IT Home news on February 19, according to China UnionPay released, UnionPay mobile flash payment officially launched the credit card installment function. UnionPay mobile flash payment is a mobile Internet payment product launched by China UnionPay, including multi-brand mobile phone Pay. UnionPay Mobile Flash Payment Installment refers to a convenient payment method that completes installment payment through Mobile Flash Payment based on the installment function of UnionPay Mobile Flash Payment Superposition.
Credit card consumption installment refers to the consumption method in which the bank advances the total price of the goods to the merchant in full on behalf of the cardholder when the cardholder chooses to purchase goods in installments, and the cardholder repays the bank in installments to meet the purchase needs of users with flexible consumption.
The launch of UnionPay's mobile flash payment installment function is an important supplement to the existing installment business application, marking that the installment business has covered UnionPay's main mobile payment products.
Up to now, the mobile phone flash payment installment function has been piloted on more than 20 head merchant apps such as JD.com, Ctrip, Suning Tesco, NetEase Yanxuan, China Eastern Airlines, Xiaomi Youpin, etc., supporting 5 mobile phone manufacturers such as Huawei, OPPO, vivo, Samsung, Meizu, etc., and opening up 12 large banks such as Agricultural Bank of China, Bank of Communications, China CITIC Bank, Everbright Bank, Pudong Development Bank, Minsheng Bank, Huaxia Bank, Ping An Bank, Industrial Bank, Guangfa Bank, Bank of Beijing, Bank of Shanghai, and Bank of Jiangsu, Chang'an Bank, There are 9 regional banks, including Zheshang Bank, Zhongyuan Bank, Dalian Bank, Jinzhou Bank, Beijing Rural Commercial Bank, Shanghai Rural Commercial Bank, and Weihai Commercial Bank. Subsequently, combined with the pilot situation, more accepted merchants and all commercial banks will be opened successively.
The user experience of the mobile flash payment installment function is simple and convenient. When a user pays with a mobile phone on the merchant app, select a supported bank credit card, select the corresponding installment number, and click On Payment to complete.
Introduction to the operation process
STEP 1
Select a mobile payment method such as HuaweiPay at the merchant app cashier
STEP 2
Payment Method Select the designated bank credit card, the number of installments
STEP 3
Verify your fingerprint or face and enter your payment password
STEP 4
Successful completion of installment payments