Alipay Fined 3 Billion Chinese Yuan

Alipay Fined 3 Billion Chinese Yuan

SHANGHAI, CHINA - JULY 6, 2023 - The Alipay logo at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 6, 2023. On the evening of July 7, 2023, the People's Bank of China issued an administrative punishment notice, and Alipay (China) Network Technology Co., Ltd. was warned by the central bank for seven illegal acts such as violating the payment account management regulations, confiscating the illegal income of 830.9 million yuan, and fined 2,231 million yuan, a total of 3,069.1 million yuan.

  • Product Code
  • ILEA001508113
  • Registered date
  • 2023/7/06 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 4572 × 3048 pixel
  • Resolution
  • 350 dpi
  • Deployment size
  • 2.07(MB)*
  • Special instruction
  • China Out
    **The text may be generated by an automatic translation system**

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