What is the use of Yu 'ebao and what are its advantages?

Yu 'ebao is a fund payment and information display service launched by Alipay for users. Transferring funds to Yu 'ebao means buying corresponding financial products from fund companies and other institutions. Yu 'ebao is a Tian Hong Yu 'ebao money market fund provided by Tian Hong Fund (fund code: 000 198). Monetary funds are mainly used to invest in securities such as government bonds and bank deposits. When investors buy money market funds, it does not mean that they will deposit the funds in banks or deposit-taking financial institutions as deposits, and fund companies do not guarantee a certain profit or minimum income;

The funds transferred to Yu 'ebao can not only earn income, but also be paid at any time, which is very flexible and convenient. Let you make money and let you spend money.