1. Taobao installment interest on industrial and commercial credit cards means repaying the bill amount in full before the due date of the bill, without interest. There is only a handling fee.

2. Taobao installment payment refers to the installment payment service chosen by Taobao buyers in Taobao stores or Tmall mall because they purchase bulk commodities or due to their temporary lack of spending power. Generally speaking, Taobao buyers can only choose installment payment services when purchasing in shopping malls and stores that have opened credit card gateway payment services.

3. The handling fee rate for Taobao installment payment is generally around 0.7-1 of the amount of card consumption. Different credit card types and different installment payment periods often correspond to different Taobao installment payment fee rates.

4. ICBC provides customers with six installment options: 3, 6, 9, 12, 18, and 24, and charges installment payment fees according to the number of installments. 3 periods 1.65 (average monthly 0.55), 6 periods 3.6 (average monthly 0.6), 9 periods 5.4 (average monthly 0.6), 12 periods 7.2 (average monthly 0.6), 18 periods 11.7 (average monthly 0.65), 24 issues 15.6 (average 0.65 per month)