Yu Libao is a "lazy wealth management" product jointly created by online merchant bank and Tianhong Fund for small and micro enterprises and individual operators. Like Yu 'ebao, his essence is also a money market fund, which corresponds to Yunshangbao Money Market Fund under Tianhong Fund, with the fund code of 1529.

The so-called small and micro enterprises and individual operators are collectively referred to as Alipay merchants, so if you want to use Yu Libao for financial management, you must open Alipay merchants.

although Yu libao and Yu' ebao are both money market funds, Yu libao has many advantages compared with Yu' ebao. Yu libao supports the automatic transfer of Alipay balance, and the maximum amount of small and micro enterprises is 5 million, while the maximum amount of individual operators is 1 million. The most important thing is that the transfer of funds in Yu libao is free.

Although Yulibao is only allowed to be opened by small and micro enterprises and individual operators, in fact, it is very simple for individual users to open Yulibao, and they can become Alipay merchant services by simply applying for opening Alipay's payment code, thus opening Yulibao.

In fact, Yu Libao always has five entrances. Apart from the Alipay merchant service just mentioned, let's take a look at the other four entrances:

1. Online merchant bank

Yu Libao itself is jointly built by online merchant bank and Tianhong Fund, so this entrance of online merchant bank is the same as Alipay merchant service, and it is also the most basic entrance. As long as Alipay merchants are concerned, they can Apply for opening Yu Libao in Alipay or online merchant bank app.

2. Qianniu

Qianniu is a mobile working platform officially developed by Alibaba for Tmall, Taobao, 1688 and Alibaba sellers. The requirements for opening a Yulibao account in Qianniu are relatively high, and it is only necessary for Tmall or Taobao corporate customers.

3. Word-of-mouth shopkeeper

Word-of-mouth shopkeeper is a business management tool developed by Word-of-mouth Network, a life service platform of Ali. If you are a word-of-mouth merchant, you can log in to the word-of-mouth shopkeeper App to apply for opening Yu Libao.

4. Corporate Alipay

As its name implies, it is specially prepared for corporate Alipay users. If you are a corporate Alipay user, you can log in to corporate Alipay official website and apply for opening Yu Libao.

under the current situation of restricted purchase of Yu 'ebao, all functions of Yu Libao are better than Yu 'ebao, except that it is not as convenient as Yu 'ebao. Yu 'ebao can be opened for all Alipay accounts with real-name authentication, but only merchants can open Yu Libao.