Is Pay Diamond A Scam?- Get The Facts Here Before You Join!
Is Pay Diamond A Scam?- Get The Facts Here Before You Join!
Name: Pay Diamond
Owners: Carlos Luis & Adriano Azevedo?
Price: $200- $36,000
Overall Rating: 3 Out of 10
Looking for a solid Pay Diamond review? Get everything you need to know about yet another multi-level marketing company before you spend any money.
Pay Diamond is a multilevel marketing company that your earning is based on the various levels you are in the company.
I will say you made the right decision for doing this, because a lot of people invest in a business without checking out what the business will offer, and later complained to you that they got their fingers burnt.
You don’t want such experience right?
In this review, I will outline what this company has to offer you and if they are really a decent company to sign up with or if you’re better off exploring other options to Making Money From Home.
What Is Pay Diamond All About?
Pay Diamond does not provide the full details of the brain behind the company. The domain paydiamond.com was registered around 26th of December 2014 and the last
The domain paydiamond.com was registered around 26th of December 2014 and the last update was March 7, 2017, with the registrant address situated in Hong Kong.
Alexa ranking shows that a lot of the traffic on this site comes from China while few from South Africa. With these facts, we can conclude that they are really operating from Hongkong.
The part of Pay Diamond that looks skeptical is the anonymous admin behind the company.
See The Screenshot Their Website Registration Below.
(Courtesy of WHOIS)
What Are Pay Diamond Products
There are no good and services offered to their customers, which mean that affiliates will only sell membership packages to the new members.
MLM is a good method to earn on the internet, but when they are not offering products or services to their potential customers it becomes very difficult one to make good money from.
How Do You Earn Money With Pay Diamond?
You have to invest a certain amount of money into this company to earn as affiliates.
See The Following Screenshot Of Their Weekly Payout Below.
The Affiliates can choose from five level of investing:
The Affiliates can invest $200 at the level Joy and expect a return of $10 weekly.
The Affiliates can invest $400 in Light level to get $20 weekly a return of what was invested.
The Affiliates who invest $1,200 at a level called Plus will be entitled to return to their invested that is $60 weekly.
The Affiliates that invest $3,600 at the Level of Master will get $180 weekly as a return of their investment.
The Affiliates that invest $36,000 premium level will earn up to $1800 weekly.
You get the return on the investment for up to 50 weeks, with their direct payment; affiliates will also be able to earn more money by recruiting new members.
The recruitment commissions paid to their affiliates are listed below:
The commissions you earn when you sponsor any member are listed below:
When you sponsor affiliate for joy level you are entitled to receive $5.
When you Sponsor affiliates for the Light level you will get $10.
When you Sponsor affiliates for the Plus level you will be entitled to receive $30.
When you Sponsor affiliates for the Master Level you will get $100.
When you sponsor premium affiliates you are entitled to get $1000.
You get it through binary and matrix option.
Matrix Compensation Plan
The compensation plan is paid in the 3×10 matrix. And all this can be filled with the members from your upline or your own downline. All the members here is worth 50 cent commission.
Binary Compensation Plan
Binary compensation plan has a right and left foot which you can build to any length. They can be filled with the excess from your upline or your own downlines. And every of the investment has a point.
See The Screenshot Of The structure Below
The Joy Level is 50 points
The Light Level is 100 points
The Plus Level is 300 points
The Master Level is 1000 points
The Premium Level is 10,000 points
All of this your commission are add up and offered to you.
How Much It Cost You To Join Pay Diamond?
They actually charge you per month, but they don’t tell you directly that you will be charged monthly.
The cost of the various investment plans are listed below:
The Joy is $200
The Light is $400
The Plus is $1,200
The Master is $3,600
The Premium is $36,000
What I Like About Pay Diamond
- You can make some money
- Work from home.
- More flexible.
What I Don’t Like About Pay Diamond
- Pay Diamond turns you to its customers.
- You must have people skills. You will need to learn how to bring in others into the system and how to build teams in the process
- Hound families and friends.
- You are not building a real business.
- Direct marketing is not for everyone.
Who Is Exactly For Pay Diamond?
Pay Diamond is meant for those are good at people skill. If you think that you are the next best recruiter, then this program may be for you.
Your goals once you get involved in the program is likely going to sell the system to others and push them towards to invest more in the company so you earn more commission.
If you don’t feel like selling the same services to other folks, then may not be the program for you.
Final Thought: Is Pay Diamond a Scam?
Based on the review above, you may not be able to tell if Pay Diamond is legit or not.
The return on investment of this company may be high, this is because they are using the money paid by new members to fund the old members in the company.
So, is it really a scam?
Is Pay Diamond a scam, or can you trust it?
I would say Pay Diamond isn’t a complete scam, but there is definitely something you should be cautious of.
Should I invest in this opportunity?
You alone can decide that because details about this company have been given to you to make the right choice.
Do you have a question or comment? You can drop it in the comment box below!! I love to hear about it.
Thanks for reading.
Please Stay Safe.