can somebody explain more details in investment plan rather than the usage...
i have confused lots bout it???
how the company make money exactly??
can foresee the future brightly this business??

TS should scan his certificate of joining the company, and a proof of the income if he wants to convince us that this is indeed working.

Mobile Wallet Billboard

Sungai Besi Toll


Jalan Tun Razak


Pudu Raya Kuala Lumpur


Elite Highway


Juru Toll Penang (From Penang)


Juru Toll Penang (From Kuala Lumpur)


Penang

This post has been edited by happy4ever86: Feb 20 2008, 07:12 PM

happy4ever86, you're still not getting it is it?
No one is disputing the legibility of MW as a service provider.

The main contention here is the investment portion that you mentioned.

Something like e-Cosway tied up with Alliance.

About the SPCC rebate programme, I have explain in few pages before how does it works, how does the money come, how much is the rebate within a certian period times with different SPCC rebate programme.

And about the legal issue, we have get out SuruhanJaya Syarikat Malaysia license to running business. (Company Number : 665201-U)
Also with AJL license that authorise company to collect money from public for running MLM business. (No. License : AJL 931568)

As about why does the package didn't show up in mobile wallet website, I have answer before :
It is hardly to explain in website, so company didnt publish at website.
If it just publish like that and without well explanation, more people think this is money games.
So, the website show information about company roughly.
And about the SPCC package (rebate plan), it need our explain.
Because concept of rebate plan still very fresh in MLM market, it's really hard to explain though internet or website.
Alot of people even through human explanation also not clear.

I have get the same answer from MW boss Stanley Wong (Chief Executive Officer/Director) and also Rey Gan Siong Thau (Chief Technology Officer/Director). Their main purpose not to show up the SPCC package is for avoiding the chance to missleading public because concept of rebate plan is still very new in MLM market.

This was the all that information I get. For any information that you want or clearify, I will try my best communicate with MW staff or senior member get for you. Thanks.

This post has been edited by happy4ever86: Feb 20 2008, 08:18 PM

i m a MW member...may i know what is the relationship between happy4ever86 and vanliren?

your guys keep spamming up this thread but the original poster(vanliren) still didnt show himself up...is he scared for something?
i wanna share some of my experience here...

To Moderator:No any action taken on this post since the original poster didnt show up himself?

No relationship between me and vanliren.

Spamming? Where got, we just discussing about MW only werr....

Share some of your experience about Mobile Wallet, I willing listen too...

if no relation then stop posting in this thread lo...
since the poster himself not sincere and caring on his post...
there is no meaning we keep discuss here unless the poster show himself up...
correct or not moderator?

so now we can see that got many banner and advertising here and there on highway..so it is not an internet scam...

but i thnk it is the another creative marketing concept that is highly promoted in malaysia!!! it is depend whether become popular in one day, if have momentum of crowd to grow then this business sure can go...

No doubt about the legitimility of MW, just the rebate programmes does sound some suspectiblity especially company didn't publish it in their website or black and white documentation. The non-publish of it only raise more confusion and suspectibility of it, rather than reduce it.

So hard to understand until don't want to publish it? This is hardly a good explaination ancd convincing. Even people might not understand, one still needs to publish it, (people out there all are dumb, only company can understand it?) Sorry no offence. Just want to make clear and true story of it only as we have no doubt about the MW, just want to make clear the rebate programme especially it involves big money at stake. (44K)

This post has been edited by cherroy: Feb 21 2008, 02:45 PM

It's legitimate no doubt.
Think of it as credit card or even better....debit card. Just that it uses hand phone.
Service provider yes....but confusion arises in the RM44k investment and the distribution of MLM incense as claimed by happy dude here.

So is it a service provider or an investment company?!

The true story is, company doesn't not want to missleading public about the SPCC package, so rather than reduce it, company choose not to publish it. Even some of people not understand after the explanation. There is alot, the exclude the monthly rebate, we have another 12 type bonus. Some of the bonus is hardly explain through website.

So why not you go to company and listen to marketing executive explain the whole SPCC package (13K, 22k, 44k) to you? Then after you listen it, you found that should publish at website, then I got nothing to say. If not, you just because of the website doesn't publish the SPCC package, it's not fair to company, even company have all those legal document to running this.

Yes, maybe to you credit card or debit card is better for you.
How about those people that doesn't afford to having credit card? Maybe their monthly salary not enough to apply credit card and other reason so on.
But if they still wanna use the service, they can just apply a free membership for MW, using the service to pay their bill.
I agree that those service, credit card is even more better, but Mobile Wallet just start few years only. And it's new trend, sure need some times to get accept by public.

Mobile Wallet is a service provider company that using MLM solution and not investment company.
Yes, maybe you will doubt that : "I put in 44K, monthly get back almost 5k, if not investment company, what the?"
Does any investment company will give you product point(PP point) to exchange or redeem items?
That way I said, rebate programme package is still new and fresh in market, alot of people still cannot accept this concept or missunderstand about this concept.
We are selling package, every month we rebate you the money, is hope you can use the money to pay bill through our service. Or even if you doesn't want to pay bill through our service, we will charge you 2% of withdrawal money to cash. These are the way that company earning money. So the money is keep rotate.

Have you listen about Red Island Cafe that held at Pandah Indah?
That is a restaurant that running similiar MLM solution, every month get RM300 rebate and a RM100 cash voucher.
So it's restaurant or investment?
Now there is alot of business that running with MLM, just some of people doens't realise only.
The rebate programme, now starting become more and more in market, IPC, Red Island Cafe, Sunshine Empire etc.

We have no problem on legitimate MLM or whatever new business ideas. Again just want to make clear on it. Seems like questions (on the rebate programme) never been answered after all except one wants to approach face to face to the company. So we have no information here on it.

Sunshine Empire?

The business ideas im just refer to b00n post.
The rebate programme concept I had post before, just you want to clearify why the programme doesn't post at website, izzit?
Same answer, avoiding to missleading public about this concept.

I know Sunshine Empire situation just to make example about the concept only

I understand the rebate program well. Thus I quoted E-Cosway which is more similar to what it is here.
The problem now again is the RM44k. Who in the sane mind wants to put in RM44k which can only be used via your mobile phone to pay stuffs.
Again, how would the company pay such a high amount back.

Btw, it's not known as MLM unless you have an upline or downline i.e. a group. Than it's understandable that upline would recieve certain percentage of his/her downline's earnings. That's basically how E-Cosway operates too.

Company return back ur rebate through 3 ways :
1st : SPCC pacakge, every month take out 30% profit from here.
2nd : Bill payment (Maxis, Digi, Celcom, TM, TMNET, TNB, ASTRO, Indah Water etc.). Those company have to pay 1.5% - 3.0% from bill payment to MW. Then company take out 30% profit from bill payment to rebate us.
3rd : Merchant partner (http://www.mobilewallet2u.com/v1/services/11/). Those company have to pay 1.5% from every each of their bill. Then company take out 30% profit from bill payment to rebate us.

Yes, we have upline and downline, even group also have. Those profit sharing bonus or group sharing bonus we also have, but it's kinda alot to explain at here, we have total of 13 type bonus.

This company work like EM-Pay, the one i joined before, from the outside it's look great and legitimate, even local TV station news and Star paper print the whole page with minister opening their discount card, teamed up with those big hypermaket, hotel, etc just to make it looks good. But under the hood, they also run this money game where the more money u buy or "invest", the greater the return...but in the end, it does not give u any money and lots of pp money stuck there.

I don think this SPCC pakcge is hard to explain in the website, and if it's so attractive it should put in their website instead to attract more pp to buy the so call "Rebate Programme".

U might earn money in the short term if u lucky, but same as other forumers..i smell something fishy here also based on common sense...

yes..i agree with u also...initially the company propose up the plan and approved by the BNM on the M-Wallet project. The company may use this approval and draws up another strategy plan to run this pyramid sheme....

Are you pointing that the EM-Pay that related with IPC Shopping? Since you talking about discount card, and teamed up with those big hypermarket, hotel and etc.
This two company is listed in SC (Securities Commission) Investor Alert :
http://www.sc.com.my/eng/html/licensing/in...ert_list.html#e - Empay
http://www.sc.com.my/eng/html/licensing/in...ert_list.html#i - IPC Shopping Services Sdn Bhd/Empay (www.ipcshopping.com)

Yes, this company even have some of the award achievement like :
Asia Pacific Entrepreneur Excellence Award 2006
Award Business Superbrands Malaysia 2006
Asia Pacific International Honesty Enterprise
But this all also is 2 years ago, in this 2 years, I don't see their new achievement.

And also IPC and Empay didn't have AJL license that for running direct sales or multi level marketing business. Try check with KPDNHEP website :
http://www.kpdnhep.gov.my/index?cpath=65_8...an_Langsung_sah

Where does IPC and Empay make money? Here my story :
Last 2 years the person that prospect me, he tell me company is making money from internet buy and sell business platform (www.imal2u.com), like those ebay. Okay, then I go office check with marketing executive, they tell me this is the only way company make money, then I ask he to calculate their profit, he keep changing topic to avoiding this question. I don't think they is making alot of profit from the internet business platform, even is worldwide, their product is not attractive at all.
Never mind, then I request for AJL license cert or AJL license number, also didn't have. He just keep saying if they didn't have license, how to open shop and running business. Yes, they have SSM for running business, but didn't have AJL license for running MLM or direct sales business. So I stop here, and didn't join it.

So don't compare this with Mobile Wallet, it's totally different. Mobile Wallet have all those legally document for running business, but where are those for IPC or Empay? Even boss is who also don't know, at least I can see Mobile Wallet boss is doing their work, saw them quite few times at office, and also willing to listen member opinion or complaint.

If you all realise, there is alot of rebate programme that doesn't state in website, even IPC, Red Island Cafe, SE, AK United and etc.
SPCC package maybe some of the people is easily understand, but maybe some of them is not.

This post has been edited by happy4ever86: Feb 22 2008, 10:02 AM