Thanks for stopping by to read our PayDiamond Review
Lately, there has been a lot of hype about this company so you must be curious to know what the fuzz was about.
Maybe have talk to you about this investment business opportunity on a social media platform or personally. Now, you are here to make sure it’s actually legit. Right?
You made a good decision on doing your research on PayDiamond. It isn’t safe to jump with both feet in a business opportunity then finding out it was a scam.
You don’t want to be among those.
This PayDiamond review will walk you through the company, products and compensation to allow you to make the right decision.
PayDiamond Review – The Company
For some reason, PayDiamond offers no information on who actually runs the business.
If you check out the PayDiamond website at paydiamond.com, domain registration you will find it was bought December 26th of 2014.
The PayDiamond domain registration was updated on November 27th, 2015. It lists PayDiamond Marketing & Sales Limited as the owner. It has a virtual office in Hong Kong.
If you check out Alexa, 12% of the traffic comes from Japan. The remaining is mostly from South America.
It makes sense as the PayDiamond website is hosted in Brazil. The default language is set to Portuguese.
You can’t be sure why they are running in Hong Kong.
The Products of PayDiamond
The PayDiamond products and services must be great for a company to do well with any good business opportunity.
It applies to any business.
PayDiamond doesn’t have any retail products or services. It however offers the ability for affiliates to promote their membership.
However, there is something about Diamonds. There is some kind of investment opportunity around that.
It is not certain whether PayDiamond actually sell Diamonds. It doesn’t look like they do.
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Compensation Plan of PayDiamond
The PayDiamond affiliates invest funds in the company in PayDiamond, on a promise to get a 50-week ROI.
It looks like:
- Joy: Invest $200 to get a $10 weekly ROI
- Light: Invest $400 to get a $20 weekly ROI
- Plus: Invest $1200 to get a $60 weekly ROI
- Master: Invest $3600 to get a $180 weekly ROI
- Premium: Invest $36,000 to get a $1800 weekly ROI
Sponsoring Commissions
If you are able to sponsor fresh members in PayDiamond, you get a commission. The amount you receive depends on how much they invested:
- Sponsor a Joy affiliate to get $5
- Sponsor a Light affiliate to get $10
- Sponsor a Plus affiliate to get $30
- Sponsor a Master affiliate to get $100
- Sponsor a Premium affiliate to get $1000
Residual Commissions
You get paid through 2 compensation plans.
First is their matrix compensation plan. The other is the binary compensation plan.
Matrix Compensation Plan
The members of PayDiamond receive payment via a 3×10 configuration in the matrix compensation plan.
You can fill it directly or indirectly by your upline, you and your downline.
Each member placed in this matrix is worth 50 cent commissions.
Binary Compensation Plan
This compensation plan has 2 legs (left and a right) that can build down to infinity.
The positions can be filled by your upline, you and your downline. It goes by a point system.
Each investment plan has a point value attached to it in this manner:
- Joy: 50 points
- Light: 100 points
- Plus: 300 points
- Master: 1000 points
- Premium: 10,000 points
PayDiamond adds up all the points generated by new investment volume at the end of each day on both legs. It pays you 50% commissions on the weaker leg.
If there is any extra volume, it gets carried over the next day.
In the binary compensation there is only one requirement to get paid which is to sponsor 2 members.
PayDiamond Membership
You have to pay PayDiamond monthly. However, they don’t disclose this information for some reason. Nevertheless, you have the choice of 5 investment plans with that monthly fee:
- Joy: $200
- Light: $400
- Plus: $1200
- Master: $3600
- Premium: $36,000
Verdict on PayDiamond Review
PayDiamond has some red flags.
Where on earth is this investment going?
They talk about Diamonds, but far are they investing in Diamonds? Can they prove this?
That is the real question.
Again, there is a 50 week maturity period. It means there is risk high risk if the company goes under by then.
This won’t have posed a problem if they prove the existence of external income sources in the company.
Another big red flag is, the owner of the company is anonymous. You should never join anything unless you know what the leadership is like.
Anyway, be very cautious about this company.
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