Ant Group’s Huabei service enables Alipay users without credit cards to make online and offline purchases and repay these on instalment for up to 12 months. Photo: Weibo
Ant Group’s Huabei service enables Alipay users without credit cards to make online and offline purchases and repay these on instalment for up to 12 months. Photo: Weibo
Ant Group

Ant Group microcredit service Huabei feeds vast credit data to China’s central bank

  • Consumer credit data gathered by Huabei are now included in the financial credit information database run by the People’s Bank of China
  • Sharing Huabei’s data with China’s central bank forms part of Ant Group’s rectification measures, which are based on targets set by financial regulators

Topic |   Ant Group
Ant Group’s Huabei service enables Alipay users without credit cards to make online and offline purchases and repay these on instalment for up to 12 months. Photo: Weibo
Ant Group’s Huabei service enables Alipay users without credit cards to make online and offline purchases and repay these on instalment for up to 12 months. Photo: Weibo
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