Using Alipay to repay a credit card requires a handling fee, but there is a certain free limit every month. Individual Alipay credit card repayments can enjoy a free limit of 2,000 yuan per month. If the amount exceeds 2,000 yuan, a certain fee will be charged. The service fee is charged at 0.1%. If a single fee is less than 0.1 yuan, it is charged at 0.1 yuan. If an individual uses up his basic monthly quota, he can find a way to get more free quota.

For example, if you want to repay 3,000 yuan to your credit card through Alipay in a certain month, first deduct the free limit of 2,000 yuan, and the service fee you need to pay is 1,000*0.1%=1 yuan. What should I do if I exceed the free limit of 2,000 yuan and don’t want to be charged? There are three ways to avoid charges by using Alipay to repay.

Method 1: Use Alipay membership points to redeem more free credits.

Method 2: Ask family members who still have extra free credit to help repay the loan.

Method 3: For large-amount repayments, users can choose to repay for free through channels such as bank online banking, APP, and UnionPay Cloud Quick Pass. If all your money is in Yu'e Bao, you can withdraw it to your bank card first and then repay it.

Alipay:

Alipay (China) Network Technology Co., Ltd. was established in 2004. It is a domestic third-party payment platform dedicated to providing enterprises and individuals with "simple, safe and fast , convenient” payment solution. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It has two independent brands: "Alipay" and "Alipay Wallet". Since the second quarter of 2014, it has become the world's largest mobile payment manufacturer.

Alipay has established strategic partnerships with more than 180 banks at home and abroad, as well as international organizations such as VISA and MasterCard, becoming the most trusted partner of financial institutions in the field of electronic payment.

In February 2020, the Nepalese central bank issued a license to Alipay. In July, Alipay was selected into the list of outstanding blockchain solutions to combat the epidemic. In October, Alipay launched the “late payment” function. In December 2021, Alipay and China UnionPay realized mutual recognition of payment code scanning across the country.

The Alipay loan will be converted into a credit loan. On December 2, Alipay issued an announcement stating that Alipay and China UnionPay will begin close communication and exploration based on barcode interconnection business in 2020, and will gradually implement it in Beijing, Tianjin, Guangzhou, Shenzhen, Chengdu, Chongqing, Xi'an and other cities. Scan the payment code to recognize each other.

Main functions:

1. Support Yu'e Bao, financial management income can be viewed at any time;

2. Support various scenario relationships, making group chat and group payment more convenient;

3. Provide local life services and enjoy discounts on purchases;

4. Establish family accounts for children and parents;

5. Check Taobao bills anytime and anywhere , account balance, logistics information;

6. Free inter-bank transfers, credit card repayments, recharges, and payment of water, electricity and gas bills;

7. Credit card repayments, payments, bill payments, and phone bill recharges , Intelligent reminders of card and coupon information;

8. Walking Donation supports access to iPhone health data, allowing you to walk and interact healthily with friends, and participate in charity.

9. Ant Forest obtains energy through a specific method. The energy can grow into a tree. After growing up, a physical tree can be planted in a certain area in reality.