Traditional Culture Encyclopedia - Traditional stories - What is p2p mode?
What is p2p mode?
P2P mode refers to P2P finance, also called P2P credit, which is a kind of Internet finance (ITFIN). It means: point-to-point.
P2P finance refers to small loan transactions (generally individuals) between different network nodes, and it is necessary to help borrowers and borrowers establish loan relationships and complete relevant transaction procedures with the help of e-commerce professional network platform. Borrowers can publish loan information by themselves, including the amount, interest, repayment method and time, and decide the loan amount by themselves to realize self-service loan.
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