Most of Alipay's funds are sold on a commission basis. Besides the wealth management products issued by other financial institutions, the bank's fund products will also be issued. Compared with banks buying wealth management products, Alipay's transaction rate is lower.

The threshold for Alipay to purchase funds is relatively low. The investment threshold of most fund products is to support the investment of 1 yuan, while the threshold of banks is relatively high, generally more than 50 thousand yuan.

Extended data:

Matters needing attention of Alipay Fund:

The selling rates of different funds are different, and short-term financial funds and money funds do not charge.

The longer the same fund is held, the lower the handling fee rate.

Some funds have a minimum redemption rate.

The redemption of the same fund share bought on different dates will follow the principle of first in, first out. If it is a one-time redemption, the redemption fee will be calculated by stages according to the holding days.

Baidu Encyclopedia-Alipay

People's Daily Online-AliPay Selling Fund Ali Data Reliability Spectrum?

People's Daily Online-Alipay's income from selling funds is ten times that of the current period.