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Can the proceeds in Alipay's small wallet be exchanged for other products?
I can't. According to the inquiry of Alipay official website, the income in the small wallet is usually deposited in the form of Yu 'ebao monetary fund, which can be withdrawn at any time or transferred to the balance of Alipay account freely. However, the income in the small purse cannot be directly exchanged for other products. Alipay Small Wallet is a wealth management product under Alipay. Users can purchase idle funds from money funds such as Yu 'ebao for wealth management and enjoy the benefits.