Use a licensed payment provider to settle directly with sellers instead of collecting their money in your platform's account
Receiving buyers' money in your own account and forwarding it to sellers can put you in regulated payment territory. A Chinese non-bank payment business requires central-bank approval and at least RMB 100 million in actual paid-in capital. Unauthorized activity can result in closure, confiscation, fines for the business and responsible people, and criminal liability in serious cases. Design settlement through a properly licensed provider.