Borrowing is a personal loan service launched by Chongqing Ant Shangcheng Microfinance Co., Ltd., a subsidiary of Ant Financial, which can meet the capital needs of individual users and solve the problem of difficult capital turnover of individual users.
When borrowing money, users can choose to lend money to Alipay account and bound bank card, which can be used for personal consumption, decoration, tourism and so on. The money lent to Alipay account is received in real time and will be placed in the bound bank card on the same day. Users need to take the actual receiving time as the standard.
Online merchant loan is an operating loan launched by online merchant banks and their cooperation policies for small and micro enterprises and individual entrepreneurs, which can meet the capital needs of users in the course of operation. When borrowing money, the funds support lending to Alipay account, binding bank card or online merchant bank account, subject to the page prompts.
Online merchant banks have different service targets for online merchant loans and loans. When the online merchant bank thinks that the user is not a merchant, it will push the loan in the online merchant bank interface. Similarly, when Alipay discovers that the user is a merchant, it will push the online merchant loan on the Alipay interface.