To place the Mobile Money transactions under supervision to avoid potential money laundering and other illegal practices. China Central Bank Build a Central Clearance Network, China central bank-affiliated institutions are the largest shareholder (35%) of this newly established NUCC( Nets Union Clearing Corporation). Alipay and Tenpay account for 10% each. Kingdom Technology empowers the total system with 6H, High performance, High availabilities, High extensibility, High Consistency, High Controbilities, High Security.
NUCC Website: https://www.nucc.com