The longest payment time is 15 days. If it exceeds 15 days, it will be overdue, resulting in overdue fees. The longer the overdue period, the more penalty interest. In essence, it is a kind of small loan without grace period, which will directly affect personal credit after it is overdue.
After the user uses the function of "use first and pay later", the payment time of 15 days means that the platform will automatically confirm the receipt after 15 days. At that time, the platform will automatically deduct the payment amount from the bank card bound by the user's WeChat. If the deduction does not exceed the prescribed repayment time, it shall be deemed as overdue repayment.