The income of Yu 'ebao comes from the money fund (wealth management products), and the income is not fixed, but as long as it is a fund investment, there will be risks, but the risk of the money fund is small.
Extended data:
I. Risks of Yu 'ebao:
1. The income of Yu 'ebao comes from the money fund (wealth management products). The income is not fixed, but the fund investment will be risky, but the money fund risk is small.
2. According to the regulations of the central bank on the management of third-party payment platforms, the balance of Alipay can be purchased by agreement deposits, and there is no clear regulation on whether the fund can be purchased. Yu 'ebao's practice of realizing the fund sales function with the help of Tian Hong Fund is playing a marginal role. From a regulatory point of view, Yu 'ebao is illegal. Once the regulatory authorities attack, Yu 'ebao may be stopped.
3. Yu 'ebao transfers bank cards and money funds through Alipay, that is, funds are transferred from personal bank cards to Alipay, and then from Alipay to Yu 'ebao, and Yu 'ebao invests in money funds; The traditional money fund is from personal bank card to money fund. In other words, because of Alipay, Yu 'ebao destroyed the closed cycle of the banking system in which funds were transferred from personal bank cards to money fund custodian banks. Once there is a loophole in the personal Alipay link, the client's funds will be at risk.
4. Yu 'ebao does not prompt the user about the investment risk of the money fund. Once the users of Yu 'ebao have income disputes, legal disputes are hard to avoid, and the resulting impact is hard to estimate.
Second, the advantages of Yu 'ebao:
1, with good liquidity and convenient transfer.
2. Let's look at a set of income comparison data. At present, the annual interest rate of RMB demand deposits in banks is 0.35%, and the seven-day annualized rate of return of Yu 'ebao is generally around 4.5%-5%, which is at least 12 times higher than that of demand deposits. The income advantage is self-evident.
3. Alibaba established Ali Microfinance Group, with guarantee companies and loan companies. With abundant funds, it has been ready for a long time, and its ability to cope with unknown risks is stronger.
4. Yu 'ebao is more convenient. Relying on Alipay platform and real-name authentication, if you want to buy Yu 'ebao, you can pay and subscribe directly on Alipay without opening a separate account.
Three. Introduction to AliPay
Alipay (China) Network Technology Co., Ltd., established in 2004, is a domestic third-party payment platform, and is committed to providing "simple, safe, fast and convenient" payment solutions for enterprises and individuals. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.