http://www.bnm.gov.my/index.php?ch=103&pg=638
List of Issuers of Credit Cards, Charge Cards, E-money and Remittance Service Providers


http://www.msc.com.my/cs/company/default.asp
Listing of Active MSC Malaysia Status Companies


http://www.kpdnhep.gov.my/index?cpath=65_8...an_Langsung_sah
SENARAI SYARIKAT JUALAN LANGSUNG YANG DILESENKAN BI BAWAH AKTA JUALAN LANGSUNG 1993 -( Mengikut Jenis Pelan Berbilang Tingkat MLM)


Suruhanjaya Syarikat Malaysia (SSM) Mobile Wallet SDN. BHD.
Shareholders/Members



NEWS



This post has been edited by happy4ever86: Dec 30 2007, 05:02 PM

Why? Because of they wanna get the Mobile Wallet monthly rebate program ~
You use RM44k to join member, you get 44K points to redeem items, but every month you still get e-Money rebate that can paying bill.
You use the 40K cash to buy items, once you buy, the next month you get nothing, that's all ~

the 44k points you can redeem Giant cash vouchers or BHP petrol voucher ~
every 6 points equal to RM1 (for Giant cash voucher or BHP petrol voucher), mean that you might get RM7333 product ~
if changing their own MW product like massage chair, evevry 1 point is equal to RM 1 ~
depend which product you redeem ~

This post has been edited by happy4ever86: Dec 30 2007, 05:12 PM

How does company make money? And where is those rebate come from?

Company is using mBill System Service earning money, but how?
After joining this Mobile Wallet, you will get a e-Account, every month you will get rebate from company, depend on which package did you buy.
Once your e-Account have e-Money, you can use those money to pay bill like those Maxis, Digi, Celcom, TMNET, ASTRO, Telekom, Tenaga National, Indah Water, even Summon also can pay by Mobile Wallet.
Mobile Wallet will get 1.5% - 3% profit from those bill payment, but those profit not take from member, is take from company that i listed at above.
It's similar with those credit card company, they earning those 1.5% - 3.0% or even higher while you using their credit card.
So you think MW is earning or not?
Other way company making money is get mobile merchant partner.
Like Nokia, Mont Blanc, Fujitsu etc. MW selling their product using e-Money, MW will get profit from those merchant.
MW still have alot of other way earning money, but it's hard to explain all at here ~

Future, car installment, house installment, credit card payment can be pay by Mobile Wallet!!!

Rebate come from?
Every month of 5th and 20th, company will rebate members with their profit turnover, depend on which package you bought ~
Let said RM 44,000K package, monthly you will get 12% rebate : 5th rebate 1st time 6% + 20th rebate 2nd time 6% : 12%
Now everymonth is getting around RM5000k like that ~

What is the use of getting MSC certificate?
MSC provide Mobile Wallet competitive financial incentives, including Pioneer Status (100 percent tax exemptioin) for up to ten years.
Or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.
1 year, Mobile Wallet can save up to RM33,600,000 because of MSC free tax certificate.

We have our own AJL license to running MLM business, not those money game company ~
MAVCAP is invest at Mobile Wallet 2.5 Million, MAVCAP is a company that belong to our ministry of finance ~
And it's a biggest shareholder at Mobile Wallet, so you don't have to worry about this company is illegal ~

I won't say that this is a risk free ops company, but it's a low risk ops company ~
It's still depend on you how to look at Mobile Wallet, yours money, yours choice ~

This post has been edited by happy4ever86: Dec 30 2007, 05:46 PM

It's really quite fishy if you dunno how the plan or Mobile Wallet working ~
But if you have the time, you can go office that held at Cheras there for a look ~
Or asking the Marketing Manager explain to you ~
Just around Jalan Peel Carrefour there ~

Early birds will safe, ok ~
This company start running at 2004, start MLM business at 2005 and get their AJL and so call MLM license...
Till now 2007 and almost 2008, if like this, it's still safe for you ?

With the RM44K member package, yes, each month can get 12% rebate, that is almost around RM5K per month ~
Believe it or not, depend on you ~
Maximum you can get until RM135K, not for whole life ~

Yes, MAVCAP is belong to MOF, the link is http://www.mavcap.com.my/
Picture is here :


Mobile Wallet website we didn't put so much detail about our rebate programme, we called this program as SPCC.
Where did I get it? Im as a member, sure I direct get it from company.
The company is located at Cheras, Jalan Peel road there ~
Just around Carrefour ~
Try go there have a look, or if you willing let me bring you go, it's not a problem ~

Any question?

MAVCAP is the largest shareholder in Mobile Wallet SDN. BHD. with RM2.5 Million
MAVCAP is belong to Minister of Finance Inc.


The RM44K rebate programme is not state at www.mobilewallet2u.com, because we also didn't provide online register at mobile wallet website.
But there is some of the activities or promotion related with RM44k rebate programme is state at website.

With those AJL license, MSC certificate, Bank Negara, SSM license... I didn't see which part is getting illegal, if you found that, i will clarify with MW company.

That why i said it's hard to explain at forum >"<
The online register is for basic member only, not the rebate programme ~
Online register is just for user that can get use mobile wallet system ~

Rebate programme you should go company listen about it ~
Or if you want the marketing manager telephone number, I can give you, as he will explain till more clear ~

Ok, below is some of the Mobile Wallet slideshow picture, you can try to refer it ~
http://www.colamango.com/mw/gallery.html

For RM44k matter, monthly that the rebate you get, will transfer to your e-money wallet, if you willing to withdraw out, you have to pay processing fees to withdrawal out ...
But if you willing to pay those bill with using e-money wallet, you don't need have to pay extra processing fees...
Mean that if you pay ur telephone bill RM500 with your e-money, it will only deduct RM500 from your e-money wallet ~
If you withdrawl out to pay your rm500 telephone bill, you have to pay more than rm500 ...
Slowly that lots of Mobile Wallet user willing to use e-money to pay bill ...
Our MW member that using e-money to pay bill is increasing ~
And also if you use Maybank or AmBank to top up your e-money, maybe is leceh abit or what...
The resit that the bank give you, you have the chance to lucky draw...
And you using e-money to topup your prepaid mobile, you get the rebate, examples rm50 maxis, you only have to pay less than rm50 ~

That why i said you should go company try to understand yourself ~
CC, what is that? Mind to explain it?

RM44K what you feel that so confusing? RM44K then become RM135K in short period of time, because company take out 30% from their overall profit, and take out 30% profit of those billing with MW, 30% profit from their merchant partner, this is the 3 way how our monthly rebate come from. RM44K you get back until RM135k in 27 month, per month RM5k.
RM135K - RM44k = RM91K in 27 month, mean that per month RM3.3k like that, you dont think it's reasonable?

If Ponzi or Pyramid Scheme, will MW get approve to using e-money?
Will MW get AJL license and will MSC give out certificate to MW?

Mobile Wallet website didn't state that had this kind of rebate programme, but doesn't mean Mobile Wallet company didn't have this kind of rebate programme.

Ok, i dunno this will get prove that Mobile Wallet have running the rebate programme or not, however, this is the promotion annoucement :
http://www.mobilewallet2u.com/en/latest_pr...on_news004.html

Rebate programme also mention as SPCC package ~
RM44k - SP1 package
RM22k - SP2 package
RM13k - SP3 package

Sound fishy about rebate programme, but you didn't try to take out those tradisional business mind thinking, try accepting those new era of business, nowadays every business is using about this kind of plan, profit sharing and get a win win situation on both consumer and merchant.

BNM is just approve the e-Money from Mobile Wallet, nothing to do with those Rebate Programme ~
Mobile Wallet website mainly is for basic user ~
So that why didnt show up at website to confuse consumer ~
If really something wrong that you wanna figure out what's wrong, you can PM me for the marketing manager phone number ~

Yes ~
Our Mobile Wallet is partner with Maxis ~
Mean that we can using Mobile Wallet to pay bill or top up their handphone ~

Investment part? We ain't a investment company ~
We are selling Rebate Programme Package ~

I agree that the more it didn't show up at the website, the more public will confuse about it.
But for those who really interesting to know more about Mobile Wallet, why not get yourself to company to know about it?

You buy the same amount RM44K, you get the same amount of product examples : massage chair, handphone, healthy food product, pen like Mont Blanc, laptop, etc.
Depend on which product do you want, it's this called investment?

Mean that our RM44k is giving out same amount product and monthly rebate for you, easy?
So that's called package

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 ~
Isn't it?

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

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

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...

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.