What does JD.COM mean by IOUs?

Consumption first, then payment. " Similar to Alipay's flower bud function

1. What are white stripes in JD.COM?

JD.COM White Bar is the exclusive "shop first and pay later" membership privilege of Jingdong members, and any level of Jingdong members can enjoy this privilege. How long is the interest-free and fee-free payment cycle of JD.COM IOUs? The answer is one month. In other words, if you shop in JD.COM, you can pay within 30 days. In fact, JD.COM IOU is just one of the businesses of online banking wallet in JD.COM.

Second, how to use JD.COM's white stripes?

After entering JD. COM's "My JD. COM ",you can see" JD. COM white bar ". If you don't open the JD.COM White Strip, you will be asked to open the JD.COM White Strip when you meet for the first time (in fact, it is the fast payment of the online banking wallet in JD.COM), and you can directly open it by binding the bank card according to the prompt.

Third, the benefits of JD.COM white bars

1, and the longest delay in payment is 30 days.

At present, all JD.COM IOUs support payment within 30 days, which means that you can only pay 30 days late. Once it exceeds 30 days, there will be some handling fees. Of course, the handling fee is also cheap. You can see the final repayment date for payment with JD.COM IOUs. If you are worried that you often forget to pay back, you can set up JD.COM IOUs automatic repayment, but automatic repayment only supports savings card repayment. If the automatic repayment function of JD.COM IOUs is enabled, you will not be afraid to forget to pay back the money.

What does JD.COM mean by IOUs?

In JD.COM, an IOU for shopping means spending first and then paying.

Users can enjoy a deferred payment period of up to 30 days or a payment period of up to 24 installments when shopping on JD.COM Platform.

JD.COM Baitiao is an online payment method of "consumption first, payment later" launched by Jingdong Finance. The goods that JD.COM White Bar can buy include all the physical goods of JD.COM Mall (including self-operated goods and some third parties), some virtual goods (telephone charges and traffic recharge, air tickets and e-books, etc.), pre-sale goods, crowdfunding in JD.COM, JD.COM Home and Haydn Global.

What does JD.COM mean by IOUs?

JD.COM IOU is a brand-new payment method of consumption first and payment later. When you use IOUs to pay on JD.COM website, you can enjoy a deferred payment period of up to 30 days or up to 24 installments.

Nowadays, the payment methods are more and more diversified. Recently, JD.COM introduced a new payment method, JD.COM IOU. Many people still don't know much about this word. Let me take you to get to know it.

Detailed content

0 1

“JD。 COM IOUs is a brand-new payment method of "consumption first, payment later" introduced by JD.COM. When you use IOUs to pay on JD.COM website, you can enjoy a deferred payment period of up to 30 days or a maximum of 24 installments. It is the first Internet consumer finance product in the industry. 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.

02

Log in to Baitiao official website or Jingdong Financial APP- Baitiao, and you can enter the page to apply for activation independently. Users of JD.COM Mall are eligible to activate the "white note" for mall consumption.

03

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. After the typhoon, the control system 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.

04

Repayment form

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.

05

Regarding the true identity of JD.COM's IOUs, Zhao Zhanling, a lawyer of Beijing Zhi Lin Law Firm who has long been concerned about Internet finance, thinks that there is a difference between JD.COM IOUs and virtual credit cards. After all, the credit card issuing bank has neither the right to dispose of nor the ownership of the goods purchased by consumers, and its essence is consumer finance. But JD. The white stripes of COM are different.

Consumers shop in JD.COM Mall, and JD.COM owns the ownership and disposal right of the goods themselves, and can choose to provide installment repayment or 30-day repayment. It is actually a kind of accounts receivable, and the seller has the right to choose to pay 30 days late, which is his right. "

Sun Tianchi of Peking University Financial Law Research Center also said that although 1.0 IOUs did not provide financial loans, it did not mean that they had reason to leave supervision; In the case of White Strip 2.0, consumers can get goods directly from the store without paying cash at the cashier. At this time, Baizhi obtained the right to claim the accounts receivable immediately, that is, the consumer pays at the cashier, and the right under Baizhi 2.0 comes from the right to claim the accounts receivable; In the era of 3.0, Baitiao has been divorced from the platform environment of JD.COM, but as an independent consumer credit product, it directly connects with various consumption scenes such as tourism and decoration.