Can the payment company accept money?

Of course. Payment companies can collect money and need to comply with relevant laws, regulations and regulatory requirements. In China, payment companies need a payment business license issued by the People's Bank of China to engage in payment business. The business scope of the payment company includes collection and payment, online payment, issuance and acceptance of prepaid cards, etc. Among them, the collection and payment business refers to the business that the payment company accepts the entrustment of customers, collects money on its behalf and pays it to the designated payee.