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Go Back   Talkgold HYIP, Investment & Money Forum > Caution : Risky High Yield Investing Programs > E-Currencies - Liberty Reserve, PerfectMoney, Payza, Hd-Money, etc

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Payza and HYIP market: is it over?
  #1  
Old 07-17-2012, 02:26 PM
ayadirami ayadirami is offline
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Arrow Payza and HYIP market: is it over?

PayZa Changed In User Agreement
PayZa Changes

As I predicted 2 months ago ( Alertpay will now be PayZa ), looks like PayZa will no longer be accepting any type of get rich quick program or unregistered companies.

Short story even shorter, PayZa updated it’s User Agreement on the 15th July to reflect that it will be no longer accepting any type of companies offering unregistered investment, any type of daily returns, etc.

Below you can read the official update which was published in the PayZa Blog.

Since the launch of the Payza platform, the Payza Board of Directors has been evaluating all existing and developing market and regulatory conditions in relation to the company’s performance strategy. Because the mission of Payza is to provide the best customer experience in the global online payment processing industry, the Board has identified important emerging business sectors that will foster new payment routes for all of our customers and has mandated the continued development of Payza’s authorized exchangers list. Additional resources have also been allocated to improving customer satisfaction and the processes necessary to resolving outstanding client issues.

As a result of this evaluation, certain sectors currently experiencing increasingly strict regulatory conditions have been recategorized. In order to provide all Payza members with the most secure and stable platform, an amendment to Section 6.02 of the User Agreement has been effectuated:

Section 6.02 – Activities Not Allowed

Any indication or demonstration of a literal rate of return on a contribution, payment or investment, while not being licensed to sell or solicit.
Selling of Unregistered/Unlicensed Stocks, bonds, securities, options, futures, or investments in any entity or property, including (but not limited to) corporations and partnerships or sole proprietorship, are prohibited:
Solicitation, marketing campaign, direct selling or any other comparative effort will be considered a violation of the User Agreement. If you are registered or licensed to take such action, you may be requested to present documentation demonstrating authority to do so from a Securities Exchange Commission, Commodities Futures Trading Commission or other equal and comparative agency.
Payza is committed to providing all of its members, individuals and businesses alike, with the most secure and convenient platform with which to transact online. The Board of Directors is continually exploring new services and options for the company and its customers, and has as a dedicated mandate the implementation and optimization of the best of these new opportunities. Please stay tuned for the latest in our business offerings!



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Kind Regards
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Re: Payza and HYIP market: is it over?
  #2  
Old 07-17-2012, 04:24 PM
pokeplayer984 pokeplayer984 is offline
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Default Re: Payza and HYIP market: is it over?

Ah darn it! And I just got my Payza Account fully set up too!

Guess I'll have to use it for something else then.
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Re: Payza and HYIP market: is it over?
  #3  
Old 07-17-2012, 05:39 PM
Investor X Investor X is offline
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Default Re: Payza and HYIP market: is it over?

I'm not sure about that since most of hyips that were using Payza before that are still using it... So I'm not sure how is that going to affect this market...
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Re: Payza and HYIP market: is it over?
  #4  
Old 07-17-2012, 07:00 PM
Jason M.'s Avatar
Jason M. Jason M. is offline
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Default Re: Payza and HYIP market: is it over?

I can still see most big HYIPs accept Payza... what is that supposed to mean?
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Re: Payza and HYIP market: is it over?
  #5  
Old 07-17-2012, 07:11 PM
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gstorms gstorms is offline
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Default Re: Payza and HYIP market: is it over?

Alertpay/Payza sucks anyway and I knew this would happen eventually. They will probably freeze the money of all the HYIPs currently using Payza.

I also don't trust STP and I think they will be next. I only deal with Liberty Reserve and Perfect Money.
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Re: Payza and HYIP market: is it over?
  #6  
Old 07-17-2012, 08:11 PM
Investor X Investor X is offline
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Default Re: Payza and HYIP market: is it over?

Quote:
Originally Posted by gstorms View Post
Alertpay/Payza sucks anyway and I knew this would happen eventually. They will probably freeze the money of all the HYIPs currently using Payza.

I also don't trust STP and I think they will be next. I only deal with Liberty Reserve and Perfect Money.
I couldn't agree more... Payza as a long and bad story... Probably that why they changed the name from alertpay to payza...

I don't like stp either...

Liberty Reserve and Perfect Money seem to be the most reliable and solid e-currencies on the internet... Simple and Highly Reliable!!!
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Re: Payza and HYIP market: is it over?
  #7  
Old 07-18-2012, 11:42 AM
yourmonitor yourmonitor is offline
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Default Re: Payza and HYIP market: is it over?

Payza will be like paypal.Both will freeze the money. I moved my money out to LR.Their loss.They dont now how much $$$ they lost, with those changes.How stupid they are.
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Re: Payza and HYIP market: is it over?
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Old 07-18-2012, 01:35 PM
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nanaimogold nanaimogold is offline
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Default Re: Payza and HYIP market: is it over?

Do you really think it was their choice to make?
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the internet surprised them. All this interconnection caught them off their guard
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Re: Payza and HYIP market: is it over?
  #9  
Old 07-18-2012, 02:26 PM
superservices superservices is offline
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Default Re: Payza and HYIP market: is it over?

This is good act from payza. This is to avoid chargebacks mostly. But without hyip support, payza cant be the best in online processing industry.
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Re: Payza and HYIP market: is it over?
  #10  
Old 07-18-2012, 03:52 PM
Investor X Investor X is offline
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Default Re: Payza and HYIP market: is it over?

Quote:
Originally Posted by nanaimogold View Post
Do you really think it was their choice to make?
I think they had the choice to move offshore instead... But they preferred to continue based in Canada
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