However, since Alipay launched "Yu Bao Li", many users have discovered the bug of Alipay's cash withdrawal.
As long as the money in Alipay balance is transferred to Yu, there is no handling fee for withdrawing cash.
PS: Yu Bao Li is the Yunshangbao Monetary Fund launched by Tian Hong Fund, which is characterized by risk and high liquidity. It is jointly built by online merchant bank and Hongtian Fund.
However, just recently, Alipay suddenly adjusted this and could not withdraw cash for free in the future!
On April 19, the online merchant bank issued an announcement.
From April 2, 20231day, the bank will gradually suspend Alipay's withdrawal or transfer to the online merchant's bank account, and the online merchant's bank account only supports my own bank account transfer.
To put it simply, you could have transferred the money to the online merchant bank through Alipay, and then the online merchant bank withdrew the money to the bank card, which could save the handling fee.
After this suspension, Alipay will charge a handling fee for cash withdrawal in the future, because the money transferred to the online merchant bank can only be transferred through my bank card, not through the balance of Alipay.
In this regard, many netizens said they could not accept it. They still have a lot of free cash withdrawals, and they won't use them.
Based on the adjustment of business rules, the online merchant bank will gradually stop Alipay balance transfer and only support my bank account transfer.
If the merchant needs to transfer the balance of Alipay to the online merchant bank, he can first withdraw it to his other bank card, and then transfer it from the bank card to the online merchant bank.
At present, merchants who collect money codes do not need to pay handling fees to withdraw Alipay balance to bank cards.
Generally speaking, the adjustment of this business only affects ordinary users.
However, on the other hand, this adjustment of online merchant banks is also a kind of protection for the safety of users' funds to some extent.
Because online merchant banks belong to class accounts, and the central bank stipulates that non-core accounts only support the transfer of funds from their own bound accounts, and do not support deposits from unbound accounts.
Therefore, in general, the adjustment of online merchant banks is more beneficial than harmful to users.
After all, the principal is more important than the withdrawal fee.
Related Q&A: Direct consumption in Yu Can and Bao Li? How to pay for the remaining consumption? There is only one word difference between Yu Baoli and Yu 'ebao, but they all belong to Alipay. Many people have heard of Yu 'ebao, but little is known about Yu Bao Li. Will Yu Can Polly be directly consumed? How to pay for the remaining consumption? I have prepared relevant contents for everyone. Interested friends come and have a look! Jade can be directly consumed, but it can only be used for consumption if it is enabled. If it is not enabled, it cannot be directly used for consumption. There are two main ways to enable it: Method 1: Users can log in to the online merchant bank APP and click the [Open Now] button on the [Automatic Redemption] card on the remaining page to enable the remaining automatic redemption function and use it directly for consumption. Method 2: Users can try to operate through Alipay APP- [My]-[Yu Bao Li]-[Payment]. Repayment]-[Unlock] page. After the function is successfully opened, when the user chooses to use the online merchant bank express card for payment or repayment at Alipay, when the transaction amount does not exceed the online merchant express payment limit and the current balance of the online merchant bank account is insufficient, the rest will be automatically redeemed (including Alipay and Niu Qian). It is worth noting that I choose the online merchant bank express payment card when I pay, and I have no option, but I deduct it directly when I deduct it, which is equivalent to indirect payment. In fact, the safety and risk of putting money in Bao Li and Yu 'ebao are almost the same. They all belong to Alipay's financial management on a commission basis, but Yu 'ebao is more convenient than Yu Bao Li.