Yu'ebao has many uses:

1. Investment and financial management. Users can deposit money into Yu'ebao, and the income is higher than that of current savings. Moreover, it can be withdrawn at any time, which is safer and more reliable.

2. Consumption payment. Users can use Yu'ebao to pay for goods, enjoy preferential discounts, and are more convenient and faster.

3. Coin purse. Yu'ebao has an independent account, and you can deposit change into Yu'ebao, so that it will not be wasted, and you can also earn income.

4. Transfer and receive payment. Yu'ebao has an exclusive collection number, which can transfer money to Yu'ebao, or transfer money from Yu'ebao to other accounts. In short, Yu'ebao is a safe and convenient financial management tool that can help users manage their finances better.

Yu'ebao is useful for financial management. We put our balance into Yu'ebao, and we will have some small income every day. We can also use Yu'ebao directly as a bank card, which is the payment function

Yu'ebao in Alipay allows users to deposit money and get income, and it is also to promote consumers to use Alipay more. Moreover, the money in Yu'e Bao will be automatically deducted when it is time to pay back Huabei and Jiebei. Yu'e Bao is for you to save money and get some income, so that it is convenient to deduct the monthly Huabei and Jiebei.

Yu'e Bao is easy to operate, has a low threshold, zero handling fees, and can be used at any time. In addition to financial management functions, Yu'e Bao can also be directly used for consumer payments such as shopping, transfers, and payment repayments. It is a cash management tool in the mobile Internet era. At present, Yu'e Bao is still the largest money fund in China.

Yu'e Bao is a money fund. The funds are mainly invested in short-term market instruments such as cash and large-denomination certificates of deposit. Money funds have the characteristics of low risk, low return, high liquidity, and low fees. Money funds, like other funds, implement T+1 transactions. The shares of purchases and sales on the same day need to be determined on the second trading day, but some money funds support redemption T+0 transactions.