I think what you said creating an enterprise value is one of the reason only but ewallet was not mainly to create enterprise value purposes.
There are multiple ways to attract investment and not solely rely on ewallet.

E-wallets can't just provide financial services eg micro-loan, insurance and unit trust as easy as you said without going through all the finance requirement whether it's sustainable capital for a company.So which ewallet type is shope pay using ? closed, semi-closed and open ?

About Ali pay is a bit far ahead about the question i asked over here but if you relate to it , i also want to raise a question , how many of business SME or GLC can confirm setting up an ewallet can attract new investment.If those company can confirm 99% ewallet is the future , every business will surely adapt it like tread.

Back to my question , if what you mention is all true , does it shows that shope pay actually use our ewallet money to earn more money ? The way is different but the concept is the same.
Maybe someone expert in business can confirm it , i think you are an well known in business section too.As i know shope have 4m user , If there is half 2m user keep rm500 into their ewallet = 1billion in ewallet.How do they manage the $ ? just left it there ?
Even bank will use our money to flow on investment.Same concept where ewallet is to convince investor where they have this and that amount of user and good potfolio report.

Summary , some emoney companies earn a small amount of interest when user topup the money which lying in the wallets.If it's a large company emoney will have an agreement between the bank and even manage by the bank.If it's manage by the bank surely ewallet fund will use for investment.
Most of us may not read pages or pages t&c in details on how emoney issuer handle our funds.I do not have the t&c on current shope pay , maybe some internal shope investor who have read the whole t&c agreement can explain a bit.Different emoney issuer have different agreement.

Same CC will trigger
but your different CC details with same name ? as your other account ?
Same wifi may not have the problem where I see a lot of user using tm hotspot to go online for free and surely all are in a same wifi.
but
Your same sibling account and parents using same CC for payment ? what about address ?

probably the trigger of combination same of
Name
Address
CC number
shope pay (your IC)
Phone IMEI
IP address

Trigger by purchase
-Multiple Voucher usages vs Same Address
-Multiple Voucher usages vs Same Address and same timing
-same Item with same address purchase at the same time length (30 minutes)
-Login on at sales time with same purchase or same address
Many more

So you can deduct how the banned works , more input more precise.
If register 10 account with same address but never purchase may not banned but if register 10 with refer coins account with same address with purchase maybe banned.

This is always knew where they check for your Phone ID or Phone number but if you login and never purchase will not get ban.
There are 2 types if i remember , same phone with dual sims card 2 imei with dual profile and dual MAC address.Will it get ban i don't know since we need someone experience.

1. If the reason of same CC but different shope pay IC because your sibling is under 18 can it be ban ? You help him/her buy something
2. Some phone having dual sim/imei dual profile https://www.gadgetsnow.com/how-to/how-to-us...ow/66089005.cms .Is same phone different phone number/address register will get ban ? then all the owner and install shope change phone and all the owner of 2nd phone buyer who bought from 1st owner that install shope all banned too ??

What is your different type of combination ?
If its the system ,they have a set of possibility.I am not expert in programming if =/= or = then etc will trigger the ban.Maybe some expert chinese forum on tabaoo can explain a bit more.

So 1 person input confirm
Same address and same CC over 3 person = ban .Call to reinstated
but are all of your family using shope pay for voucher ?

If no card how you going to buy ? Online banking ?
Common but shope can't do it for no reason since i have friends just change phone & uninstall shope and pass previous phone to his sister then she install shope to buy her stuff.Nothing happen.