The measures for the deposit and management of customer reserve funds of payment institutions are explained as follows: customer reserve funds refer to the monetary funds actually received by payment institutions in advance for handling the payment business entrusted by customers.
On June 3, 2007, the People's Bank of China issued the Notice on Implementing Centralized Deposit of Customer Reserve Funds of Payment Institutions (hereinafter referred to as the Notice), requiring payment institutions to deposit customer reserve funds into the special deposit account of designated institutions according to a certain proportion from April 2065438.
How to collect the specific customer reserve funds should consult the specific institutions.
Zhifu Electronic Payment Co., Ltd. was incorporated in Futian Branch of Shenzhen Municipal Market Supervision Administration on September 29th, 2007.
The legal representative is Yao, and the business scope of the company includes the technical development of electronic payment system and payment settlement system.