What does it mean to upgrade a white card from a white one?

JD。 COM technology's "white note" credit payment products have been upgraded. The upgraded JD.COM IOUs have changed from credit payment products provided by microfinance companies to credit card products. The upgraded "White Card" supports the applications of UnionPay Platinum Credit Card from Guangfa Bank, Ping An Bank and Bank of Ningbo. This means that the "white card" funds will come entirely from the above-mentioned banking and financial institutions.

JD.COM White Strip is the Internet consumer finance launched by JD.COM. When users use it, they "consume first, then pay". After use, they can enjoy a deferred payment period of up to 30 days or a payment by installments of up to 24 days. When it was first opened, different users got different quotas, but with the use of users, the quotas will be adjusted, but they must be repaid on time.

Scenarios that JD.COM IOUs can use include Store 1, the balance of pre-sale goods, Haydn Global Connect, some virtual goods, self-operated goods on JD.COM website (JD.COM Pharmacy is not supported for the time being), some third-party businesses' physical goods, and JD.COM crowdfunding. In addition, it also supports some external businesses. Specific to the actual payment of the optional situation shall prevail.

If JD.COM's IOUs are overdue after use, the platform will charge a penalty interest, and if they are not repaid for a long time, the platform will also collect them. It should be noted that the overdue repayment of JD.COM's IOUs is due to the credit investigation at the meeting. Poor credit investigation will affect the handling of various loans, such as car loans or mortgages. And it will be preserved for a long time after overdue return.

When using JD.COM IOUs, you'd better know in advance what kind of income you want to return, so as to avoid overdue repayment.

Application conditions

JD.COM Baitiao is the first Internet consumer finance product in the industry. "Pay first and then pay back", enjoy a maximum interest-free period of 30 days and a maximum of 24 installments. Log in to Baitiao official website or Jingdong Financial APP- Baitiao, and you can enter the page to apply for activation independently. JD.COM mall users are eligible to activate the "white note" for mall consumption.

According to the person in charge of risk control of Jingdong Financial Consumer Finance Division, the consumer finance business has no credit that needs manual approval, and users are identified through the risk control big data model. The control system after the typhoon will "identify" users according to their shopping habits, credit status and the stability of the receiving address. , combined with various factors and data, and then quickly give the evaluation results of whether the "white strip" can be activated.

The evaluation basis of big data model is the accumulation of user data, which needs to be updated dynamically in real time. Therefore, with the more accurate modeling of big data, the probability of user "white bar" activation will also increase. JD.COM Consumer Finance has completed the credit score of nearly 200 million users.

Regarding the withdrawal of IOUs, you can receive the withdrawal package regularly, and there are irregular IOUs withdrawal activities. Make a good record of consumer repayment, and you can also get a cash withdrawal reward.

Repayment form

JD.COM baitiao

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.