As a new way to activate IOUs, the ratio of the amount deposited in the small vault to IOUs is 1: 1. Customers need to deposit funds ranging from 100 yuan to 30,000 yuan in Jingdong Small Treasury through Jingdong Finance before they can write IOUs.
“JD。 COM White Strip is the first Internet credit payment product in the industry, which allows users to enjoy the consumption experience of "consumption first, payment later, real-time approval and arbitrary installment", and quickly becomes an industry model, laying the leading brand position of Jingdong Finance in the consumer finance industry.
In positioning, "JD. COM White Strip is a credit payment service for users with high credit rating and consumer demand through the credit evaluation of big data. Users can enjoy the service of paying first and shopping in installments in JD.COM Mall, with a maximum of 24 installments. Bills can also be repaid in installments, with the lowest repayment rate and lower execution rate than bank credit cards. Jingdong Finance Consumer Finance has opened more than 1 100 million users.
Since then, "Baitiao" has also opened up O2O(JD.COM arrives at home), global purchase and product crowdfunding within the JD.COM system, and then gradually covered the fields of renting, tourism, decoration, education, wedding and so on, extending from credit house purchase service to providing credit consumption loans, covering more consumption scenarios and providing credit consumption services for more consumers.
If it is not installment payment, JD.COM IOUs can postpone payment for 30 days without generating interest rate. The installment service can be divided into three periods, six periods, 12 period and 24 periods. The rate standard is 0.5%- 1.2%, and the penalty rate is 0.05%/ day.
Repayment can be made through mobile phone Jingdong Finance PC terminal and client, Jingdong wallet client and Baitiao official website.
JD。 COM's 6 18 global mid-year shopping festival has entered an outbreak period, which is also the first 6 18 after JD.com brand upgrade. Jingdong Finance, a subsidiary of JD.com, fully assisted the whole carnival of 6 18 with three major measures: no purchase, interest-free reduction and insurance guarantee. The data shows that in the first hour of June 20 18 19, the payment transaction volume of Jingdong reached 266% year-on-year; The peak number of payments reached 325% last year, a new high; JD.COM White Bar also set a proud record of breaking 100 million in 24 seconds.