When consumers pay, Yu 'ebao's money will be deducted directly. Yu 'ebao is a monetary fund, and it will earn money every day.
The money in Yu 'ebao can also be transferred in and out at any time, which can be used not only for online shopping and living expenses, but also for offline consumption without handling fees. It is also convenient to directly use the money in Yu 'ebao to buy a fund and make a fixed investment.
Epro is a balance value-added 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.