Is Telecom Wing Payment MLM?

Telecom wing payment is not pyramid scheme, pyramid scheme refers to the illegal behavior of organizers to develop personnel, obtain wealth through the development personnel or require the developed personnel to obtain the qualification to join on the condition of paying a certain fee. Telecom Wing Payment is a business brand of China Telecom. Telecom company is a state-owned super-large communication backbone enterprise and a legal person company.

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Brief introduction of wing payment company

Tianyi Electronic Commerce Co., Ltd. is a third-party payment institution approved by the People's Bank of China and a financial information service provider based on mobile Internet technology. Wing payment is its main product brand.

Tianyi E-Commerce Co., Ltd. was established in March, 20 1 1, with the mission of "science and technology serving people's livelihood, innovation changing life", as a subsidiary of a central enterprise engaged in a new format of payment finance, and an innovative enterprise featuring "finance, telecommunications and Internet". Now it has initially become the embryonic form of a modern financial enterprise with a wide user base, which has attracted the attention of the industry and all walks of life.

Three characteristics of pyramid selling

1, registration fee

Whether it is necessary to subscribe for goods or pay fees to obtain franchise qualifications or develop others' franchise qualifications to seek illegal interests.

Step 2 pull people's heads

Whether it is necessary to develop others to become their own downline, and pay remuneration to the developed personnel according to the number of directly or indirectly rolling development personnel to seek illegal interests.

3. Method of payment

Whether to calculate the remuneration according to the sales performance of direct or indirect development personnel and seek illegal benefits.

Disturbing social and economic order, affecting social stability and unity, resulting in an increase in social criminal cases,

The harm of pyramid selling

Social unrest such as family breakdown and death. The essence of MLM is that it does not create social value by illegally transferring and gathering finance offline, which is the essential difference between MLM and normal marketing. MLM is not an act of the state, nor can it be an act of the state. Although it stimulated the local economy and promoted consumption, its own organizational behavior caused irreparable harm to most participants and violated the normal life and activities of human beings.

Telecom Company official website-Wing Payment

Baidu encyclopedia-wing payment

Baidu encyclopedia -MLM

Baidu Encyclopedia-China Telecom