Is Alipay Online Commercial Loan an online loan?

Online merchant bank online merchant loan does not belong to the category of online loan.

Online lending usually refers to bridging the gap between borrowers and investors through the Internet platform, while online lending by online merchant banks is a peer-to-peer lending service directly provided by banks, which belongs to the digital extension of traditional banking business. Online merchant banks are supervised by regulatory agencies, and their loan products comply with banking laws and regulations, and the supervision is stricter and more standardized. In contrast, the supervision of traditional online lending platforms is relatively flexible. Therefore, online commercial loans and traditional online loans are different in mechanism, supervision and business model. The former is more in line with the lending model of traditional banks and does not belong to the typical category of online lending.