PayMeForward is MLM website that operates at domain paymeforward.com. The company was founded in June 2015.
However, the company domain was registered on 29th March 2006, but registration was set to private.
If you are thinking to join PayMeForward MLM opportunity, then read this article till the end because It might change your opinion.
In this article, I will do the unbiased review of PayMeForward and tell you about the company compensation plan, products, and everything else you need to know about the company.
About PayMeForward – PayMeForward Review
Currently, the company is using the nameserver newgenerationtraffic.com. The New Generation Traffic domain was registered on 1st November 2008, and the owner of the domain is Peter Wolfing.
As PayMeForward is using the name servers of NewGenerationTraffic. So in my view, Peter has access to both the domains which confirms that Peter is the owner of the PayMeForward.
However, no information about the company owner is present on the company official website. Peter was also the admin of Turbo Cycler MLM company which uses $200-$1000 matrix Ponzi scheme.
Peter most recently launched company was National Wealth Center which is a $25 to $3500 cash gifting scheme.
Basically, the National Wealth Center is a reboot of Infinity 100 which is another gifting scheme by Peter.
In mid-2014 Peter launched the company National Wealth Center and when the company start collapsing he come up with another company, and that is PayMeForwards.
He does the heavy promotion of the PayMeForward to the people who are already the members of National Wealth Centre affiliates.
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In my opinion, it is not the right choice to invest in a company who cannot even clearly tell that who is the owner of the company and who is running it. In this case, you have no idea that whom you are handing your hard-earned money.
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The company does not have any retailable product. So the affiliates can only market the PayMeForward membership with the opportunity itself.
PayMeForward Compensation Plan
The company uses a 2X2 matrix for its compensation plan to collect gifting payments from recruited affiliates.
In a 2X2 matrix, one affiliate is at the top, and two are below it. Moreover, this forms the level 1. In the same way, two more affiliates are present above every two affiliates, which create level 2.
Tiers in Compensation Plan
In PayMeForward Compensation plan, there are a total of seven tiers. The commission that any affiliate earn depend on how the matrix gets filled.
Here is how the matrix work:
- $25 Matrix: In this matrix, each position cost $25. When the matrix is full, the affiliate earns a commission of $100. Moreover, after filling this matrix, the affiliate enters into the $50 matrix.
- $50 Matrix: In this matrix, each position cost $50. When the matrix is full, the affiliate earns a commission of $200. Moreover, after filling this matrix, the affiliate enters into the $50 matrix.
- $100 Matrix: In this matrix, each position cost $100. Once the matrix is full, the affiliate earns a commission of $400. Furthermore, after filling this matrix, the affiliate enters into the $50 matrix.
- $200 Matrix: In this matrix, each position cost $200. Once the matrix is full, the affiliate earns a commission of $800. Moreover, after filling this matrix, the affiliate enters into the $50 matrix.
- $400 Matrix: In this matrix, each position cost $400. When the matrix is full, the affiliate earns a commission of $1600. Furthermore, after filling this matrix, the affiliate enters into the $50 matrix.
- $800 Matrix: In this matrix, each position cost $800. When the matrix is full, the affiliate earns a commission of $3200. Also, after filling this matrix, the affiliate enters into the $50 matrix.
- $1600 Matrix: In this matrix, each position cost $1600. Once the matrix is full, the affiliate earns a commission of $64000. Later on, after filling this matrix, the affiliate enters into the $50 matrix.
Usually, in a gifting scheme, the fee needed to enter the next tier is of the matrix is subtracted from the gifting payments given on the previous. However, no one knows whether this is the case with PayMeForwad or not because no information about this is provided on the official website.
Final Verdict about PayMeForward
The company revolves around the concept that someone gifts a sum of money forward in the hope that due to the company compensation plan other in turn will do the same and everyone will earn a commission on the basis who join after them.
In a first look, the company might seem a legit business opportunity to you. But when you study the compensation plan briefly, you will get to know that there is something wrong with the company.
Moreover, every legit company has guts to show that who is the owner of the company. But PayMeForward has no information on its official website that who is running the company.
How we can trust a company that cannot reveal who is the owner of the company. They are using the 2X2 matrix Ponzi scheme to get the money of people in their company.
Overall I would not recommend you to join this company because there are issue transparency issues in the company. If still, you are thinking to join the company then I will suggest you do more research before investing the company.
If you want to invest your money to get a good return on your investment, then I will suggest you invest in Crypto Cloud Mining Companies. Crypto Cloud companies are 100% safe. So it’s worth checking them out as they are not doing any type of scam.
I hope my this review of PayMeForward is helpful for you and it gives you detailed information about the company.