"Mr. Zhang, during this "Operation Iron Fist", we have closed down the Yongbei payment collection function of 16,583 merchants, frozen 582 million Yongbei credit lines, and lowered 662 million Yongbei credit lines..."

Hong Haibo began to report the results to Zhang Yida.

"Where's the Leech Golden Clothes?" Zhang Yida asked.

Hong Haibo said with a smile: "Leech Financial is now copying us. They saw that we started a cash-out crackdown. They are also following up. I don't know the specific results, but they are definitely more powerful than us."

"Did it have any adverse impact on us?"

Hong Haibo shook his head, "That's not true! It is illegal for users to do this. We have basis for closing their payment function or lowering or freezing their credit limit.

After turning off the Yongbei payment collection function, merchants can still use other payment collection functions normally, and the impact on their business will be minimal.

As for individual users, some users posted online complaints, saying that Ruixiang had frozen or lowered their usage quotas for no reason."

Zhang Yida ordered: "If you do this, post an announcement on the APP to inform the motivation and results of this operation, so as to deter the users who are thinking wrongly.

In addition, we should also pay attention to public opinion on the Internet. We should operate on the Internet to make public opinion on our side."

Hong Haibo nodded, "Okay, we must maintain our glorious image!"

"Right!"

Zhang Yida remembered something and said: "You should connect with Mobao Payment, upgrade the merchant's payment code, and set a limit for a single payment, for example, it cannot exceed 500 yuan.

500 yuan should be enough to buy groceries and go to the supermarket.

As for the consumption of shopping malls and furniture, this is a matter of borrowing money.

Anyway, let’s study the specific numbers!

Also, risk control technology needs to be strengthened, and if there is any sign of cashing out, it should be nipped in the bud.”

Hong Haibo frowned, "Isn't it too strict, causing business volume to be affected?"

"You can figure out the specific scale. If you occasionally cash out once or twice and repay the loan normally, just let it go!

If you cash out very frequently, something will happen sooner or later!"
Chapter completed!