Regulations Governing Identity Verification Mechanism and Transaction Amount Limits of Electronic Payment Institutions Article 18

When an electronic payment institution signs a contract with a contracted institution, the identity verification process shall comply with the following provisions:1. Type 1 individual contracted institutions: Articles 4 to 6, 8, 9, and 16 apply mutatis mutandis to Type 1 individual contracted institutions.2. Type 1 non-individual contracted institutions: Articles 4 to 6, 12, 13, and 16 apply mutatis mutandis to Type 1 non-individual contracted institutions.3. Type 2 individual contracted institutions: Articles 4 to 6, 8, 10, and 16 apply mutatis mutandis to Type 2 individual contracted institutions.4. Type 2 non-individual contracted institutions: Articles 4 to 6, 12, 14, and 16 apply mutatis mutandis to Type 2 non-individual contracted institutions.