Beijing Dongbaijiao (version 6.2.0) will be on the credit card for every payment. As one of the few non-banking financial institutions to go on the central bank credit, Jingdong Baijiao has been subject to controversy, and many people have shown "extreme" reactions, mostly because of the pressure of public opinion. The Jingdong white paper bar is just the beginning. It won't be long before more products in the same business appear. After all, the inclusion of these "extra-bank" financial platforms in the credit investigation is a policy response and a necessity. This issue is too much of a concern and will be optimized later. Moreover, the People's Bank of China has made it clear that banks should not discriminate against customers based on their credit reports. The main issue is that credit reports should focus on the performance of customers, not on which organizations they have dealings with.

1. "Jingdong Baijiao" is the industry's first Internet credit payment product, allowing users to enjoy the consumer experience of "first consumption, later payment, real-time approval, random installment". It has quickly become a model for the industry, establishing Jingdong Financial as a leading brand in the consumer finance industry. In terms of positioning, "Jingdong Baijiao" is a credit payment service for users with high credit rating and consumption needs through credit evaluation by big data. Users can enjoy post-payment and installment shopping services at Jingdong Mall in up to 24 installments. Bills can also be repaid in installments, at a minimum. The executive interest rate is lower than that of bank credit cards. Jingdong consumer finance has opened more than 100 million users.

2. Since then, the "white note" has also opened up o2o (Jingdong to home), global shopping and product crowdfunding in the Jingdong system. Later, it gradually covered the fields of leasing, traveling, decoration, education and wedding. It extends from credit purchase services to providing credit consumption loans, covering more consumption scenarios and providing credit consumption services for more consumers. The Jingdong White Bar service scene has been gradually extended to cooperate with nearly ten million online and offline merchants, covering industries such as life and entertainment, business travel, education and training, and communication and leasing. In cooperation with the bank, *** with the signing of the electronic account "white money flash payment", through the NFC technology will be white money payment extended to the offline, through the binding of WeChat Pay to further expand the use of white money payment scene.

3. In March 2019, according to the referee's website, more than 200 people were convicted and sentenced for using the "Jingdong white note" fraud. The average age of the 107 defendants disclosed in the judgment was 28 years old. College students accounted for nearly half of the defendants in the Jingdong white note fraud cases sentenced by Changsha's two courts. The defendants were sentenced to a maximum of 19 years in prison and an average of 2.35 years. In addition, the number of cheated college students mentioned in the verdict exceeded 362, making it a more prominent group of victims.