The installment amount of flower buds must be greater than the commodity price. There is a provision in the installment payment of flower buds, which requires that the amount of flower buds ≥ the amount of goods can be installment. Therefore, if your flower bed is short of places, it can't be staged. Suppose your flower bud has a quota of 5,000 yuan, but you want to buy goods of 8,000 yuan in installments, then you can't pay by installments with the flower bud. Only when you buy goods of 5000 yuan or less, you can use the flower bud staging. In short, the amount of flower buds by stages should be at least equal to or greater than the volume of goods.

The full name of flower bud is ant flower bud, which is a consumer credit product launched by Ant Financial. After the application is opened, you can get a consumption quota ranging from 500 to 50000 yuan. When spending, users can prepay the amount of ant flowers and enjoy the shopping experience of "spending first, then paying".

On August 4, 20 16, the Ant Flower Garden Consumer Credit Asset-backed Securities Project was listed on the Shanghai Stock Exchange, which is also the first ABS of Internet consumer finance on the Shanghai Stock Exchange.

By June of 20 18 and 1 year, Ant Financial has voluntarily increased the capital of two small loan companies by 8.2 billion yuan, and the registered capital has increased from 3.8 billion yuan to/kloc-0.2 billion yuan. On May 6th, 2008, Bai Hua announced its opening to banks and other financial institutions.

202 1. 9. 22 It is reported that the flower buds have been connected to the central bank's credit information system, and users can't use them if they refuse to access them.

Bud course:

Ant Flower Garden has been officially launched since April 20 15. Mainly used for shopping on Tmall and Taobao, it has always been loved by consumers, especially those born in 1980s and 1990s. In order to better serve consumers, ant flower buds began to break the restrictions of shopping platforms and expand their services to more online and offline consumption fields.

The ant flower garden has only been online for half a month, and more than 1.5 million merchants in Tmall and Taobao have opened flower gardens. In order to attract consumers more accurately, many more responsive businesses have begun to modify the description of the baby and directly add the words "support the garden". The person in charge of Durex Tmall flagship store told the reporter that a product specially launched for new users of ant flower beds sold more than 10,000 copies a day and robbed a week's inventory.

The data shows that after merchants access ant flower beds in stages, the transaction conversion rate has increased by 40%.

During the 20 15 Double Eleven period, Ant Flower Garden gave full play to its product ability of worry-free payment, and paid 60.48 million transactions throughout the day, accounting for 8.5% of Alipay's total transaction volume.

20 17, Bai Hua was exclusively named "Chaowei Idol".

On June 4, 20 17, Jing Xiandong, CEO of Ant Financial Services, announced that "the technical capabilities and products accumulated by Ant Financial Services will be fully open to financial institutions, one mature and the other open. Openness does not divide the distance. The only selection criterion is whether it is innovative and has user value. "

On May 20 1818, Bai Hua, the consumer credit product of Ant Financial, announced its opening to banks and other financial institutions.

In July 2020, according to China Times, some users in Huayuan accessed the central bank's credit information by upgrading their services. From the tips of customer service, users can find the answer in the relevant contracts and product descriptions in Bai Hua. If the product agreement contains the power of attorney for individual user information inquiry and submission, then your information has been accessed for credit investigation. If there are only flower bud service agreement, sesame service agreement and product description, your relevant information is not connected to the credit information.

202 1. 9. 22 It is reported that the flower buds have been connected to the central bank's credit information system, and users can't use them if they refuse to access them.

On September 22nd, 20021year, Securities Daily reported that a flower bud user said that he had received a prompt of "flower bud service upgrade", prompting the user to sign a power of attorney for personal credit information inquiry and submission, and agreed to authorize the inquiry/submission of relevant information to the basic database of financial credit information. Huayuan said that under the premise of user authorization, relevant information of Huayuan will be gradually incorporated into the credit information system. Maintaining good habits will not affect your credit history. According to the Power of Attorney, on the basis of obtaining the user's authorization, according to the source of the specific credit line obtained by the user, Chongqing Ant Consumer Finance Co., Ltd. or the bank providing the credit line will submit the user's credit information as the main body and incorporate it into the credit information system. It has been confirmed that if the user has any objection to the credit authorization, he can close the flower bud and terminate the authorization.