Flower buds are similar to credit cards

From the function of flower buds, you will find that flower buds are actually similar to credit cards, which can be paid first and then repaid in installments, but unlike credit cards, there is no actual bank card, and some merchants can't use Alipay flower buds to pay if they don't have the function of flower buds. Therefore, if the user fails to repay the loan in time and generates an installment bill, it will generate certain interest, which is one of the profit points of the flower garden.

Flower buds form a shopping habit

How many people can't help but buy them in buy buy after opening the flower buds? Xiao er believes that there are many such users, because the flower garden can be postponed for one month before repayment, and for users, the flower garden is just a number, without actually giving money out, so that they often have no idea of how much they spend, and this will also provide users with the desire to spend. After spending a month, you will find that your bill has accumulated so much. If you have a stable job, you can generally pay it back. If you are a student party or a moonlight family, you will generally choose to repay it in installments, so that the flower buds can earn interest again.

Expenses incurred by merchants in collecting money

Because flower buds are different from credit cards, when merchants open flower buds, Alipay platform will charge merchants a certain percentage of fees for each payment made by users, which is also a place where flower buds make money. In addition, I think that Huayuan will not give this money to the merchant users until the user confirms the repayment, and there is a one-month interest-free period in the middle, so this money can generate income in Alipay during this period, which is equivalent to saving money for a period of time to generate interest.