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Tencent Incubates Credit Payment Products "Distribution" to Pay Bills in Stages

via:ChinaZ 站长之家     time:2019/9/12 14:02:23     readed:79

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It is reported that the "distribution" is expected to be launched in the fourth quarter of this year, operated by the Wechat Payment Team, and is currently in the stage of negotiation and cooperation with some banks and licensed consumer finance companies. In the future, "distribution" or "micro-loan" like, through the open white list form and banks and other financial institutions in the form of loans, Joint Lending mode to operate.

The data show that the average daily turnover of Wechat payment is more than 1 billion, connecting 50 million individual businesses and businesses. Among them, Wechat Payment has been put on line for three months, and has saved more than 10 billion deposits for users.

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