Alipay has launched the service of "consumption first, payment later", and users with sesame scores above 600 have the opportunity to apply for opening a "flower garden". At present, the amount of "flower buds" is between 2,500 and 30,000 yuan. Users can use it to shop in Tmall Mall or Taobao, and make repayment on the 65,438+00 day of the following month after confirming the receipt. As long as the repayment is made on time, there will be no handling fee. Alipay online merchant bank still serves small and micro enterprises, mass consumers, rural operators and farmers, and small and medium-sized financial institutions. The application threshold is the same as the previous loan. The maximum loan amount is 1 000 yuan, the expected annualized interest rate on the loan day is 0.05%, and the loan term is 1.2 months. Use the average capital repayment method.
Alipay's loan business is called ant borrowing. Users do not need to submit complicated personal materials and financial certificates, and only need 3 seconds to complete the loan. This service is located in "Credit Life" in "Sesame Credit". Specifically, you only need to open Alipay wallet, click Wealth to check sesame credit score, and then click Credit Life menu to see "Ant Borrowing". To use this service, users who need sesame scores above 600 can apply for loan lines ranging from 1000 yuan to 300,000 yuan. The specific amount needs you to log in to Alipay and enter Sesame Credit to check.