you can directly scan the code for payment. When your Alipay pays by scanning the code, the payment system will automatically select the best payment method, giving priority to the balance of Alipay, and then the bank card. If there is no payable amount, you will choose the money in Yu 'ebao for payment. In addition, when you provide the payment QR code, you can choose the payment method under the QR code, and you can choose the balance treasure payment.
Yu 'ebao is a balance appreciation service and demand fund management service product under Ant Financial, which was launched in June 213. Tianhong Fund is the fund manager of Yu 'ebao.
Yu 'ebao is docked with Yu 'ebao Monetary Fund under Tianhong Fund, which is characterized by simple operation, low threshold, zero handling fee and ready access. In addition to financial management functions, Yu 'ebao can also be directly used for consumer payment such as shopping, transfer, payment and repayment, and is a cash management tool in the era of mobile Internet. Yu 'ebao is still the largest monetary fund in China. On May 3, 218, Yu 'ebao was newly connected to two money fund products, namely "Bosera Cash Income Currency A" and "China-Europe Qian Bao Currency A" under Bosera and China-Europe Fund Company.
Yu 'ebao is not only an "artifact" of national financial management, but also constantly enters various consumption scenarios, bringing subtle and beautiful changes to users. Since 214, Yu 'ebao has successively launched projects such as buying a mobile phone with zero yuan and buying a car with Yu 'ebao, so that Yu 'ebao users can enjoy special preferential rights and interests, and also see Yu 'ebao's imagination in the field of consumption. In March 215, Yu 'ebao was the first to buy a house, which was a big breakthrough in the consumption scene of Yu 'ebao and the first time that the real estate industry introduced Internet financial tools. At that time, Fangxing Real Estate and Taobao launched the Yu 'ebao house purchase project, and released 1132 suites to support Yu 'ebao's house purchase in ten major cities in China, such as Beijing, Shanghai and Nanjing: after the buyer pays the down payment through Taobao, the down payment will be frozen in the balance treasure. Before the formal delivery of the house or 3 months after the down payment, the balance treasure income generated by the down payment still belongs to the buyer. This means that the first delivery and then payment, the first payment can also earn income.
the net profit of Yu' ebao in 215 was 23.131 billion yuan. This figure was about 24 billion yuan in 214 and 17.9 billion yuan in 213. As of December 31, 215, the net return rate of Yu 'ebao's share was 3.6686%, and the benchmark return rate of the same period was 1.3781%. Among the top five funds in terms of profit, Tianhong Yu 'ebao ranks first, and others are Guangfa Jufeng, China Post Core Growth, Yifangda Ruihui Flexible Configuration and Balanced Enrichment. It is worth mentioning that although the annual profits of the last four funds all exceed 7 billion yuan, none of them exceed 1 billion yuan, so the status of Yu 'ebao is far from being shaken. Experts pointed out that the current interest rate marketization reform in China is still progressing steadily. In the long run, the income of Yu 'ebao will gradually return to a more balanced income level of the money fund. The positioning of Yu 'ebao as a "cash management tool" has become more and more obvious.