Take Guangxi as an example. In real life, some students and parents who borrow money, especially those who live in poor counties and towns, have difficulty in using the Internet due to conditions and are unfamiliar with Alipay repayment. It is difficult to repay through AliPay. Many students and parents can choose to repay in cash at the local student financial assistance management office.
In terms of repayment channels, previously, companies such as CDB and Alipay opened online repayment services for student loans. Alipay repayment mode has many advantages, such as saving students' fees, online repayment anytime and anywhere, fast deduction, accurate data and so on, which provides great convenience for borrowing students.
The repayment method of POS machine will reduce the agency burden of the staff of student financial assistance management offices around the country, effectively avoid technical risks, further broaden repayment channels and enhance repayment convenience. Students do not need to pay credit card fees for repayment through POS machines, and all fees are paid by CDB Guangxi Branch.
Extended data:
Guangxi Branch of China Development Bank, in cooperation with Guangxi Education Department and UnionPay Commercial Company, has carried out the pilot project of POS credit card repayment in Binyang County of Nanning and Dahua County of Hechi City. Up to now, 4 1 loan students have repaid 4 1 1,000 yuan by swiping their cards through POS terminals.
Since the launch of the first student-origin loan in 2008, CDB Branch has subsidized a total of1130,000 poor students, and issued loans of 6.8 billion yuan with a loan balance of 5.4 billion yuan. All counties in Guangxi 1 10 have established county-level student aid centers, and student loan business can be accepted anywhere in the region, achieving full coverage of 100%.
Since 20 10, CDB Branch has entered the repayment period of the principal and interest of the due loan. The amount of principal and interest of loans due in Guangxi is about143.59 million yuan. By the end of 20 14, the cumulative principal and interest recovery rate was 100%, ranking among the top in China.
People's Network-Guangxi Student-origin Student Loan to Realize Diversification of Repayment Channels? Repayment of POS machine