Alipay is a formal loan, which is a consumer credit product launched by Ant Financial. Ant Financial is a formal company with relevant business licenses. In addition, the loan is connected with the credit information system of the People's Bank of China, and users will record it on the credit information after applying for the loan.
If users want to borrow money with a debit card, they can go to Alipay APP and click My-Debit Card to borrow money. After application, users can choose to lend money to bank cards or Alipay balance.