However, the off-site agent is not included in the provision of payment supervision, through off-site sales of funds can be directly into the third party to pay the company's other settlement accounts. This is the possibility of misappropriation of consumer funds.

Another personage in the industry said that the capital chain rupture this situation is generally a third-party payment company to build a pool of funds, for short-term lending-type misappropriation, such as bridge lending, but the bridge funds if not in time to return will appear problems.

According to the reporter understands, since 2014, the third party pays the enterprise to expose frequently the crisis. The original low-key prepaid card industry since the second half of 2014 also appears to be not very calm, "Kang Jun incident" reflects the single purpose prepaid card some problems. October 2014, well-known health institutions Kang Jun Health Club due to the problem of capital chain led to the closure of some stores in Shanghai, and spread to Beijing and other areas.

Ku Xiantao, a researcher at the Financial Research Center, told reporters that the last two years to pay the industry a series of disorderly bureau to make the regulatory layer of pressure, the recent UBS Credit Suisse company by the central bank temporarily recover payment business license is the most stringent measures in the history.