What does a Sesame score of 700 mean?

A Sesame Credit score of more than 700 points is already a high-end user in Alipay, and for these high-quality users, Alipay has officially opened more international businesses. For example, users with a Sesame Credit score of 700 or above can enter Alipay's fast visa channel to apply for a visa. Currently, countries that do not require certification materials include: Canada, Latvia, Argentina, etc.

Alipay Zhima Credit is an independent third-party credit reporting agency under Ant Financial. It objectively presents an individual’s credit status through cloud computing, machine learning and other technologies. “Zhima Credit” is a credit reporting system. The system collects data from the government and financial systems, and also fully analyzes user behavior records on Taobao, Alipay and other platforms.

According to the official introduction of Alipay and Ant Financial, Zhima Credit Score has five levels, from low to high:

Poor: 350-550

Medium: 550-600

Good: 600-650

High quality: 650-700

Excellent: 700-950

< p> When applying for a foreign tourist visa, you need to submit various materials, such as bank statements, employment certificates and other tedious materials. Sesame Credit solves the complicated procedures.

Users with a Sesame score of 700 or above can:

1. Can directly use the Sesame credit report to apply for a Singapore visa. Users with a Sesame score of 750 or above can directly use their Sesame credit report to apply for a Luxembourg visa.

Operating environment:

Brand model: iPhone13

System version: iOS15.0

Website: www.fliggy.com

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Application steps: Log in to Fliggy Travel official website via computer; travel and vacation → visa/Taiwan entry permit. Note: Not all users who meet the credit score will be able to apply for a visa. The authority to approve visas only belongs to the embassy or consulate/immigration bureau.

2. Users with a Sesame score of 700 or above can enjoy deposit-free renting of houses and cars, deposit-free hotel accommodation, and deposit-free rental of digital supplies through Alipay.

3. There are several safe and reliable loan products in Alipay, such as China Merchants Bank Hao Futures, Ant Borrow, Ant Borrow, etc., and some online loans will also apply for loans based on the borrower’s Sesame Credit Assessment. Qualifications, such as Jubao flash loan.