Alibaba’s third-party mobile payment platform Alipay has been fined RMB180,000 (US$28,535) for inadequate customer rights protection, publishing misleading advertising and improper data protection, according to an administrative penalty notice from People’s Bank of China, Hangzhou branch. (more…)
China Central Bank Fines Ant Financial’s Alipay For Misleading Ads, Poor Data Protection appeared first on China Money Network.