What is Alipay Borrowing? Borrowing money is a kind of Alipay credit product, which is different from Alipay flower money and personal loan. Alipay flower buds are aimed at Taobao buyers and can be used for shopping on Taobao and Tmall. Personal loans include personal consumption loans, Taobao market credit loans, Taobao market store order loans, similar to small micro-loans order loans, average capital loans, loans with loans. The "borrowing" will be mainly used for transactions between external customers, mainly to open the offline market, for example, for those users who have offline consumption such as decoration and car purchase, and it has certain functions. This is also the situation that Alipay credit products form a tripartite confrontation. According to reports, the product provider of "borrowing" is not necessarily an ant small loan, and "credit life" can connect various types of merchants, not limited to Ant Financial. Specific issues such as product positioning, rate and time limit have not yet been determined. What are the functions of Alipay Lending? According to informed sources, "borrowing" will be mainly used for transactions between external customers, and it is expected to become the core of offline expansion. Borrowing flowers will expand the groups that can't be served by flowers, mainly an offline consumption. Consumers will have good spending power and sea loan ability. It is estimated that the consumption quota is not only a few thousand yuan, but ten thousand yuan. More consumers need high-quality life.