Yu 'ebao is a flexible financial product, which can access two toilets. Yu 'ebao is an attempt in Alipay's financial management direction, with payment functions such as shopping, paying water, electricity and gas bills, and paying back credit cards. Completed the combination of consumption and financial management;

What are the benefits and risks of Yu 'ebao?

Yu 'ebao is a service launched by Alipay for individual users to pay by balance. Transferring funds to Yu 'ebao means buying corresponding wealth management products from fund companies and other institutions. Yu 'ebao supports the "Yu 'ebao" monetary fund of Tian Hong Fund in the first phase. Monetary funds are mainly used to invest in securities with high security and stable income, such as national debt and bank deposits. In 20 12 years, the 7-day annualized rate of return of domestic monetary funds was around 3.8% on average. Generally speaking, money fund, as a kind of fund product, has the possibility of loss in theory, but from the historical data, the risk of stable income is minimal. Yu' ebao service agreement

The funds transferred to Yu 'ebao are underwritten by Zhongan Insurance, and 100% pays the stolen funds, with no upper limit.