Yu 'ebao is a balance value-added service launched by Ali Ant Financial in June 20 13. Transferring money to Yu 'ebao is actually equivalent to buying a monetary fund named "Tian Hong Yu 'ebao Currency" provided by Tian Hong Fund.
The balance of Alipay is stored in Alipay and can be used as a coin purse.
First of all, they are different in essence (or mission). Yu 'ebao is a monetary fund and a wealth management product under Alipay. It has no online payment function. It only binds Alipay and completes payment through Alipay's payment process. In fact, Alipay completed the online payment process. In essence, it does not have the third-party payment function like Alipay.
Second, the income is different. The balance of Alipay is like the funds deposited in Alipay by bank cards, which will not increase or decrease. However, Yu 'ebao is profitable in theory. In fact, Yu 'ebao is profitable. Although the income is relatively small, it can increase your balance.
Finally, the amount of authorization is different. Due to policy reasons, the withdrawal and payment of Alipay balance have been restricted in the past two years. However, after the balance of Alipay is transferred to Yu 'ebao, Yu 'ebao itself is only a balance value-added service, which is not affected by the policy and there is no such restriction.
Ordinary people look no different, but they are different after careful analysis. What is the significance of Alipay balance?
1. In many application scenarios, you can know your Alipay balance in real time. In many scenarios, such as Alibaba Cloud, idle fish, UC rebate and other applications, you can query Alipay balance in time.
2. Many Ali products only support Alipay balance payment and do not directly support Yu 'ebao payment. At this time, you can pay with Alipay balance.
3. Alipay balance supports all kinds of bank card recharge, but Yu 'ebao does not directly support bank card transfer, and it must be recharged by Alipay to transfer money.
4. Alipay balance can directly purchase other wealth management products under Ant Financial, but some balance treasures cannot be directly transferred to other wealth management product accounts.
5. Alipay balance can be directly transferred to friends or red envelopes can be sent to friends. Convenient and quick.
References:
Yu' ebao introduced
Extended content: Alipay
(Third-party payment platform)
Alipay (China) Network Technology Co., Ltd. is a domestic third-party payment platform, which is committed to providing "simple, safe and fast" payment solutions. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.
Alipay has established strategic cooperative relations with more than 80 banks at home and abroad, as well as institutions such as VISA and MasterCard, and has become the most trusted partner of financial institutions in the field of electronic payment.
From April, 2065438 1 day, Alipay and WeChat will pay by static bar code, with a daily limit of 500 yuan. 2065438+August 2 1, in 2008, Weibo, the official of Alipay, and Weibo, the official of Ant Financial Security Center, reported that the delayed payment function of Alipay had been fully upgraded, and the defrauded funds were expected to be recovered.
yu ebao
Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial, which was launched on June 20 13. Tian Hong Fund is the fund manager of Yu 'ebao.
Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.
2065438+On May 3rd, 2008, Yu 'ebao newly accessed two money fund products, namely "Boss Cash Income Currency A" and "China-Europe Rolling Qian Bao Currency A", which are owned by Boss and China-Europe Fund Company.