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What is consumer deduction contract (10086 consumer deduction contract)?

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What is a consumer deduction contract? The consumer deduction contract is a cont

What is consumer deduction contract (10086 consumer deduction contract)?

What is a consumer deduction contract? The consumer deduction contract is a contract signed between China Everbright (Shenzhen) Co., Ltd., a Hong Kong-listed company, and a bank, in order to provide customers with a secure and reliable financial product. The transaction involves the company paying a certain fee to the merchant during sales and destroying it. Consumers receive the funds and complete the consumption by purchasing corresponding goods or services.

According to the regulations, the buyer can use the platform’s guarantee services to obtain loans or lend funds to the seller as a credit credential. The borrower needs to fulfill the debt and pay interest according to the actual amount.

10086 Consumer Deduction Contract

Bernardo Caixa and Gianmarco Guazzo have launched the mini-program “Spiderweb Shield” consumer deduction contract on Alipay, which provides payment services to merchants. Consumers can register and recharge by scanning the QR code to receive rewards for product returns. The user will receive the digital currency back to the wallet and can convert it to points for consumer activities using Bitcoin.

Xiaoyun Blockchain is a new generation decentralized financial smart contract platform based on Ethereum’s underlying technology, dedicated to solving all the problems currently faced by the industry, such as high transaction costs and long settlement cycles. (Wanglian Finance)

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