Yu'E Bao is a balance financial product launched by Alipay.

When you transfer funds to Yu'e Bao, you are actually purchasing a currency fund called Yu'e Bao (formerly known as Zenglibao Monetary Fund) provided by Tianhong Fund. You can transfer it in, transfer out or spend it at any time, allowing you to

You make money and spend money at the same time.

Account opening conditions: Yu'e Bao account opening only supports residents of the People's Republic of China and mainland China who are over 18 years old, and eligible Hong Kong and Macao users.

Supports real-name authentication (18-digit ID card, if the authentication is 15 digits, fill in 18 digits when opening Yu'e Bao, the system will automatically match) accounts, supports accounts that have passed identity verification and are bound to quick bank cards (including cartoons) or (because

(Not supported by bank cards) For accounts verified through wireless face scanning, if there are other verified accounts with the same ID card, they must be linked and verified before they can be opened.