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There is no ownership or company information available on the Paymoney website.

Paymoney gives information about Paymoney Digital LTD’s UK incorporation in an effort to seem reputable.

An MLM firm that is based in the UK or that makes that claim should raise red flags.

The UK offers incredibly inexpensive and essentially unrestricted incorporation. Additionally, the FCA, the UK’s leading financial regulator, does not actively combat securities fraud associated with MLM.

As a result, scammers seeking to establish, run and publicize fictitious businesses frequently choose the UK as their preferred country.

Incorporation in the UK or registration with the FCA has no significance for MLM due diligence.

At the time of publishing, Alexa lists Thailand as the sole significant country for website traffic to Paymoney (57 percent ).

The current domain name for Paymoney’s website (“paymoney. digital”) was privately registered in July 2021., which is said to have been bought in November 2021, was used to begin the business. It’s unclear why Paymoney’s. IO domain was dropped.

There is a dedicated YouTube channel for Paymoney. However, the company’s promotional movies are just voiceovers over stock material.

Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.

Products from Paymoney

Paymoney does not offer any resaleable goods or services.

The only thing affiliates may promote is the Paymoney affiliate membership itself.

The Compensation Plan for Paymoney

Investing in bitcoin or litecoin through Paymoney affiliates, who deliver the profits they advertise:

$150 invested will yield $37 per month, $300 invested will yield $75 per month, $500 invested will yield $125 per month, $1000 invested will yield $250 per month, $2500 invested will yield $625 per month, and $5000 invested will yield $1250 per month.

Spend $10,000 and get $2500 per month Spend $20,000 and earn $5000 every month Spend $50,000 and earn $10,000 per month

If you invest $100,000, you’ll get $20 every month; if you invest $200,000, you’ll get $40 per month.

Be aware that the Paymoney backoffice offers investment possibilities of $250,000, $500,000, and $1,000,000. These are different from the compensation documents provided by the firm (quoted above).

Returns are paid via Paymoney every day, Monday through Saturday. The maximum investment level for each tier is 200 percent.

Reinvestment at the same or a higher tier is necessary to continue earning once 200 percent has been received.

Be aware that Paymoney only permits withdrawal requests on Fridays and assesses a 10 percent withdrawal fee.

Paymoney’s MLM division compensates for the acquisition of affiliate investors.

You should be aware that Paymoney caps daily earnable commissions at the investment level an affiliate has chosen.

For instance, Paymoney affiliates who invest at the $2500 tier are only eligible to get MLM commissions of up to $2500 every day.

Advisory Commissions

15% of bitcoin investments made by affiliates who were individually recruited by Paymoney go to the affiliates.

Recurring Commissions

Paymoney uses a binary compensation mechanism to pay residual commissions.

An affiliate is positioned at the head of a binary team that is divided into two sides (left and right) by a binary remuneration structure:

The binary team’s initial level has two slots. These initial two places are divided into another two positions each to create the second level of the binary team (4 positions).

The binary team is formed in stages, with each stage containing twice as many slots as the preceding stage.

Direct and indirect affiliate recruiting is used to fill positions on the binary team. The depth to which a binary team can expand is unbounded.

Paymoney totals the new investment volume on both sides of the binary team after the day.

Affiliates receive 10% of the bitcoin bet on the side of their inferior binary team.

Volume is matched against the stronger binary team side and flushed after being paid out.

Recruitment Bonuses Bonus 1: A Paymoney associate receives a “deluxe bag” or $3500 if they bring in six affiliates with a $5000 investment tier.

Bonus 2: A Paymoney associate will earn a Rolex watch or $8000 if they refer ten $10,000 investment tier affiliates.

Bonus 3: A BMW or $30,000 is awarded to a Paymoney affiliate who has four personally recruited members who meet the requirements for Bonus 2.

Bonus 4: A Mercedes Benz or $55,000 is awarded to a Paymoney affiliate who has two personal recruits who meet the requirements for Bonus 3.

It costs nothing to become a Paymoney Paymoney associate member.

Investments in bitcoin or litecoin totaling at least $150 are required to fully participate in the linked income opportunity.

Paymoney’s Verdict

Paymoney claims to collect outside revenue via a variety of tricks:

There is no proof that Paymoney generates outside revenue in any way, including the ones mentioned.

Furthermore, Paymoney is not registered with financial regulators in any country, despite the fact that it is presenting a passive investment option.

This indicates that Paymoney is, at the very least, engaging in securities fraud.

Currently, fresh investments are the only verified source of income entering Paymoney.

Paymoney is a Ponzi scam since it pays rewards via new investments.

As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.

As a result, Paymoney will eventually fail from a lack of ROI income.

Be on the lookout for Paymoney’s last-ditch attempt to rob you using useless NFTs.

The mathematics behind Ponzi schemes ensures that when they fail, the majority of investors lose money.

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