Installment payment is a function of credit cards, which allows cardholders to repay large amounts of consumption in installments according to the agreed time limit. This service is suitable for designated merchants or specific commodity categories, and provides interest-free installment, preferential discounts and other benefits. Universal cash is a credit card prepaid card product launched by Shanghai Pudong Development Bank. It can be used in any merchant, and the cardholder can pay the shopping expenses by recharging the balance.