What is the platform for sharing?

Fenfu is a financial installment consumer payment service launched by WeChat. It operates through an open whitelist form and a loan assistance and joint loan model with banks and other financial institutions. Users who have activated split payment can choose split payment as the payment method when using WeChat Pay, use the split payment limit to consume first, and then repay on time within the specified repayment date.

The operating environment of this tutorial: Windows 7 system, Dell G3 computer.

fenfu (WeChat credit payment product)

fenfu in WeChat is a consumer credit product and a financial installment consumer payment For services, users who have activated split payment can choose split payment as the payment method when using WeChat Pay, use the split payment limit to consume first, and then repay on time within the specified repayment date. After the user uses the payment quota, the interest is calculated on a daily basis, allowing the user to borrow and repay at any time.

Fenfu is a credit payment product that supports payment first and repay later. It is temporarily unable to send red envelopes, transfers, etc. WeChat Pay does not have an interest-free period. Interest is calculated on a daily basis and can be repaid as you borrow. The amount is comprehensively assessed by the system. The repayment situation will affect WeChat Pay points.

Fenfu operates through an open whitelist and a loan assistance and joint loan model with banks and other financial institutions. After the user successfully applies, he or she can use WeChat Pay for shopping, consumption, travel, etc.

Currently, WeChat officials have released the application portal for WeChat disbursement, and users who want to apply can do so.

At the same time, officials stipulate that only one WeChat payment can be opened for one ID card and one mobile phone number.

Is WeChat Pay a credit check?

Regarding whether split payment will be included in the credit report, I specifically consulted Tencent customer service, and the answer I got was: As long as the repayment is on time and not overdue, split payment will not have a negative impact on your personal credit report. If it is overdue, it will affect your credit level in the WeChat payment system.

The difference between Fenfu and Weili Lender:

WeChat has more and more functions. In addition to being used for social networking, it also has loan functions, such as in WeChat Distribution and micro-loan.

1. Different functions: the payment limit is used for direct consumption. Users who have opened WeChat payment can choose the payment method as payment when using WeChat payment. The payment limit does not support cash withdrawal. Can only be used for consumption. Weilidai is a personal credit loan product that mainly provides borrowing services for users with financial needs.

2. Different opening conditions: Weilidai is opened by WeBank through an official invitation system. Only invited users are eligible to apply for Weilidai. Disbursement is currently in the testing phase, and whether it can be applied for activation is subject to system evaluation. Open the WeChat service page and click on the wallet. If there is "split payment", click to enter to apply for activation.

3. The maximum limits are different: the limits of Fenpay and Weili Loan are all given after evaluation by the system. The repayment amount is mainly to meet everyone's daily consumption needs. The official does not clearly tell you what the maximum amount is. According to user feedback, the repayment amount usually ranges from a few hundred to tens of thousands of yuan. The current maximum limit of Weilidai is 200,000 yuan. The specific amount is subject to the results of a comprehensive system assessment.

For more related knowledge, please visit the FAQ column!

The above is the detailed content of What is the platform for sharing?. For more information, please follow other related articles on the PHP Chinese website!