210: Section 210

However, for users seeing these two terms for the first time, aside from the second term being related to Weixin Wallet, many people couldn't understand what the first function was for.

That day, most of the online discussion was basically about QQ launching its payment function.

Because of WeChat and Blue Wallet's previous actions, many people were looking forward to QQ also launching some useful activities.

But at first, besides launching some online payment coupons, QQ did not carry out any large-scale offline discount activities.

This situation left many users feeling confused for a time.

It's quite strange that you launched a payment function but didn't use any large-scale activities to promote it.

And internally, QQ was actually quite helpless.

Because QQ's payment function was launched suddenly, there was no prior notice or preparation.

Therefore, QQ Pay's offline collection codes and merchant codes had hardly appeared anywhere at this time.

With offline collection codes and merchant codes not yet widespread, even if they launched offline consumption activities, it would be useless.

After all, even if there were discounts on purchases, it would be pointless if supermarkets didn't have QQ Pay collection codes.

So, internally, QQ is currently frantically contacting various offline promotion teams, preparing to start placing offline collection codes.

But when they actually started doing this, they realized how difficult it was to spread collection codes across the entire country immediately.

It should be noted that before Weixin Wallet was launched, Weixin Wallet had already made extensive preparations, deploying a large number of offline promotion teams across the country.

And as soon as WeChat went online, these offline promotion teams immediately began to frantically promote WeChat's collection codes.

But even so, it took a full month for WeChat Pay's collection codes to cover one-third of Blue Wallet's scope!

It should be noted that QQ is now facing not just Blue Wallet as an opponent, but also WeChat, and two collection codes are already the upper limit that many merchants can accept; adding another one would truly be too much.

Therefore, if QQ truly wants to spread its collection codes, the time and difficulty involved will certainly far exceed that of the previous Weixin Wallet.

However, while QQ's offline movements were somewhat difficult, its online movements were quite fast.

Almost an hour after QQ's payment function went online, Penguin Group announced that in the next six months, all Penguin games would receive a 5% discount if recharged using QQ Wallet.

Although the discount was not large, for many Penguin game players, the appeal was already enough.

And this six-month period also indicated that QQ was prepared for a long-term tug-of-war.

It's just that no one in Penguin Group at this time had thought that a function updated by WeChat and QQ on the same day would almost completely cripple QQ.

Just as everyone was discussing QQ's update, time quickly came to the next day.

And on this day, news about WeChat's update finally made it to the hot search.

Initially, this hot search was very low, only in the 40s.

But as more and more people clicked on this Weibo and discussed this WeChat update, within a short half an hour of this hot search appearing, this hot search about WeChat's update directly surged to the top of the weibo hot search, with much higher popularity than yesterday's QQ update.

Because the content of this WeChat update brought a level of shock to WeChat users that an online payment function launched by QQ simply couldn't compare to.

And this hot search only had a short sentence: “What are WeChat’s updated Huabei and spare money?”

It was this single Weibo post introducing WeChat's updated content that directly sparked countless discussions.

After clicking on the hot search, when they saw what WeChat was doing, countless internet users almost instantly erupted.

Interest-free consumption one month in advance, and free-to-use spare money.

Either of these two functions, thrown out alone, could cause a shockwave across the internet.

Because these two functions are genuinely challenging users' integrity!

It should be noted that borrowing money from banks still requires collateral, and various data and certifications are needed on major legitimate lending platforms; illegal platforms are even more self-explanatory, with many hot searches recently about student suicides due to naked loans.

To open a credit card, many documents and proof of salary, etc., are also required.

But this Weixin Wallet's Huabei truly has almost no restrictions; as long as you frequently used Weixin Wallet for payments before, you can almost unconditionally open Huabei.

the only difference is probably that different people will have different Huabei amounts based on their credit scores.

At its highest, it can even directly open tens of thousands in Huabei.

···Please give me flowers···

And most importantly, Weixin Wallet's Huabei is interest-free; no matter how much you used last month, you don't need to pay back a single extra cent when repaying next month.

Unless it's overdue or repaid in installments.

But even so, Huabei's interest is still extremely low, almost negligible.

Furthermore, Weixin Wallet's credit score is not static; it increases or decreases with user usage.

All these details almost immediately made Huabei the first choice for countless people to consume in advance in the short term!

Moreover, this move by Weixin Wallet is also a form of trust in users.

Those with higher credit scores, upon seeing that their Huabei amount exceeded ten thousand after activation, almost all felt a sense of gratitude.

After all, such a large sum of money, in reality, probably few people could lend out immediately.

But this software unhesitatingly gave these high-credit-score users an opportunity.

..... ..... ....

This kind of trust in users is also a rather lacking part of the current internet environment in Yan Country.

At the same time, because the launch of these two functions was so astonishing, this hot search attracted over a million comments within just a few hours.

“This is crazy, isn’t WeChat really afraid that people won’t pay back? I feel like if just three or four out of ten people who use Huabei don’t repay, then the Weixin Wallet system will collapse.”

“It doesn’t need to be that high; if just one or two out of ten people consistently don’t repay, WeChat probably won’t be able to sustain it.”

“Good heavens, this is going to snatch business from banks. WeChat is truly too brave.”

“Before, I still felt that even if WeChat launched its wallet function, it was still a bit short of changing the internet landscape, but with this thing out, it’s probably truly enough.”

“My brother has been using WeChat Pay for a long time, and his monthly transaction volume is also very high. He just checked, and if he activates Huabei, his limit is actually thirty thousand!”