Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.
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The advantages are simple operation process and convenient use. Yu 'ebao products, the fund direct selling system of fund companies is built into Alipay website, and users can purchase or redeem funds in Alipay. The whole process is as simple as Alipay recharging, cash withdrawal or shopping.
The investment threshold is low, attracting the participation of the whole people. Yu 'ebao products do not limit the minimum purchase amount of users. On the one hand, it helps to maximize the concentration of all fragmented and idle funds in society and improve the utilization rate of social capital.
At the same time, let customers enjoy the most convenient financial services. On the other hand, it also inspires many customers who have never been involved in financial management, especially the latter plays an important role in establishing a correct and keen concept of investment and financial management for the whole society.
Baidu encyclopedia-Yu' ebao