Payment Firms Step Up Cleanup of Dormant Accounts

The routine nature of this cleanup is the real signal: dormant-account hygiene has moved from a compliance scramble into standard operating practice for China's payment institutions, with user-agreement revisions doing the quiet work of tightening control over legacy accounts. The firms and their existing users are most directly affected, since terms can shift without new onboarding. The open question is whether this becomes a recurring cycle across the industry or stays confined to the leading players — and whether dormant-account tightening spreads to other account-based services.