Core Points - The Hangzhou Housing Provident Fund Management Center has launched a direct payment service for housing provident fund to alleviate the down payment pressure for employees [1] - The online processing function for second-hand housing has been made available, allowing employees to use their provident fund for down payments on second-hand homes in Hangzhou [1] Summary by Sections - **Service Introduction** - The new service aims to reduce the financial burden of down payments for homebuyers in Hangzhou [1] - **Online Processing Steps** - Users must log in to the Zhejiang Government Service Network to access the service [1] - The process includes selecting the relevant options, entering the required information, and uploading necessary documents [1] - After verification, the funds will be transferred directly to the intermediary's regulatory account upon approval [1]