Hengda Wantong Zhifu

Beijing Hengda Wantong Payment Technology Co., Ltd., operating as Hengda Wantong Zhifu, was a Chinese company specializing in third-party payment solutions. Founded in 2008, it obtained a payment business license from the People's Bank of China (PBOC) in 2011, allowing it to provide internet payment services nationwide. The company focused on offering secure and convenient online payment gateways and settlement services for e-commerce platforms and various online merchants. However, due to undisclosed reasons, the PBOC did not renew its license upon its expiration in June 2021, effectively ending the company's ability to legally operate as a payment provider.