1. Bill discounting can be divided into three types, namely discounting, discounting and rediscounting.
2. Cash discount refers to bills that have been discounted by commercial banks but have not yet expired when funds are temporarily insufficient.
Brief introduction of online merchant bank:
1. Online merchant bank is the first domestic commercial bank whose core system is based on cloud computing architecture, and was founded by Ant Group as the major shareholder. As one of the first five private banks approved by China Banking Regulatory Commission, online merchant bank officially opened on June 25th, 20 15, and it is one of the first private banks approved by China Banking Regulatory Commission. The online merchant bank is also the first technology bank to build its core system on the financial cloud without offline outlets.
2. Based on the financial cloud computing platform, online merchant banks have the ability to handle high concurrent financial transactions, massive big data and flexible expansion, and take advantage of the Internet and data technology. As a bank that focuses on providing financial services to more small and micro enterprises and individual operators, the mission and vision of online merchant bank is "meticulous". In recent years, the development of science and technology has greatly increased the availability of small and micro loans in China. More than 30 million small and micro operators have used non-contact loans from online merchant banks, and the average household loan is less than 40,000, of which 70% operators have never obtained operating loans from banks in the past.
3. In the next five years, "building a Chinese-style open bank" is the core strategy of online merchant banks. Driven by science and technology, we will further open up to supply chains, rural areas and financial institutions, and adhere to the principle of low profit and universal benefit. Online merchant banks hope to provide new ideas for the development of global open banks through practice.
4. In June 2020, the online merchant bank announced that it would serve more than 29 million small and micro enterprises through non-contact loans, achieving the five-year goal of tripling when it was established; President Jin Xiaolong announced the goal for the next five years. Driven by technology, online merchant bank will become the cloud open bank with the largest number of services. In September 2020, at the Bund Conference, the online merchant bank announced that it would use satellite remote sensing technology to solve rural financial problems for the first time.