What is DollarMonster?

Posted by Anne L.
1265 Pageviews


                    Visit Website

Our Rating : Excellent

DollarMonster uses only AlertPay as its payment processor. Click to open a FREE AlertPay Account.
 


What is DollarMonster?
How does it work?
Which payment processors do you use? 
How do I get started? 
How much can I invest?
How do I receive Payments?
How often do you make payments? 
Can I refer family members?
How long will your program last?
Do you give refunds?
Can I use my Credit or Debit Card?
Is there a strategy with DollarMonster?
What does the STATUS of my investment mean?
How do I withdraw funds from my DollarMonster account?
When will my spend mature?
Does DollarMonster invest into the Investment Pool?
Does DollarMonster charge any fees?
How do I make a spend double?
Why do I have to add funds in order to open an account?


What is DollarMonster?
DollarMonster is a simple straight-line matrix which is simply a one level payment system. 

How does it work?
The way the system works is simple. DollarMonster is a simple straight-line matrix which is simply a one level payment system. Whenever you invest, your funds are added to the Investment Pool. The Investment Pool goes to pay off the person next in line to be paid - giving them a return of 200%, and you are then put at the end of the line. Each time more investments come in, more people get paid and the line moves forward. 

If investors do not invest, then the line doesn't move.
If investors do invest, then the line does move.

In order for you to be successful, your fellow investors must invest. Everyone must work together as a team if everyone wants to be successful.

However, the amounts given above are just an example. You can invest anything between $6.00 - $10,000.00 

Which payment processors do you use? 
We use AlertPay only. To open an AlertPay account click here.

How do I get started? 
First open an AlertPay account - its FREE! Once your AlertPay account is opened, you'll want to make an investment using the MAKE INVESTMENT panel found under the JOIN link. Once your investment is confirmed it will be added to the bottom of the Next To Be Paid List. Within a short time, your investment will mature and your funds will be sent to your AlertPay account you made your spend from.

How much can I invest?
You can invest as little as $6.00 USD or as much as $10,000.00 USD. However, you can have as many investments going at one time as you wish. There is no maximum balance cap for your current investments.

How do I receive Payments? 
Payments are made directly to your AlertPay account you made your original spend from. We pay our investors automatically. You don't have to make requests to receive payments. If you change your email in your AlertPay Account we will still make payments to the account you made your original spend from. If this causes you problems, you need to contact us urgently!

How often do you make payments? 
Payments are made 24 hours a day, 7 days a week - instantly and automatically. 

Can I refer family members? 
Yes of course, anyone can join this program as long as they use different Username, Email, and AlertPay ID details. 

How long will your program last?
When you invest $6.00, your payment is entered into our system, when someone else makes a spend, you'll receive $12.00 back on your investment. Since we don't promise to pay you 200-300% a day, this site won't disappear overnight like 95% of other sites. As long as investments are made after you make yours, you are GUARANTEED to cycle.

Do you give refunds?
Yes we give refunds. Your transaction must be under 14 days old to get a refund. Unfortunately, AlertPay does not allow refunds on transactions over 14 days old. If you wish to get a refund, you must request it BEFORE it is 14 days old.

Can I use my Credit or Debit Card?
Yes. Just log into your account and use the MAKE A SPEND FORM to purchase a position. Confirm your payment after, and on the payment page for AlertPay you'll enter your card information. 

Is there a strategy with DollarMonster?
The easiest strategy to use is to make regular investments every so often. This way you will have a steady income from your investments. Like many other investors, as you gain experience with DollarMonster you will start your own strategy and method that best suits you.

Another strategy is to invest any amount between $6.00 and $10,000.00, and keep investing that same amount about 10-15 times. Wait for these investments to cycle and then keep half of your earnings and reinvest the other half. For example: If you originally invested $10.00, you earned $20.00. So reinvest $10.00 and keep the other $10.00.

What does the STATUS of my investment mean?
There are only two different status'. IN CYCLE and DOUBLED. IN CYCLE means your investment is currently in line to be paid. DOUBLED means your investment has cycled and you have been paid to your AlertPay account. As long as your investment is IN CYCLE, you can issue a refund for that particular investment. However you cannot issue a refund on an investment that has already cycled.

How do I withdraw funds from my DollarMonster account?
We do not offer withdraw services. When your investment cycles, your funds are sent instantly and automatically to your AlertPay account, and if you decide to refund an investment, it will be sent instantly back to your AlertPay account, so there is no need to have a withdraw option.

When will my spend mature?
When you make an investment, a date will be given to you in your Transaction Details for when that particular spend will cycle.

Does DollarMonster invest into the Investment Pool?
Yes. DollarMonster invests its own profits into the program in order to keep the fund/system going.

Does DollarMonster charge any fees?
Yes. In order to better compete for your business, DollarMonster provides the lowest fees in the High Yield Investments Industry. Below is a list of our fees: 

AlertPay: 2.5% + $0.25 per transaction 

DollarMonster: $1.99 per transaction 

Total fee for an investment: 2.5% + $2.24 per transaction

How do I make a spend double?
Simple. Look at the top slot on the Next To Be Paid list. Multiply the amount listed in the top slot on the list, by 2. (Or you can refer to the amount listed on the Next To Be Paid List. The amount there will tell you how much needs to be invested to cycle the top person off the list) You can invest this amount if choose, and it will be enough to cycle the person at the top off the list. Then the entire list will move up.

Why do I have to add funds in order to open an account?
In order to open an account at a bank or investment firm, you must have money ready to deposit into it in order to "open" your account. Its exactly the same with DollarMonster. 


AlertPay-How It Works