New Pay Five is a blockchain alliance public chain that uses payment as an interface to reshape the payment ecosystem, creating coin payments, aggregation payments, cross-border payments, and legal currency payments. New Pay Five is owned by the Morgan Foundation and has established an NP5 Community Operations Center responsible for its global operations. The NP5 Community Operations Center will establish 12 super community operations centers worldwide: Kuala Lumpur, Hong Kong, New York, Jeju Island, Tokyo, Saipan, Bangkok, Las Vegas, Moscow, Dubai, Johannesburg, and Shenzhen. The technology related to New Pay Five was designed and developed by a technology company under Fanhua Capital Holdings, commissioned by the Morgan Foundation. New Pay Five took 18 months from design to development, with a total investment of tens of millions of yuan. The development is scheduled to be completed in September 2019, and the main network will be officially launched after completing the main network testing in March 2020.


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