Meituan’s monthly payment cannot meet the credit score. If Meituan’s monthly payment is overdue, it will be charged 0.05% according to industry standards. As long as you repay on time, the platform does not charge any fees. Meituan Monthly Payment also supports bill deferred repayment and bill installment repayment. After using Meituan Monthly Payment, everyone must remember to repay in time and avoid overdue behavior.
Meituan Monthly Payment is a credit payment product of Meituan Finance. Users who have activated Meituan Monthly Pay can first use the credit limit granted by Meituan Monthly Pay when making purchases on Meituan Apps, whether it is group food, ordering takeout, staying in a hotel, traveling, riding a bike, taking a taxi, or buying groceries. Payment will be made uniformly on the 8th of the next month, with a maximum interest-free period of 38 days.
According to Meituan’s official data, Meituan Monthly Payment, as a consumer financial tool, has a significant driving effect on local life consumption: after users activate Meituan Monthly Payment, local life categories such as catering, leisure and entertainment, etc. The average consumption order volume increased by more than 20%, and the average transaction amount increased by more than 15%. If consumers want to use Meituan Monthly Payment, they can apply for activation through the "Wallet" portal in the Meituan App and click "Monthly Payment". After activation, if you don’t want to use it, you can close it at any time in the Meituan App.
In January 2021, a Meituan user revealed that he was unknowingly opened the financial service "Meituan Monthly Payment" by Meituan Waimai and Meituan Maicai respectively, and already owed money. The amount is more than 100 yuan. At the same time, she questioned Meituan why she could successfully open this loan-like service even though she had not applied, had no real-name authentication, and had not bound a bank card. With the exposure of this incident, many netizens also found that they were inexplicably activated for Meituan Monthly Payment after using Meituan Biking, taxi-hailing and other services. Meituan has also been pushed to the forefront, and has been accused by netizens of being "ugly".
The Economic Daily commented on this incident and said: "Being loaned" exposed the reality of the lack of effective supervision of online loan platforms. At the same time, online lending platforms should also strengthen self-regulation, operate in accordance with laws and regulations, and effectively safeguard the legitimate rights and interests of users while seeking their own legitimate interests.
Operating environment:
Brand model: iPhone13
System version: iOS15.0
App version: v11.16.200