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ICBC Upgrades Installment Service for Credit Cards and Launches “Happy Installment”
 

On May 17th, ICBC integrated and upgraded its credit card installment products and officially launched “Happy Installment”, committing itself to providing customers with a full range of diversified consumer financing services. Meanwhile, ICBC has launched “e-installment” for featured products of “Happy Installment”. Customers can transfer available credit line of their credit cards into special debit cards to better meet large consumption demand of car buying and home decoration.

It is learnt that, ICBC “Happy Installment” extensively covers car, home decoration, renting, tourism, education, wedding ceremony and other consumption scenarios and provides customers with more convenient installment services and more preferential installment rates via online channels and offline outlets, such as ICBC official website, ICBC e-Life and Mobile Banking App.

An official of ICBC Peony Card Center said that ICBC had persisted in leading funds into consumption, industry and commerce to serve people’s livelihood, since it launched credit card installment business in 2007. The annual accrual of ICBC installment business amounted to over RMB320 billion in 2017. Afterwards, ICBC will promote the integration of “Happy Installment” with customers’ consumption patterns and lifestyles, and provide safer and more efficient services to make modern finance better serve the society and people.


(2018-07-02)
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