Minsheng Bank has gradually terminated cooperation with China Mobile's Pay and Huaneng Group's platforms in selling financial products.

date
11/09/2025
Reporters learned that Minsheng Bank is gradually terminating its financial product sales and cooperation with platforms such as "China Mobile Wallet". Starting from September 19th, only inquiries about Minsheng Bank's services will be available on the China Mobile Wallet platform. Previously, Minsheng Bank also announced the termination of cooperation with platforms such as "Huawei Wallet" and "Yutong Life". On September 11th, the bank also announced the termination of cooperation with "Wing Payment". This is due to new regulatory requirements that financial product sales must be conducted through the bank's own channels.