I ran into PayBox.me a few weeks ago and decided to take some time to quickly go over what it is all about. PayBox offers a pretty steep $50.00 sign up bonus. To me, this raises a red flag not just because $50.00 is a nice bonus for a sign up form that will take you less than 1 minute to fill out, but because I have to wonder how long it will take to actually physically get that sign up bonus.
PayBox.me initially makes itself out to be an online currency and payment processor site where you can send money to people, but I believe this is what they eventually want to become. At the current moment PayBox looks more like a task website where you get paid to complete various tasks online. I’ve also seen a couple surveys to participate in.
Of course, like all websites, you get paid to refer others. They claim to pay you $5.00 for every referral you bring in. The only problem is that they are claiming to give you all this money, but ask for nothing in return. Kind of sounds like they might not be in business very long unless they find ways not to pay there loyal members.
By the year 2011, PayBox.me plans to roll out the following:
- Person-to-Person transactions.
- Small Business integration, including payment processing modules for all popular shopping cart software.
- Mid-sized Business integration.
- Major Online Store integration.
- Debit Card linked to your PayBox account.
- Currency exchange with all major world currencies.
If PayBox can pull all this off, they might have something going for them.
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