Is Chengdu Mo Bao official?
Mo Bao in Chengdu is irregular. According to relevant information, Chengdu Mo Bao Network Technology Co., Ltd. is the only third-party payment company established in Sichuan with the approval of the People's Bank of China, and has the national license for Internet payment, mobile payment and cross-border payment. During this period, Chengdu Mo Bao Network Technology Co., Ltd. violated the relevant provisions of the Measures for the Administration of Bank Card Acquisition, the Measures for the Administration of Online Payment by Non-bank Payment Institutions and the Measures for the Administration of Payment Services by Non-financial Independent Institutions.