IsPay fails to provide ownership ore executive information on its website.

IsPay’s website domain (“ispay.com”), was privately registered on June 9th, 2025.

If we look at the source-code of IsPay’s website, we find Chinese:

This ties into marketing material citing Wu Xiaorong as IsPay’s Chairman:

Wu doesn’t appear to exist outside of IsPay’s own marketing. Her IsPay corporate bio appears to be fictional.

Such to extent Wu makes an appearance at staged IsPay marketing events, she’s likely a puppet CEO who the actual Chinese scammers running IsPay hide behind.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

IsPay’s Products

IsPay has no retailable products or services.

Promoters are unable to market IsPay promoter membership itself.

IsPay’s Compensation Plan

IsPay promoters invest tether (USDT). This is done on the promise of advertised passive returns:

  • One – invest 100 USDT and receive 0.6% a day for 417 days
  • Two – invest 300 USDT and receive 0.65% a day for 385 days
  • Three – invest 500 USDT and receive 0.7% a day for 357 days
  • Four – invest 1000 USDT and receive 0.75% a day for 333 days
  • Five – invest 5000 USDT and receive 0.8% a day for 313 days
  • Six – invest 10,000 USDT and receive 0.85% a day for 294 days
  • Seven – invest 15,000 USDT and receive 0.9% a day for 278 days
  • Eight – invest 30,000 USDT and receive 1% a day for 250 days
  • Nine – invest 50,000 USDT and receive 1.1% a day for 227 days

Note IsPay pays returns split between USDT and their own ISPAY token.

The MLM side of IsPay pays on recruitment of promoter investors.

Note IsPay splits MLM commissions 80% in USDT and 20% in ISPAY token.

IsPay Promoter Ranks

There are ten promoter ranks within IsPay’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. V1 – generate 10,000 USDT in downline investment
  2. V2 – generate 50,000 USDT in downline investment
  3. V3 – generate 150,000 USDT in downline investment
  4. V4 – generate 500,000 USDT in downline investment
  5. V5 – generate 1,500,000 USDT in downline investment

Referral Commissions

IsPay pays referral commissions on USDT invested by recruited promoters:

  • V1 ranked promoters earn a 10% referral commission rate
  • V2 ranked promoters earn a 13% referral commission rate
  • V3 ranked promoters earn a 16% referral commission rate
  • V4 ranked promoters earn an 18% referral commission rate
  • V5 ranked promoters earn a 20% referral commission rate

Note IsPay referral commissions are coded. This means that higher ranked IsPay promoters earn the difference between their rate and lower ranked promoters in their downline.

Peer Bonus

IsPay doesn’t explain what the Peer Bonus is paid out on but states it’s a flat 10% across all ranks.

ROI Match

IsPay promoters earn a 1% ROI match on daily returns paid to recruited promoters.

Rank Achievement Bonus

IsPay rewards promoters for qualifying at V3 and higher with the following one-time Rank Achievement Bonuses:

  • qualify at V3 and receive 10,000 USDT
  • qualify at V4 and receive 30,000 USDT
  • qualify at V5 and receive 50,000 USDT (90,000 USDT if qualified for within first 90 days)

Joining IsPay

IsPay promoter membership is free.

Full participation in the attached income opportunity requires a minimum 100 USDT investment.

IsPay Conclusion

IsPay’s website is full of generic fintech marketing, none of which has anything to do with its MLM opportunity.

As it stands, the only verifiable source of revenue entering IsPay is new investment.

Using new investment to pay ROI withdrawals would make IsPay a Ponzi scheme.

As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.

This will starve IsPay of ROI revenue, eventually prompting a collapse.

Math guarantees that when a Ponzi scheme collapses, the majority of participants lose money.