Is Telecom Wing Payment a pyramid scheme?

Telecom Wing Payment is not a pyramid scheme.

MLM means that the organizer develops people by calculating and paying rewards to the people being developed based on the number of people or performance they have directly or indirectly developed, or by requiring the people being developed to pay a certain fee. It is an illegal act to obtain wealth through joining qualifications and other means. The essence of MLM is a "Ponzi scheme", that is, using the money of those who come after you to distribute the profits of those who came before you.

Telecom Wing Payment is China Telecom’s mobile payment product. After users open a China Telecom Wing Payment account and store value, they can use the account at China Telecom Alliance merchants and cooperative merchants through the website, SMS, and voice. Remote payment can be made through other methods. After applying for a Yi payment card (RFID-UIM card), you can also make on-site payment by swiping a POS machine with your mobile phone.

Telecom Wing Payment does not meet the definition of a pyramid scheme, so it can be determined that it is not a pyramid scheme.

Extended information:

Telecom Wing Payment Processing——

Telecom mobile phone number can bring a valid ID and mobile phone, and you can go to the local area to handle the business of Wing Payment account To open an account in the office, please contact No. 10000 for the address of the business office.

You can activate Wing Pay by sending the text message KTYZF to 11888 on mainland China Telecom mobile phones.

Introduction to Telecom Wing Payment Products:

1. Tianyi Loan: Tianyi Loan business can provide financing solutions based on big data for small and medium-sized enterprises upstream and downstream of the communications industry chain, helping customers solve their problems. Help customers develop faster and better by solving the capital shortage problem faced during business development. Yipay has promoted Tianyi loan business to telecom terminal sellers across the country.

2. Payment Easy: Easy Payment is a convenient software product launched by Yipay for social merchants, especially small and micro merchants, which integrates various livelihood applications. Merchants can use a computer or a By using their mobile phones, they can provide customers with one-stop convenient services such as water, electricity and coal payment, communication payment, traffic fine payment, phone bill recharge, 3G traffic card and game card purchase.