The bank has more than 32 million credit card users
China-based SPD Bank has partnered with JD Business, JD.com’s enterprise procurement business. The bank wants to use JD’s intelligent digital procurement system to provide an enhanced credit exchange experience to SPD’s customers.
In fact, JD Business connects SPD Bank with JD’s product pool. It allows credit card users to exchange their points for merchandise through the SPD Bank app, use JD’s delivery and after-sales service.
The product pool covers over 380,000 items from 33 categories including office supplies, home products, beauty products, and food and beverages.
Besides, JD’s big data and AI technologies enable personalized recommendations of products.
We’ve reported that JD and Cloudflare, the US security platform, have announced a partnership to provide a faster and safer Internet for international companies running business in China and for local businesses reaching consumers globally.
SEE ALSO:
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.