The fire of free deposit has spread abroad, and China people can rent a car overseas without paying a deposit. 165438+1From October 27th, users with sesame credit score of 700 or above can rent a car at five airports in the United States, Thailand and New Zealand free of deposit and credit card guarantee. This is the overseas deposit-free service launched by Sesame Credit and American car dealer yesaway after announcing that all in cancelled the deposit last week. It is also the world's first overseas deposit-free car rental service.

As the first overseas merchant to implement deposit-free, Zhang Xiao, head of China market of yesaway, said that the development trend of deposit-free and mobile payment in various industries in China attracted people's attention. The launch of Sesame Credit Score and Alipay Payment is to serve more domestic tourists, hoping to solve the pain points of low popularity of Chinese credit cards and high exchange cost in overseas car rental scenarios. Hu Tao, general manager of Sesame Credit, said that canceling the deposit is the most important thing for Sesame Credit at this stage. I hope to work with the merchants to exempt the deposit for users with good credit, lower the use threshold, improve the user experience, and solve the worried risk problems and insecurity with the merchants.

In fact, free deposit can not only improve the user experience, but also help businesses improve their business conditions. Taking domestic car rental companies as an example, after the credit access was exempted, the car loss rate dropped from 3. 1 to 1.8 because the threshold was lowered and the orders increased. Overseas car rental is also a new scene to enrich credit and avoid deposit. In the coming year, Sesame Credit will comprehensively upgrade the credit deposit-free scheme and introduce multi-dimensional capabilities including risk control and insurance to better serve the Chinese people.