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What is the interest on Alipay's installment?

Alipay interest:


At present, the payment fee for Alipay's installment is charged at 2%, and the withdrawal only supports two cycle stages: 3 (3 weeks) and 6 (6 weeks).


Take 500 yuan as an example. If you need to repay the loan within seven days, you need to pay the principal plus interest: 500+10=510 yuan; the repayment of the third period needs to be 540 yuan, and the total amount of the six issues is 570 yuan.


After selecting the instalment page, detailed information such as the first bill repayment date, the first repayment amount, the remaining period amount and the instalment service fee can be displayed, and it can be determined whether or not to install the instalment.


Note: The service fee is charged once and the bill is formed.PrepaymentIt will not reduce the handling fee.