Jifenbao is a points service provided by Alipay, which has cash value. 100 Jifenbao can be used to deduct 1 yuan.

Jifenbao can be used as cash directly and has a wide range of uses. There are mainly the following types:

1. Support cash purchases on Taobao, Tmall Mall and other websites;

2. Support credit card payments, water, electricity and gas payments;

3. Redeem lottery tickets/gifts;

4. Donate to people in need and contribute your love.

Special note, Jifenbao cannot be transferred to others. Even charity donations are made to a specific foundation.