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There Are Hidden Tricks In Online Sales Of POS Machines, And The Risk Of Cashing Out By Illegal Drivers Is High-Lijin Finance

There Are Hidden Tricks In Online Sales Of POS Machines, And The Risk Of Cashing Out By Illegal Drivers Is High

The payments industry may be facing its most heavily regulated year yet. A recent investigation by a reporter from Beijing Business Daily found that despite repeated strict regulatory crackdowns, many new methods of online sales of POS machines have emerged in the market. In major e-commerce platforms, a variety of POS machines are included with product links.

In The First Half Of This Year, The China Securities Regulatory Commission And Local Securities Regulatory Bureaus Issued 181 Fines, Confiscating 2.42163 Billion Yuan.

Since the beginning of this year, regulatory authorities have continued to use "zero tolerance" to crack down on various illegal activities in the capital market and strengthen law enforcement and deterrence. According to statistics from the China Securities Regulatory Commission website, the China Securities Regulatory Commission and local securities regulatory bureaus issued 181 administrative penalty decisions (hereinafter referred to as fines) in the first half of the year.

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