The change pass is actually to buy money funds. Recently, the interest rate of money funds has dropped rapidly. Based on the annualized rate of return of 2%, 1 yuan's annual income is 2 yuan, with an average of 2/365=.55 yuan per day and almost .55*7=.385 yuan for seven days a week, which means that the weekly income is less than 4 cents.

change pass is the latest function of wechat, which is very similar to Yu' ebao: users can directly use the money in the change pass for consumption, such as transferring money, issuing red envelopes, scanning code payment, and returning credit cards. At the same time, when the funds are not used in the change account, they can automatically earn income.

change pass is a basic service account of wechat payment alongside "change", and users can directly access it through wechat-wallet-change-change to relieve constipation, thus realizing change financing. Users can transfer funds from WeChat change or bank debit card to change pass, and all funds from change pass can also be transferred to WeChat change or bank card, and there is no handling fee for transfer.

on September 5, 217, wechat was testing the "change pass" function. After the internal test users transfer the WeChat change to the change pass, they can not only earn income, but also pay at any time.

On November 17th, 218, Tencent's new function, Change Pass, was launched for public beta. After users open Change Pass, they can directly use the funds in WeChat wallet to pay for all the scenes, and at the same time, they can help users automatically obtain financial benefits. In other words, the change in the user's WeChat wallet can be used for both WeChat payment and wealth management income.

wechat "change pass" is different from "Yu 'ebao" in terms of product scale, function and positioning.

wechat "change pass" has a small capital scale and belongs to the "small amount and high frequency" financial management scenario. The way of transferring funds to change money can be transferred not only through WeChat change, but also through other channels such as bank cards. The part transferred from WeChat change can only be transferred back to WeChat change, while the part transferred from bank card can be directly withdrawn to bank card. Among them, the source of WeChat change mainly comes from sending and receiving red envelopes and transferring money between friends, while the consumption scenes are mainly taxis and meals, all of which are small scenes.

the limit of wechat "change pass" is 1, yuan per single day, and the maximum amount of wechat change payment is 2, yuan/year.

wechat has launched the function of "small change financing" before, but this part of financing funds is separated from the small change account, so it is impossible to spend money at any time while managing money. Tencent said that the launch of "small change" is to better improve the user experience of wechat.

the cooperative fund companies of wechat "change link" will be e fund, southern fund and harvest fund, and there is no cooperation with Huaxia fund. The funds transferred by users to the "change pass" will be a market fund managed and sold by the above three fund companies.