Chinese 3rd-Party Online Payment Providers Remove Bank Deposit Products

2021-01-27 06:16:37

3rd-party online payment platforms such as Alipay and Jingdong Finance have removed all kinds of bank deposit products from their services.

In December last year, Alipay, Jingdong Finance, Didi Finance and other Internet financial platforms have remove their Internet deposit products for new users.

In response to regulatory requirements, platforms have suspended bank deposits totally for all users.

Chinese Internet Platform Jingdong Finance Alipay

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