What is Yue Bao and what is Yu Yu Bao

Tianfu and Cooperation.

Yue Bao is a balance value-added service and current fund management service product of Ant Financial, which was launched in June 2013. Tianhong is the manager of Yue Bao.

Yu'e Bao is connected to Tianhong**'s Yu'e Bao currency**, which is characterized by easy operation, low threshold, zero handling fee, and can be used at any time. In addition to the financial management function, Yu'e Bao can also be directly used for shopping, transfer, payment and repayment, and other consumer payments, which is a cash management tool in the mobile Internet era. At present, Yu'e Bao is still the largest currency in China**.

Alipay Yue Bao - is a function that allows users to earn interest on deposits in June 2013. After opening, Alipay users will deposit their money in Yuebao, which will generate interest similar to that of banks.

Alipay and Tianhong** jointly announced that the number of users of Yu'e Bao has exceeded 1 million as of 9:30 pm on June 18, 2013, which is less than 6 days after Yu'e Bao was launched.

Yu'e Bao is a new balance value-added service created by Alipay, a leading third-party payment platform in China. Alipay is committed to providing "simple, safe and fast" payment solutions for China's e-commerce. Through Yu'e Bao, users can directly purchase financial products such as ** in Alipay** to obtain relatively high expected annualized returns, and the funds in Yu'e Bao can also be used for online shopping, Alipay transfer and other payment functions at any time.

On June 13, 2013, the "Yu Yu Bao" service was quietly launched.

Through "Yue Bao", users can not only get the "expected annualized return on investment" for the funds deposited in Alipay, but also have a higher expected annualized return than the interest on bank demand deposits.

Yu'e Bao is actually the company's direct selling system built into Alipay, in the process of transferring funds to Yu'e Bao, Alipay and the company will complete the process of opening an account and purchasing for users in one stop through the docking of the system, and if the user chooses to use the funds in Yu'e Bao to pay for shopping, it is equivalent to redeeming the currency. The whole process is as simple as topping up Alipay, withdrawing cash, or paying for purchases. The first phase of Yu'e Bao supports Tianhong**'s Zenglibao currency**.

The user transfers funds to Yu'e Bao, in fact, not to transfer money to the Alipay account, but to purchase currency, and the corresponding funds are managed by the company, and the expected annualized return of Yu'e Bao is not "interest", but the expected annualized return of the user's investment in the purchase of currency.

Yu'e Bao is a balance value-added service created by Alipay, a third-party payment platform, for individual users. The scale of Yu'e Bao has exceeded 250 billion yuan, and the number of customers has exceeded 49 million, and Tianhong has become the largest management company in China [1-2] in one fell swoop. Through Yuebao, users can not only get benefits, but also consume, pay and transfer out at any time, which is as convenient as using Alipay balance.

Users can directly purchase financial products such as ** in Alipay**, and the funds in Yuebao can also be used for online shopping, Alipay transfer and other payment functions at any time. The funds transferred to Yu'e Bao will be confirmed by ** company on the second working day, and the confirmed shares will start to calculate the income. The essence is currency**, which is still risky.

On December 27, 2014, the People's Bank of China (PBOC) issued a document to include some deposits that were originally interbank deposits into the scope of deposits. This means that various types of currencies deposited in banks, such as "Yue Bao", are also counted as deposits and need to pay deposit reserves, which leads to a decline in income; However, the reserve requirement ratio for such deposits is currently zero for the time being.

In Alipay, you can increase the interest.

A sub-platform of Alipay, that is, the spare money in Alipay, automatically buys Tianhong**'s wealth management products on this platform, with a higher yield than bank deposits in the same period, and the buying and selling (redemption) is fast and convenient. Try it for 10 yuan.

It is a financial product of Alipay.

An investment, the bank knows, right? The pattern is pretty much the same. But the approach is different.

Yu'e Bao belongs to the currency**, is a cash management tool, the biggest benefit is to maintain liquidity at the same time can bring high returns, is your cash appreciation;

It is a kind of Internet finance, a good way to manage money;

If you want to invest in Jinyi for a long time or choose financial products with higher yields, the current Internet finance has sprung up, and the development is still good, you can pay attention to it.

It is equivalent to a financial product of Alipay, and the interest rate is higher than that of bank demand!