Wang Jianlin is in big trouble! Recently, Wang Jianlin's company Quick Money Payment was fined 10.04 million yuan for violating a number of regulations, while Fast Money Payment 2 then-senior executives were also fined 35,000 yuan and 85,000 yuan respectively, the specific reasons for violations pointed to Fast Money Payment violating account management regulations, violating liquidation management regulations, failing to perform customer identification obligations according to regulations, and trading with unidentified customers, and as one of the first established third-party payment companies in China, Fast Money Payment has previously had a "black history" of being fined many times, but the fine exceeded 10 million. Or the first time!
Established in 2004, Fast Money Payment is now 100% controlled by Shanghai Wanda Network Financial Services Co., Ltd. Through the Tianyancha Equity Penetration Chart, the company's ultimate beneficiaries and suspected actual controllers are pointing to Wang Jianlin, it is worth mentioning that Fast Money was once the first camp in the domestic third-party payment market, with a market share second only to Alipay, Tenpay and UnionPay Commerce, and now, Fast Money Payment ranks only 8th in the top 50 third-party payments in 2021 released by Internet Weekly.
Even if the market position continues to decline, it has also suffered heavy penalties from the regulatory authorities, saying that Wang Jianlin is not worried, that is false!
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