The so-called service upgrade of Yu'E Bao is the access to two new currency funds. If users now upgrade the Yu'E Bao service, they can enjoy the service of temporarily unlimited time limit when purchasing funds.

After the upgrade, users can enjoy a higher payment limit when using their balance to pay.

After the payment service is successfully upgraded, payment using Alipay account balance will no longer be subject to the limit of the payment method.

Extended information: Yu'E Bao is connected to Yu'E Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time.

In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers, bill payments and other consumer payments. It is a cash management tool in the mobile Internet era.

As of September 2020, Yu'ebao is still the largest monetary fund in China.