Alibaba's CreditCard-like Instalment

The tmall.com (天猫, Alibaba's online store) now provides a way to do credit-card like Instalment for some accounts and some goods

Every account now has a "credits" (just like credit card), and when you are browsing some goods it shows the instalment plans if available

When the price of the goods you are buying does not exceed your credits, you will be able to purchase them with paying nothing at that moment. Instead, you will need to pay the Instalments every months

Some instalment plans are "No first pay, No commission".