It is safe. First of all, as a formal bank approved by the CBRC, the security of online merchant banks is definitely guaranteed. The bank's system security level is usually very high, so unless personal information is leaked, the security of buying wealth management products and deposits in online merchant banks is the same as that in offline banks. Moreover, it should be emphasized that the online merchant bank must conduct face-brushing authentication after logging in. Most netizens feedback that this face brushing certification is very strict, and sometimes they can't unlock it themselves, let alone others.

Yu Quan, known as Yunshangbao Money Market Fund, is a cash management tool for cooperation between online merchant banks and funds. So from the product background, the safety of the product is very high. When you buy jade in the online merchant bank, the transfer funds can be transferred to the online merchant bank account, which can ensure the safety of the transfer funds. As a monetary fund product, Yu Bao Li, like the balance treasure of Tian Hong Fund, is used to invest in securities with high security and stable expected returns, such as treasury bonds and bank deposits. Although it does not promise to report for work or guarantee the minimum expected income, from the historical performance, the risk of the stability of the expected income is relatively small.

In this way, the security of online merchant banks is still very good. The 7-day annualized expected return of this product is 3.0370%, and the expected return has indeed declined. But as a money fund product with a banking background, it will undoubtedly make many investors more confident.

1. Online merchant bank is the first domestic commercial bank whose core system is based on cloud computing architecture, and was founded by Ant Group as the major shareholder. As one of the first five private banks approved by China Banking Regulatory Commission, it officially opened on June 25th, 2005.

2. Introduction of online merchant bank: Based on the financial cloud computing platform, online merchant bank has the ability to handle high concurrent financial transactions, massive big data and flexible expansion, and takes advantage of the Internet and data technology. As a bank that focuses on providing financial services to more small and micro enterprises and individual operators, the mission and vision of online merchant bank is "meticulous". In recent years, the development of science and technology has greatly increased the availability of small and micro loans in China. More than 30 million small and micro operators have used non-contact loans from online merchant banks, and the average household loan is less than 40,000, of which 70% operators have never obtained operating loans from banks in the past.