Rebirth of the Cyber ​​Hegemony

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obviously.

When Chen Yu talked about credit loans, Liu Yonghao was even less optimistic.

"Mr. Chen, I think this business is really too risky. Although, this business is really good news for consumers. Many people will not be able to afford computers for a while. He can pay in installments and increase Your sales. However, you are all ordinary people. Ordinary people don’t have mortgages, so they don’t have much credit. Once they don’t pay back the money, what will you do?”

The reason why banks do not engage in credit loans is that there are too many risks involved.

How can ordinary people have any credit at all.

In their eyes, how much is credit worth?

I don't know how many people give up their credit for money.

It's not just a loan from a bank, it's the same as a loan from a friend.

As a saying goes in reality, it is the grandson who borrows money, and the uncle who pays back the money.

You didn't take good care of the uncle, so I gave you back the money.

Banks obviously don't want to keep such risks to themselves, because it will increase the bad debt rate.

At the same time, it has become extremely troublesome for them to recover the money.

It’s okay to have a lot of money, the bank can sue you to pay back the money.

What should I do if I have less money?

Chen Yu's credit loans are only a few thousand dollars at most, and some are even hundreds of dollars. To go to court for thousands of dollars or hundreds of dollars?

And it's not just one person or two people. If the contract is breached in the future, there may be tens of thousands to 10.

Which bank has the energy to go to court with tens of thousands or tens of thousands of people?

But Chen Yu didn't think so.

Seeing Liu Yong's refusal, Chen Yu said: "That's why we need the two companies to cooperate. Otherwise, you can do the loan business. It doesn't matter if you want us or not."

"Mr. Chen, credit loans are really very risky, I suggest not to do it."

Seeing that Chen Yu didn't listen to persuasion, Liu Yonghao said again.

"Mr. Liu, I know the risks here, but what if we have the means to control the risks?"

"The means of controlling risks, what means?"

"Mr. Liu, don't forget our AliPay."

Chen Yu said with a smile: "PayPay is not just a payment tool, it is also a credit system."

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PS: Brothers, please send it more, this chapter is still 3000 words, it is interesting enough to understand.

Chapter 903: The listing of Shenzhou is hindered

"Credit system?"

Liu Yong was taken aback for a moment: "How do you say this?"

"Mr. Liu, our PayPass was originally used as a third-party guarantee. Buyers were afraid that the seller would not deliver the goods, and sellers were also afraid that the buyer would not pay for the goods, so our PayPass was launched. The purpose is to guarantee the buyer and the seller. In this way, whether it is a buyer or a seller, they can feel at ease about it.”

"I understand this. I have to say that your AliPay is very innovative, which also makes e-commerce possible."

"So, it is precisely because Alipay acts as a guarantee. It has the characteristics of credit at the beginning of its establishment. This makes buyers and sellers trust us, so our Alipay has been promoted. And Now, AliPay is widely used, and we have established a credit system for users through AliPay.”

"This system judges a person's credit rating based on the user's buying and selling behavior, financial situation, etc. The higher the credit score, the stronger his ability to perform the contract. At the same time, through his credit score, we can also achieve purpose of controlling risk."

Chen Yu's explanation made Liu Yonghao give a thumbs up: "Excellent, Mr. Chen, how did you come up with the credit system?"

Although their credit business has not yet started.However, if Universal Technology's PayPass is used as a judgment on the ability to perform contracts, then such a business is undoubtedly feasible.If a consumer is going to take out a loan, he can look at his credit score.If the credit score is not reached, then his ability to perform the contract is relatively low, and he can refuse to grant the loan.If the credit score is sufficient, it means that he has a strong ability to repay the loan, and this business will be completed.

Although it cannot be said that credit points can completely eliminate bad debts, with such a review, the entire loan business is much safer.

"We were forced out by the market. Our commercial companies are not like your banks. You are customers begging for loans, but we are begging customers to buy things and consume. You don't have to worry about no business at all. If we don't business, it would have to go bankrupt...so, we came up with such an idea."

"Mr. Chen, from what you said, it seems that our bank is making a lot of money."

Liu Yong scolded Chen Yu amusedly.

However, although what Chen Yu said was not so objective, the truth was correct.

Why don't their banks engage in credit loan business?

Could it be that they have no money?

Not at all.

They just don't want money to be a problem.

Of course, they can also think of some ways to reduce the bad debt rate.

For example, they can also develop a credit system.

However, because the bank is not worried about running out of business, they don't think in this direction at all.

"Mr. Liu, how is it? With my credit system, can I still do this business?"

"It's done, of course it's done."

Liu Yonghao nodded in satisfaction this time.

Although such a business may seem small, it is not.

Think about how many people buy mobile phones, computers, and various electronic devices?

Even if each person spends a few hundred yuan or more than 1000 yuan, the amount added up is too much.

Moreover, with the credit guarantee provided by Alipay of Universal Technology, the bad debt rate is not without, but it can definitely be reduced to a safe level.

Such a business, they Minsheng Bank must be extremely welcome.

There is another problem here, not everyone has an AliPay account.

Actually it doesn't matter.

It is impossible for Huanyu Technology to do business with everyone.

As long as there is a group of people who pay through, this business is already extremely large.

In fact, Chen Yu's PayPass currently has a considerable number of users.

In order to promote Alipay back then, Chen Yu bound the Alipay business with Internet cafe management software.

In fact, the Internet cafe management account is also an AliExpress account, through which Internet cafe users can also conduct online shopping.

It should be said that as long as you can surf the Internet, you basically have an AliExpress account.

"Since that's the case, then it's decided like this. I will send people to connect with Minsheng Bank for the specific operating rules."

"no problem."

"That's fine, Mr. Liu, I won't delay you, I'll go back first."

"How can this be done? It's rare for you to come here. How can I say that I am a landlord, and I have to do my best to be a landlord."

"It's just too busy."

"No matter how busy you are, you can spare time. Listen to me this time. By the way, there will be a banquet tonight, and it will be some bigwigs in the financial field. In the future, you will have to deal with them and introduce you to each other."

"In that case, then I will listen to Mr. Liu's arrangement."

Unable to shirk, Chen Yu could only agree.

……

"Mr. Liu, why did you get here?"

"Didn't I bring a heavyweight guest?"

"Heavyweight, what do you mean?"

"Look, you have lost your eyesight."

That night, Liu Yonghao took Chen Yu to the banquet.

However, many people were surprised by Chen Yu who was next to Liu Yonghao.

I wonder why Liu Yonghao brought a young man here?

But after Liu Yonghao's introduction, everyone's eyes widened, almost in disbelief.

"You are Chen Yu?"

"Doesn't it look like it?"

"No, no... No, Mr. Chen, you really surprised us."

If you want to talk about Huanyu Technology Chen Yu, you have heard of everyone.

But to be honest, few people have seen it.

It's just that although I haven't seen it, who is Chen Yu.

When people's names, trees' shadows, and Chen Yu's name are mentioned, even all the bigwigs in the financial world will look sideways.

"Come on, Mr. Chen, let me introduce you. This is Mr. Huang from the Agricultural Bank of China."

"This is Mr. Li from the Bank of China."

"This is Mr. Zheng from the Bank of Communications."

"This is Mr. Zhang from Industrial and Commercial Bank of China..."

Those who came were all bosses, and the lowest ones were all at the vice president level.

Chen Yu shook hands with everyone one by one.

"Mr. Chen, I heard that you opened the account of Huanyu E-commerce in Minsheng Bank, can you open part of the account in ICBC?"

After flipping through the introduction, at this time, Mr. Zhang of Industrial and Commercial Bank of China said.

"I said Lao Zhang, what do you mean, stealing business in front of me?"

Liu Yonghao glared at Mr. Zhang.

"What do you mean by robbing business? Huanyu E-commerce's business can't be monopolized by you Minsheng Bank alone, right?"

"No, Mr. Liu, you don't know, we all have opinions."

Mr. Li from the Bank of China also said.

"How to say, give us some points."

Mr. Zheng from the Bank of Communications also said.

After finishing speaking, everyone turned their attention to Chen Yu: "President Chen, what do you think?"

"Everyone, this is easy to talk about. If there is a chance, we can cooperate more."

Chen Yu did not refuse what they said.

After Alipay's business grows in the future, a Minsheng Bank will definitely not be able to handle it.

Huanyu Technology also has to cooperate with a number of domestic banks.

In addition, Chen Yu had to maintain close cooperation between AliPay and major banks at the beginning.

Otherwise, if AliPay failed to grow and was killed by their bank, then Chen Yu would cry to death.

You know, a business like AliPay seems to be a third-party payment tool.

But if he grows bigger, any bank can kill him.

This is why Mr. Ma in the previous life had the confidence to say that if the bank does not change, we will change the bank.

In fact, he did.

But even though it was done, in the development of the previous life, a group of banks also regarded Alipay as their biggest competitor.

At this time, it has not developed so well, so it is better to keep a low profile.

Moreover, Chen Yu also wants Alipay to cooperate with them, so that the bank can taste the sweetness.

In this way, this is also of great benefit to the promotion of AliPay.

"I'll go, Chen Yu, if I knew I wouldn't invite you to the banquet."