Payment Law Advisor Legal Commentary and Resources for the Payment Industry

Regulation of Payment Services in China

Posted in Global Insights

Understanding the payments regulatory environment in China—both the existing regime and pending developments—is essential for companies engaged in cross-border payments activities (particularly non-financial institutions). At the recent 2016 Digital Payments Intensive in London, DWT Payments team member Vincent Wang, a partner in our Shanghai office,* offered insight on regulations and trends in the China market as they pertain to:

  • Payments through networks
  • Prepaid cards
  • Cross-border payments
  • Internet-based financial services

View his presentation here.

*Our Shanghai office closed in 2018.