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You're Reading:Should you Send ID & Address Verification Documents to Biz Opp Sites?

Should you Send ID & Address Verification Documents to Biz Opp Sites?

by Tasos

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Dec 16, 2016

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First of all, I wanna thank so much the visitor who suggested me to write an article about this “Huge” subject. And allow to me to be straight forward on this one. There is no middle side, we talk about a very important case.

At least is for me….

 

 

Where should we send ID & Address Verification Docs?

 

 

People that work online, like me and many of you, we are part of a number that is growing. More and more people want to make a living online. Meaning more people want to pay and the most important “Get” paid online. In order to complete all necessary transactions we need solid resources that can handle our money.

Organisations that stand between sellers and buyers, companies & employees / partners / affiliates

 

Banks with credit / debit / other forms of cards or checks and money processors sites can act as mediums to ensure all payments between those parties.

 

Therefore the banks know their customers and who they are. When you open an account in a bank they ask for your ID and other docs to verify your status.

The same applies on money processors sites, like PayPal, Payza, Solid Trust Pay and all these new sites that jump into the scene lately. And are not a few of them. I read an article many months ago entitled…”The best 100 money processors….”…100

 

…I will get back to that later

 

Of course we agree and we deliver these docs to the appropriate organisations. On money processors sites that is a process taking place strictly online we send digital forms of these documents. Scanned images mostly in the form of jpg / png / pdf…

Then the organisations verify these docs and give on the members accounts a “Badge” status, V E R I F I E D … customer.

 

 

That is “All” the Other Party Should Need

 

 

When you are a VERIFIED customer both on banks and money processors sites you can ask and get paid with money. Dollars, euro, any other currency, bitcoins, checks…money are being transferred on a daily basis

 

Companies just accept that rule and when they process a payment on your behalf the organisations handle the payment.

 

I pay people and get paid using that mentioned process.

 

No company (almost) asked me to send ID & address verification docs, all they ask is a Paypal address, or Payza, or Bitcoin address, or Postal details, a name, a surname, an email…or may be even a date of birth & VAT number…END

 

 

Today’s “Trend” on Ponzi / Revenue Sharing / PTC / other MLM or Biz Opp Sites

 

 

I really hope it is not getting a “Trend” already.

It happened to me many times, as I have reviewed hundreds of biz opps and I can remember suspicious sites asking for ID or address verification docs to my “Surprise”…

 

I never delivered such “Docs” to any of those “Parties”…

 

 

Afterwards the vast majority of them proved scams or blacklisted as extremely suspicious. But time is running and new pseudo companies arrive to scam people.

 

I will only mention the companies that I can remember right now…on the top of my head

 

FortAdPays – an old revenue sharing / ptc site that when they asked me to send them verification docs I stopped using it immediately…. a Hard to read site, in Spanish if I can recall / poorly translated, with operating errors, a non existent support team, now was asking from me to send them these docs….Bye guys…!!!

 

SwissGolden – an MLM matrix cycler, very poor modern Ponzi / Pyramid scheme, for “Gold” exchange with a domain hiding their owners identities, an address somewhere in a tax haven side of Earth, was asking from me to verify my ID with a passport and utility bills…hmmm

…They were expecting from me to purchase positions … yeah, sure

 

MyPayingCryptoAds the new very promising Ponzi / Rev Share / Advertising of Uday Nara, the positive reviewed from bloggers site now is asking for IDs…Previous project of the same owner MyPayingAds still running for 19+ months, claiming to have 200,000 members. On this one no IDs were asked. I do participate on the latter with a minimum investment just to check things and to place my ads.

I don’t care if Mr Uday is a legit entrepreneur or he is delivering quality ad services which is a fact (far better than other rev shares) … more on that in my upcoming review … he has no authority to ask for such docs. That move is at least suspicious and of course freezes my intent to invest in “Bitcoins”…and of many potential investors

They say that he never missed a payment in the last 2 years with the 1st ad platform but I can see an obvious on both of his projects Ponzi scheme running at the background. Affiliates who invest and therefore give the company cash flow in order to live, can not be asked for such docs. If they can not verify IDs because of the Bitcoin system they should not allow payments without a genuine medium / organisation in between.

 

Mr Uday Nara could have added bitcoins on the current platform of MyPayingAds…why to make a new platform only for bitcoins and change many rules beyond the payments?….If they do not solve this issue I keep my money away from that system.

He is selling ads and can change the terms on his website at any moment. Think of it for a while, when YOU buy goods from a local supermarket they do not ask for a copy of your ID..

Why to give ID to an advertising online platform?…It is ridiculous, on the website terms is mentioned that they make that to comply with the Singapore law, yeah sure….while at the same time they run a Pure Ponzi….wake up people

 

GrandBux a paying as they say PTC site, which I used it almost a year ago but left it quite soon because of the very slow ad timer. No reason to ask for IDs again even if they pay….I visit websites = working for the site to justify purchased credits to its investors, I want to get paid, plain simple

 

This add…thanks to Violina

 

Just the other day I reviewed Traffic Network Ads … a scam rev share asking for IDs

 

So we have,….

 

Owners that hide their identities from the public, or even they say who they are

Suspicious pseudo MLM matrices / poor cyclers / Ponzi’s / rev shares or even PTCs with bad ad services … asking for IDs…the very same moment when they hide their addresses, play by their own rules and use illegal schemes to attract investments (not in all cases)

and what in the world is an advertising platform to ask me to send IDs?…does not make any sense. Fraudsters are everywhere, proceed with extreme caution, ask a lawyer if you feel better, but I am sure what a lawyer would tell you.

 

Say NO and keep your money to invest elsewhere….

 

and to return to what I left behind unanswered, I do not even trust new payment processors sites with poor services, I trust PayPal that is running for many years and is a medium worldwide accepted.

 

 

Thanks again to Violina for her contribution, another article has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time.

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Tasos Perte Tzortzis

Tasos Perte Tzortzis

Marketing Specialist, Entrepreneur

Although doing traditional business offline since 1992, Tasos fell in love with online marketing in late 2014 and has helped hundreds of brands sell more of their products and services on the web.

He enjoys reading, music & arts, mathematics, chess, coffee, swimming, Audi, and playing with his kids.

MLM

Revenue Sharing/HYIP/Crypto/Binary Options Trading

Marketing/Business/Sales/Investing

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