Is EgoPay.com a scam?
Is EgoPay.com a scam?
Over the last few days,I am sure that many of you have seen emails about the so-called banning of MlM and other internet marketing sites by The Payza company.
What struck me when I read the first of these is that while the email claimed that everyone must transfer all funds from Payza to this new site called Egopay immediately or risk losing them. As a Payza business account holder and website owner, I had not heard one word from Payza regarding any changes to my sites ability to accept payments.
Naturally, I went to the Payza Blog to see what was really going on.
What I found was that Payza has updated the user agreement to ban certain types of websites, most of them illegal, from using their service.
NOT ONE WORD REGARDING MLM OR IM sites!!!
Also,There is no information about Egopay anywhere on the Payza blog. I have been reading emails from egopay affiliates saying things like You will lose all my Payza funds on July 20 if You do not switch to Egopay.
Payza and Egopay are working together. Egopay was started by Payza.
EgoPay is the new processor that you must join in order to continue using and receiving your Payza funds:
NONE OF THIS IS TRUE!!!
Payza has already notified all site owners that will be affected by this change and that is it. If the sites you are a member of are still using Payza than you will not be affected.
All I can say about all this is that after careful scrutiny of the Egopay website and it's policies, etc., I seen no reason to join or use them and frankly,after seeing all of the mis-spellings on the site ,the lack of merchants using the service and the fact that they are headquartered in BELIZE and could close TOMORROW with no fear of prosecution , This may just be the biggest internet scam I have ever seen.
Whenever this many lies are being used to recruit new members,I see red flags.
I for one will be watching to see what happens.
Do your homework on this one,folks.
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Comments (12)
Carl Harding3
Marketeer
Thank you for this article. I just joined a business that only accepts Payza and Egopay. I've always preferred business opportunities that accept Paypal because Paypal are quite strict about who they take on board, plus I have been able to organise refunds through Paypal when a company doesn't produce what it promises in its sales pitch. I was thinking of joining Egopay and noticed a spelling mistake on the home page, a big no-no for me. As for Payza, they can't allow me to add or remove funds d
Oswald Rodrigues11
writemaster.gumroad.com
There's another payment processor/ecurrency service that looks promising - OKpay. Has many good features and accepts various payment types including Bitcoin. Also offers a debit card.
Egopay Support1
Customer service
EgoPay priority is security of EgoPay accounts and customer`s money. EgoPay offers you the ability to exchange, send and receive funds fast and secure in your e-wallet account online. Please keep in mind, EgoPay is in NO WAY owned, managed or linked to Payza in any way. EgoPay is offering to deposit and withdraw to Payza for the convenience of EgoPay customers, as EgoPay is now handling most of the clients Payza can no longer do business with, but EgoPay and Payza are 2 separate entities with th
Aurang Zeb Awan15
Content Writer
Thanks Indeed for very good feedback, I always prefer to ready and research about programs before joining although I am also human and error's are part of our life but we have to do little research to avoid any scam and you all know internet is full of scams these days.
IAM S.9
Freelancer
nock..knock, today EP under maintenance mode..!
EgoPay will be back soon
"We are working hard on enhancements to better our site for your convenience.
We will return as soon as everything is in place...
........bla..vla..bla.."
Yellow alert..! ^p^
Kurniawan A.7
Domain and WebHosting Services
Still listening guys...hope it revealed.
IAM S.9
Freelancer
Nice one, Aurang...I agree with your line of thought, since I don't this rumor since the first day I heard it...I even think its name is so "weird"..:) It is true that there is no allegation showing relation of egoPay as an effect of Payza policy update, none of their clause.! So I think it is a misleading information, ....and will it end as scam..? Don't have any clue at the moment, but It is good the stay alert..
Thank You for sharing, Aurang...excellent article as usual..:)
Oswald Rodrigues11
writemaster.gumroad.com
Suspicious indeed! Payza is based in Canada, so if Egopay was/is indeed affiliated with Payza, why operate from Belize? And, as you pointed out, no notification was sent by Payza about Egopay.
Paula van Dun16
Retired
Thanks for this article. I had not researched this issue myself yet but I thought there was something fishy going on reading these mails you are referring to. I am in Payza myself and did not have any issues sending or receiving money. So I did see no reason for signing up or transferring funds.
Aurang Zeb Awan15
Content Writer
I am trying to help my friends to stay safe, so I thought it would be best way to share my thoughts with all of you before its too late
Franto Hruz16
Online Income Systems Development
You are 100% correct to warn every one who is willing to take note of it ... I have no use for them myself!
Lemont Wells7
Web Desinger & Affiliate Marketer
Very good article I been seeing a lot of it also, I been reviewing that site egopay as well I didn't not understand why if Payza wanted people to transfer there accounts to Ego Pay.com they should have sent out a email I never got one. And yes I did notice there where no merchants using Egopay that is a top Red Flag issue