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My Paying Ads – PayPal Issue Solved

My Paying Ads - Paypal Issue

As I was saying before in this article My Paying Ads is having a big problem with PayPal. What has happened is that PayPal decided to freeze their account and try to force them to change some parts of their business.

My Paying Ads – PayPal issue is well-known because MPA is one of the biggest and most successful revenue sharing website due to good leadership in my opinion. But even so, even with good intention such business model can’t last!

After more than one and a half months MPA has finally made the announcement. All failed and they will try to modify their business in order to keep going even with 180 days blocked PayPal account and without the ability to access a big amount of money locked there.

In the next lines I will share with you the letter that was published on MPA website by the Admin:

 

“Dear All,

Hope you had a productive week. With lot of regret we like to pass on the message that we have not been able to come to an agreeable PayPlan with PayPal (which can be reasonably profitable for our members) and hence we will not be having PayPal as a payment process supporting MPA any longer and our funds inside PayPal are frozen for 180 days.

The reasons for PayPal not supporting MPA is because of some global policy changes within their organization in terms of supporting Advertising Revenue Sharing programs. They primarily view these businesses as “Get-rich quick scheme” after certain daily volume of the business and hence they see them high risk for their buyers. They especially see the businesses as riskier when they have rapid growth in shorter period of time. That is the reason for them departing ways with ad rev share programs after supporting for certain period of time.

The revised terms given to us can only allow to run a simple Paid-To-Click website which has entirely different business model and may not bring the type of rewards that ad rev share program can offer. All our efforts to convince PayPal for some similar business models like the current one have not been successful.

Therefore, we will not use PayPal at MPA any more. Our current funds inside PayPal are frozen for 180 days from 4th January 2016. During this time, I will not have access to those funds.

Our business has grown with PayPal and our 95% funds are in PayPal and hence moving forward we have to take some major changes to our program so that we can run it longer and as profitable as before. We are committed to be in this industry and serving the members and advertisers of Ad Rev Share programs for long term. The business in this field is ever increasing and looking at the name and popularity that we accumulated in this field, we are fully committed to be continuing in this business for long term.

Therefore, we will have some major changes in moving forward and below are certain pointers for the same:
[1] We will continue the business with New PayPlan. The optional non-guaranteed revenue sharing will be up to 120% instead of up to 150% in our old PayPlans. The details of the new PayPlan will be provided as soon as possible with the tentative date of launch.

[2] The members accounts will be re-adjusted to continue forward. The revenue sharing for all the current adpacks will be stopped and they will be made inactive in terms of receiving the revenue sharing.

[3] Members who have withdrawn more than their deposited seed money will have to make a new beginning with zero balance in their accounts.

[4] Members of payments processors of Payza, STP, PM and Bitcoin will have the initial account balance as the amount that they yet to receive to reach their deposited seed money (i.e. the difference between their deposited money and the total withdrawn money). This money can only be used to make new purchases in the new PayPlan and cannot be used for withdrawals at the launch time.

[5] For PayPal members we will add the amount that they yet to receive to reach their deposited seed money to their accounts in the new PayPlan after 180 days so that they can use them to build their accounts. Members who cannot wait for 180 days will need to claim the money from PayPal (subjected to their decision) as the money is frozen with PayPal for 180 days and MPA don’t have the access to it. Hence, the PayPal members have to use fresh deposits to make any purchases in the new PayPlan. We urge the members to put a clause to accept the partial refunds, if they are disputing, so that PayPal can make a suitable judgement regarding the case.

[6] We will continue to deliver the advertising views as per the Surf Banner Credits that you have or that you will be using. Unfortunately, we will not be able to continue the optional and non-guaranteed revenue sharing for the older adpacks because of the disruption to the business due to the discontinuity of PayPal and the frozen funds inside the same. This has serious consequence on the revenue generation and the company funds and hence the revenue sharing for the older packs is discontinued.

[7] We sincerely apologise for all the inconvenience and any monetary losses that may have caused to you and as you all can agree such unexpected losses in this business cannot be avoided some times and Ups and Downs are common. Our thoughts are with every one of you who have experienced the possible loss of time, energy and any monetary losses. We tried our best to avoid such things to happen but we failed. We learned the lesson and will be more efficient in future. Hopefully, we provide a good environment to earn back the losses that may have occurred.

[8] We will continue the new PayPlan with Payza, STP, PM and Bitcoin. We are currently working on the other payment processors and the details will be passed soon once they are ready. Any payment processor will be seriously considered which does not hold our money so that we will not experience any such disruption in the future. The payment processors we are considering have multiple options of funding (through credit cards, bank wire etc) and multiple withdrawal options including customized debit cards.

We will also be posting a video elaborating the above facts in 1-2 hrs from now while you go through this announcement. Thanks.

Regards,
Admin, MPA”

 

I wasn’t able to find any video about this yet. If you have any other questions or even if you want to add something to this please use the comment section below!

 

As you can see from my above post to join such websites it is a big risk and it really not worth all the hype. Most of them have a very short life span and don’t make it after a few months. I agree that some are older than 2 years, but then again it might be too late to join now. So either way it is a risk.

I know you want to make money online, I know because this is the future, and we are getting smarter with our choices and most of us are not willing to make sacrifices or compromises to work for the man anymore.

If you’ve never heard of Wealthy Affiliate then you should check my review here.

At Wealthy Affiliate you will learn to build your online business from A to Z. I promise that you won’t be dissapointed. You should give it a try.

Constantin Sap

2 Comments

  1. MPA was scam from the beginning.
    I like statement nr.3

    (Members who have withdrawn more than their deposited seed money will have to make a new beginning with zero balance in their accounts.)

    Because they knew it can never be paid back unless new people join. This system model is doomed. The last ones will always have to pay for the older ones. So it’s all lost.

    About Wealthy Affiliate,
    O know it. I don’t like their TOS. If you decide to build a website with them, just make sure not to register your domain via their program and also make sure not to host your website with them. For the rest it is ok but very pricing.

    I quit all this bullshit, investing in stock market. Doing it for 6 years and it is the only reliable big income. Had to learn it and had huge losses but that was my learning money. Now that is my main income source. All the rest is just for fun 🙂

    • Yeah you are right! With these kind of websites like MPA there is no future! As long as they are hot then you have a small chance of making money. If they are starting to get colder you can forget about it. No matter how many times they will say that their business model is safe, it is not true.

      About WA, I joined to get my information in order. You can find anything for free all over the internet. But you need to have a starting point, you need a beginning and end. I myself don’t use their website builder and I also host my website elsewhere but I never heard any complaints from their members.
      I for one don’t find it to be very expensive. I mean there are similar programs out there with thousands of $$.

      Stock market I tried for myself also but I have quit fast! You first need some real cash to start and then you need to be made out of stone. I am not yo I can’t cnotrol myself in some difficult situation. I read about 3 books about stock, they say more or less the same thing. Self discipline is vey important.

      In the end I have to thank you for the very in-depth comment!

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