PANews April 30 news, Alipay, WeChat Pay, UnionPay Business and other large third-party payment institutions successfully renewed their payment licenses. On April 30, the People's Bank of China published the information on the renewal (replacement) of the non-bank payment institution "Payment Business License" (batch of May 2026), indicating that 17 institutions, including Alipay Payment Technology Co., Ltd., UnionPay Business Payment Co., Ltd., Tonglian Payment Network Service Co., Ltd., Kuaiqian Payment Clearing Information Co., Ltd., Shanghai Huifutong Payment Co., Ltd., Shanghai Shengfutong Electronic Payment Service Co., Ltd., Ping An Pay Electronic Payment Co., Ltd., Shanghai Paytong Payment Service Co., Ltd., Beijing Qianbaobao Payment Technology Co., Ltd., Yufu Payment Co., Ltd., Online Banking (Beijing) Payment Technology Co., Ltd., Lakala Payment Co., Ltd., Yisheng Payment Co., Ltd., Xinxing Payment Co., Ltd., WeChat Pay Payment Technology Co., Ltd., Yingsheng Payment Service Co., Ltd., Shanghai Huaxun Payment Co., Ltd. Meanwhile, the renewal applications of 3 payment institutions were suspended, and 1 payment institution's renewal application was not accepted.

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