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.
Yu 'ebao is a wealth management service launched by Alipay, but it can also be used for daily shopping and credit card payment. When used for payment, Yu 'ebao has the advantages of large amount and very high payment success rate. When used for payment, Yu 'ebao can also obtain wealth management benefits.
Extended data
After the large transfer of Yu 'ebao was delayed, Tian Hong said that there was no need to advance funds:
Users of Yu 'ebao who apply for transfer of more than 50,000 yuan on the same day and apply after 15 on the same day will be changed from the original next working day (T+ 1) to the next two working days (T+2).
Yesterday, Yu 'ebao announced the adjustment of the arrival time, and the new regulations will be implemented from today. According to the new regulations on the redemption of Yu 'ebao, when the accumulated amount of bank cards is less than or equal to 50,000 yuan during the banking service hours supported on the same day, it can be received within two hours (T+0).
If it is more than 50,000 yuan, it will be transferred out by default. General transfer-out rules are: if the transfer-out time is before 15 on the working day, it will arrive at the account before 24: 00 on the next working day (t+1), and the transfer-out application will be filed after 15 on the same day.
Arrive at the account before 24: 00 on the next two working days (t+2). If it is transferred out on a non-working day, it will arrive before 24 o'clock in the next two working days. At the same time, the new regulations limit the number of daily transfers, of which the maximum number of daily transfers to bank cards is three.
There is no limit to the number of times the balance is transferred to Alipay account. The new regulations also stipulate that the balance transferred to Alipay account and the consumption limit of Yu 'ebao are 50,000 yuan per day and 200,000 yuan per month respectively.
In addition, CITIC, China Everbright, Ping An and China Merchants Bank will still receive the accounts in real time, and the transfer limit will be subject to the signing of the bank. At the beginning of this month, WeChat Wealth Management also implemented new redemption rules, which are divided into quick redemption and ordinary redemption, of which quick redemption can be realized on the same day.
That is, T+0, but you can't enjoy the income of the day; Ordinary redemption is T+ 1, which is the next working day, but you can enjoy the income of 1 day.
For Licaitong and Balance Bao, the redemption rules have been changed one after another. The original unified T+0 has been changed to T+0 and T+ 1 even T+2. It is pointed out that the main reason is that "babies" need to advance a lot of money to provide T+0 redemption after they have a large scale of funds.
In this regard, Tian Hong Fund responded that the way for Yu 'ebao to realize T+0 is completely different from that of traditional money funds, similar to the way for on-site money funds to realize T+0.
It is Tian Hong Fund that realizes T+0 by optimizing the fund settlement process with Alipay, and there is no need to allocate funds. Alipay said that the new exchange rules are mainly optimized and adjusted according to the user's usage.
On the original basis, the ordinary transfer-out function has been added to the 50,000 yuan redemption account. Judging from the previous data, the transfer-out ratio of more than 50,000 yuan is very small, and this adjustment will not affect users and Yu 'ebao.
Baidu encyclopedia-Yu' ebao
People's Daily Online-Starting from today, the large transfer of Yu 'ebao will be delayed. Tian Hong indicated that it did not need to pay in advance.