Mar 01, 2016 06:56 PM

Meituan 'Probed over Charge It Broke Payment Rules'

(Beijing) – The central bank is investigating whether a major group-buying company broke rules by providing users with a payment option even though it lacks a license for the business, an employee of the People's Bank of China says.

Xiong Wanli, a lawyer in Shanghai, said on Sina Weibo, China's version of Twitter, on February 29 that he recently found that Meituan is letting users link their accounts to bankcards so they could make purchases.

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