Monday 11 November 2013

Hyips using Paypal as a Mode of Payment

hyips using paypalI have decided to write about hyips using Paypal to clear the doubts most investors have about Paypal and Hyips.

 Perhaps, you've come to this blog to invest in any Hyip that allows Paypal as its mode of Payment. I can boldly tell you that you never knew that it's against Paypal's terms and conditions to do business with High yield investment programs. 



 
I know pretty well that Paypal is the most secure and safest way of accepting online payments easily.  Nothing would have stopped Paypal from accepting payments from any hyip program but  they consider every Hyip as a Ponzi scheme and therefore would not allow them to do business with Paypal.  This they've done not knowing that there's a difference between a hyip and a Ponzi scheme.

We've realized that this has had negative impact on hyip investors who use Paypal regular for their online payments. They have been forced to use other e-currencies like Perfect Money, Ego Pay, SolidTrustPay e.t.c for their business with every high yield investment program.

These e-currencies are not like Paypal because all transaction made with them are final and cannot be refunded. But with Paypal, any transaction that appears fraudulent will be investigated further by their investigation Panel and proper refund issued to the right owner.

 Sadly, if you have to be a hyip investor, you don't have to conider Paypal as a mode of payment because you will hardly find any hyip that accepts Paypal as a payment processor.

 Hyips don't also accept Paypal because they know that if they do, they might lose all their funds to Paypal.

Assuming that a high yield investment programs start accepting Paypal as a form of payment and that particular hyip admin escape with the investor's funds. The investors will file a complain against them on Paypal and Paypal will finally take action by refunding the investors and freezing the Hyip's Paypal account. Therefore, the hyip admin will have nothing to gain but all to lose.
This is the #1 reason why most hyips don't accept Paypal.

On the part of an investor, Paypal may decide to punish the investor by freezing their account because they've violated their terms of agreement. As a hyip investor, you may lose all your Paypal funds due to this singular action.

As you can see, it's safer for both the hyip admin and the hyip investor to use other e-currency providers other than Paypal for Hyip investing.

Use the comment form below to ask us any questions related to this topic, we'll be glad to clear your doubts.

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