① Alipay wallet has added the function of small and micro loans;

② "Small and micro loans"-* * includes four loan types: order loan, repayment by loan (3 months), repayment by loan (6 months) and average cost (12 months);

③ The daily interest rates of the four kinds of loans are five ten thousandths, six ten thousandths, six ten thousandths and five ten thousandths respectively, and the longest service life of a single loan is 60 days, three months, six months and 12 months respectively;

4 loan users mainly face Taobao sellers. In addition to reaching the age of 18, Taobao sellers need to be honest and trustworthy for two months, and then sellers can apply for a loan from Alibaba for capital turnover.