Taobao allows you to pay in installments. Whether it is cost-effective depends on everyone’s acceptance. If you have spare money and can pay in full, installment is definitely not cost-effective because interest will be calculated. If you don’t have spare money on hand, it’s still cost-effective to use installment plans. There are now two ways to pay in installments on Taobao.

1. Huabei installment.

After using Huabei to purchase goods, you can make installments on the last month's repayment amount from the 1st to the 9th of each month.

Currently you can choose the number of installments and the corresponding rates are:

3 installments: 2.5%

6 installments: 4.5%

9th period: 6.5%

12th period: 8.8%

2. Credit card installment.

Credit card installment payment is an installment payment channel provided by Alipay for merchants that have opened credit card gateway payment in Taobao Market, Taobao Mall (Tmall), Electrical Appliance City, etc. (Juhuasuan transactions are not supported. ). Currently, the credit card quick payment method is used.

Taobao

Taobao is the largest online retail and business district in the Asia-Pacific region. It was founded by Alibaba Group in May 2003. Taobao is China's most popular online shopping and retail platform, with nearly 500 million registered users and more than 60 million regular visitors every day. At the same time, the number of online products every day has exceeded 800 million, with an average of 48,000 sold every minute. items.

As of the end of 2011, Taobao’s single-day transaction volume reached a peak of 4.38 billion yuan, creating 2.708 million direct and full employment opportunities.

With the expansion of Taobao's scale and the increase in the number of users, Taobao has also transformed from a single C2C online marketplace into a comprehensive e-commerce model including C2C, group buying, distribution, auction and other e-commerce models. Sex retail district. It has become one of the world's largest e-commerce trading platforms.