recently,Xiaohongshu obtained a payment license, which actually came from the acquisition of the payment institution Oriental Electronic Payment Co., Ltd.Tianyancha APP shows that the payment institution Oriental Electronic Payment Co., Ltd. is currently 100% controlled by Ningzhi Information Technology (Shanghai) Co., Ltd.
Ningzhi Information is a subsidiary of Xiaohongshu Technology Co., Ltd., which marks that Xiaohongshu has officially obtained a payment license.
According to information released by the central bank, the payment license held by Oriental Pay will be renewed in August 2024, and it has business qualifications such as Internet payment.
In recent years, Xiaohongshu has continued to increase its e-commerce business. It has not only upgraded its e-commerce business to a first-level department, but also launched a "market" shopping portal in the app and tested the quick sales function of second-hand goods.
Obtaining a payment license this time may provide important support for the construction of a closed-loop e-commerce ecosystem.
