[Summary] Comprehensive provider of housing transaction fund payment solutions
Lifangtong is an internet payment company focused on housing-related convenience services for daily life, similar to Alipay and JD Pay in the e-commerce sector. The company was registered and established on August 8, 2013, in Zhongguancun Software Park, Beijing, with a registered capital of 100 million yuan. On July 5, 2014, it was awarded the "Payment Business License" by the People's Bank of China, and in December of the same year, its payment system was officially launched. To date, Lifangtong has successfully entered 27 cities, completed a cumulative total of 442,106 housing transaction fund payments, with zero customer fund losses, and has gained high recognition from millions of users in the market.
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