What is Thepayz.com? Is Thepayz Scam or Legit?
You are on the right page if you are seeking to find out more information about Thepayz.com. This Thepayz review was written for the specific purpose of collecting all the factual information you need to know before engaging in any business with them. This article covers all the general as well as specific details about this website. However, most questions about this website appear to stem from two broad questions. Is Thepayz legit? Or is Thepayz scam? The short answer to this question is that it is a scam website and no one has ever been paid for working for the online company. It is advisable that you keep reading this review if you would like to know how to identify as well as avoid similar sites in the future.
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How does Thepayz.com work? Why it is a scam site?
The best place to start would be from the top. Thepayz.com is an online advertising company. They claim they can actually pay you for sharing the referral links they send you on your social media networks. At first it appears as though the company is legit because there are other legit websites offering similar services. What sets this website apart from the other legit websites, is the ridiculously high offers they offer the public. They claim that once you sign up with them you will be awarded a $5 for free. Yes, they offer to give you money even before you do any work. Once you are a member you will be eligible to earn $10 for every referral job you do. For every link visit you get, you will be awarded $5. This offer is way too good to be true. The standard pay for such kind of work hardly goes beyond $1. This figure has been tested by legit companies offering the same kind of services. In other words, the business model they describe cannot be able sustain such a high payout.
Making the payments actually means that the company will become bankrupt in less than a month. At this point, the next logical question is why give a completely fabricated offer? The reason is that they want to actually attract as many people on their website as possible. The company actually gets paid for the traffic they generate on their website. This means that the company profits from your presence on their website. Other than the work you do, the company also sells advertising space to other parties who are willing to pay. The better the traffic, the better the pay they will get from selling an advertising space.
One of the things you will notice once you log on to their homepage is their open payout policy. They display recent payouts they have made to their members. This is just a clever trick to convince naïve people that they actually make payments to their members. However, when you pay close attention to the numbers you will be able to tell that it is extremely hard if not impossible, for a new company to transact such a high amount of money in such a short time. They claim that they have a minimum payout level of $300. This is where most naïve people get to notice that they have been scammed. Payout requests are never processed. You might be tempted to contact their customer care once you notice that your request has been pending for a long time. Contacting them is just another big mistake on your part. Such companies have been known to tell their members that the only way to expedite the payout request is to pay for an account upgrade. It may be a cheap attempt to squeeze everything from you, but it is surprising how well the ruse works because many people fall victim to such scams.
The information you give them is also not secure. Information such as your email address and PayPal account will be sold off to third parties. People who buy such information use it to carry out online hacks on your financial accounts and wide scale phishing attacks on your email account. You become exposed, especially if you depend on your online financial accounts on a day to day basis. This is not a good place for anyone to be in, not even for your worst enemy. The only thing left to do is to keep off this website as well as advising those close to you to do the same.
As we earlier mentioned that Thepayz is a scam site so you should stay away from it. We also added Thepayz into our scam list. To see our list of scam sites you can click this link
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If you have been scammed by Thepayz or have any question about Thepayz then please feel free to leave your comment below. We are happy to help you.