White note is a folk saying. The white stripe on JD.COM refers to the service of selling on credit, in which the seller delivers the goods first and the buyer can postpone the payment. The term "IOUs" comes from the credit sale of commodities, and commercial transactions are conducted on the basis of credit, which occurs between the two sides of the credit sale. The determination of the use direction of the credit amount, the repayment period and the corresponding interest compensation can be determined by the two sides through direct negotiation.

However, IOUs are slightly different from goods sold on credit. IOUs do not negotiate with users to determine the credit amount, determine the use direction, repayment period and corresponding interest compensation, and are uniformly stipulated by JD Finance. If users find it acceptable, they can enjoy the shopping experience of paying first.

Users who use IOUs to make payment on JD.COM website can enjoy deferred payment within the account period or payment by installments of up to 24 installments. Whether JD.COM White Bar can be opened is comprehensively evaluated by the system according to the materials filled in by users. Therefore, when filling in relevant materials, users need to ensure that the materials are true, effective and complete.

write a non-standard receipt

IOUs refer to informal receipts or IOUs issued by units in arrears, such as white paper, notes, etc. Second, leaders use their power to carry out abnormal business through the back door, give notes to them, and do things with notes instead of going through normal procedures; Three refers to no cash payment, write an IOU to an individual.

JD.COM baitiao

As the first Internet consumer financial product in the industry, at first "White Bar" was only provided for users to shop in JD.COM Mall. In fact, it relied on JD.COM Mall to provide users with credit purchase services.

In April, 20 15, "White Strip" opened up O2O, global purchase and product crowdfunding within the JD.COM system, and then gradually covered the fields of renting, tourism, decoration, education and so on, extending from credit purchase service to providing credit loans, covering more consumption scenarios and providing services for more consumers. On March 20 16, jingdong finance launched the first cash lending product, JD.COM gold bar, which is a tailor-made cash lending service for IOUs with good credit, and it is an extension of IOUs credit in the cash consumption scenario.

JD.COM Gold Bar adopts differentiated credit granting and interest rate pricing, and provides cash lending service with the maximum credit line of 200,000 yuan and the longest installment 12 months, with daily interest, with the daily interest rate not exceeding 0.05%. On August 20 16, the white stripes were merged into jingdong wallet. As an important channel entrance of Jingdong Wallet, White Strip has moved from online to more scenes on the mobile side.

In addition, Baitiao also cooperated with China CITIC Bank and China Everbright Bank to launch a joint credit card, also known as "Little White Card". This is a "internet plus" credit card, which is sought after by young people born in 1990s, and it is also the first credit card for many young people. This card further embodies the role of IOUs as credit connectors between the Internet and banks, online and offline, and enjoys the combined rights of banks and the Internet.