Paymoney’s website provides no ownership or corporate information.

In an attempt to appear legitimate, Paymoney provides UK incorporation details for Paymoney Digital LTD.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

At time of publication Alexa cites Thailand as the only notable source of traffic to Paymoney’s website (57%).

Paymoney’s current website domain (“paymoney.digital”), was privately registered in July 2021.

The company launched using “paymoney.io”, believed to have been acquired in November 2021. Why Paymoney’s .IO domain was abandoned is not clear.

Paymoney does have an official YouTube channel. The company’s marketing videos however are voice dubs set to stock footage.

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.

Paymoney’s Products

Paymoney has no retailable products or services.

Affiliates are only able to market Paymoney affiliate membership itself.

Paymoney’s Compensation Plan

Paymoney affiliates invest bitcoin or litecoin on the promise of advertised returns:

  • invest $150 and receive $37 a month
  • invest $300 and receive $75 a month
  • invest $500 and receive $125 a month
  • invest $1000 and receive $250 a month
  • invest $2500 and receive $625 a month
  • invest $5000 and receive $1250 a month
  • invest $10,000 and receive $2500 a month
  • invest $20,000 and receive $5000 a month
  • invest $50,000 and receive $10,000 a month
  • invest $100,000 and receive $20,000 a month
  • invest $200,000 and receive $40,000 a month

Note that I’ve seen $250,000, $500,000 and $1,000,000 investment options available in the Paymoney backoffice. These differ from the company’s compensation documentation (quoted aboved).

Paymoney pays returns daily Monday through Saturday. All investment tiers are capped at 200%.

After 200% has been received, reinvestment at the same or a higher tier is required to continue earning.

Note that Paymoney charges a 10% withdrawal fee and restricts withdrawal requests to Friday only.

The MLM side of Paymoney pays on recruitment of affiliate investors.

Note that Paymoney caps earnable commissions daily at the investment tier an affiliate has invested at.

E.g. Paymoney affiliates who invest at the $2500 tier can only earn up to $2500 a day in MLM commissions.

Referral Commissions

Paymoney affiliates earn 15% of cryptocurrency invested by personally recruited affiliates.

Residual Commissions

Paymoney pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of the day Paymoney tallies up new investment volume on both sides of the binary team.

Affiliates are paid 10% of cryptocurrency invested on their weaker binary team side.

Once paid out on, volume is matched against the stronger binary team side and flushed.

Recruitment Bonuses

Bonus 1: If a Paymoney affiliate recruits six $5000 investment tier affiliates, they receive a “deluxe bag” or $3500.

Bonus 2: If a Paymoney affiliate recruits ten $10,000 investment tier affiliates, they receive a Rolex watch or $8000.

Bonus 3: If a Paymoney affiliate has four personal recruits who qualify for Bonus 2, they receive a BMW or $30,000.

Bonus 4: If a Paymoney affiliate has two personal recruits who qualify for Bonus 3, they receive a Mercedes Benz or $55,000.

Joining Paymoney

Paymoney affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $150 investment in bitcoin or litecoin.

Paymoney Conclusion

Paymoney represents it generates external revenue via a whole raft of ruses:

There is no evidence of Paymoney generating external revenue, via the claimed methods or otherwise.

Furthermore despite clearly offering a passive investment opportunity, Paymoney is not registered with financial regulators in any jurisdiction.

This means that at a minimum, Paymoney is committing securities fraud.

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

Using new investment to pay returns makes Paymoney a Ponzi scheme.

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

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

One last thing to watch out for, is Paymoney going for a final cash grab with worthless NFTs:

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.