1. A legally established limited liability company or joint stock limited company in People's Republic of China (PRC), and it is a non-financial institution of a legal person.
2. It has the minimum registered capital meeting the requirements of these Measures.
3. There are investors who meet the requirements of these Measures.
4. There are more than 5 senior managers who are familiar with the payment business.
5. There are anti-money laundering measures that meet the requirements.
6. There are payment facilities that meet the requirements.
7. Have a sound organizational structure, internal control system and risk management measures.
8. Having business premises and safety precautions that meet the requirements.