Tenpay Fined 2 Billion 990 Million

Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a Tenpay logo in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

  • Product Code
  • ILEA001509128
  • Registered date
  • 2023/7/08 00:00:00
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  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
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  • China Out
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