Qianbao Life (*) is headquartered in Shanghai. It integrates resources from banks and merchants, independently develops and operates a mobile platform for real-time cashback on consumption based on a comprehensive payment experience. The types of merchants served cover catering, entertainment, beauty, supermarkets, hotels, and other life service sectors. Its core is that the cashback amounts users receive from spending at different types of merchants can be reused or withdrawn at all merchants supporting Qianbao Life. Currently, it has expanded to 180 cities nationwide.
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