Third payment license maybe issues within two weeks in China, hundreds of companies will obtain a license

Recently reporters get news from the industry, the third payment license, a number of 60 licenses will issue in fastest one to two weeks in China. Last time there is a number of 40 licenses, so more than one hundred companies will obtain a license. Currently, the number of company who has submitted third-party payment license application has reached 240.

Three Internet Service Providers Subordinate Payment Companies will appear the “list”

According to related reports, the third payment license, a number of 60 licenses will issue, “Most of the third license will issue to local companies, including 21 in Shanghai. Mostly the third license is pre-paid card.” An insider says. China Mobile, China Unicom and China Telecom, the three Internet Service Providers subordinate payment companies will appear the “list”.

In May, the first payment license was issued about 27. September 1, 2011.The central bank had re-issued 13 licenses. As a result, the number of company obtains license reached 40, involving the internet payment, mobile phone payments, and telephone land lines services as so on. But more companies are still waiting for a license. According to preliminary statistics, the number of company who has submitted third-party payment license application has reached 240, but more than 200 companies are looking forward to the license.

License lead to Merger

With the license gradually are issued, the third-party payment companies will also start to operate capital. Reporters learned in Shanghai a financial network technology company obtain the second license has been mergers and acquisitions four local businesses.

“Although many companies have submitted applications, but in the end the number of company may not exceed 200. How to survive to the rest of the business? To cooperate with these companies get a license or have be qualified, or be acquired.” Insiders Analyzed. Earlier in September, Alipay has announced they acquire Ann Card .

Analysis International is expected, the capital market in the future will be further active in the field of third-party payment.

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