Global Pay Funds Review – Legit Company or Another Scam?
Welcome to my Global Pay Funds Review!
Whether you have been in the MLM world for years or this is your first time, choosing which company to join is a big decision.
Investing your hard earned money can be daunting and you want to make sure that it is in good hands.
So what can you do to make sure you get the most bang for your buck?
Learn everything you can about the company!
This review will provide you with the information you need about the company, the products and the compensation plan.
Keep reading to learn more about Global Pay Funds.
Global Pay Funds Review – The Company
I couldn’t find any concrete information on the company website about who owns or operates Global Pay Funds.
I did learn that the Global Pay Funds website domain was registered privately on the 22nd of February, 2017.
When I checked out the Global Pay Funds website without an affiliate referral link, the name “Germaine Goodman” is generated as the sponsor.
Other than that, there is no further information on the website as to who Goodman is and what his involvement with Global Pay Funds is.
Global Pay Funds Reviews – The Products
Global Pay Funds does not offer any retail products or services.
Affiliates who sign up with Global Pay Funds can only market and sell the affiliate membership.
When an affiliate first joins, they are required to donate money to each other.
Every donation payment includes various ad credits, which affiliates can use to display advertising on the company website.
The Global Pay Funds Compensation Plan
Affiliates who want to take part in the compensation plan must donate money to each other through a 2×6 matrix.
This type of compensation structure puts an affiliate at the top of a matrix that has 2 positions immediately under them.
These first 2 positions make up the first level of the matrix and the second level is made by adding another 2 positions under each of the first two, for a total of 4 positions.
Matrix levels 3 to 6 are made the same way, with each subsequent level holding twice as many positions as the level above it.
Affiliates start by donating $5 to the affiliate who sponsored them, and once this donation is made, the affiliate then qualifies to receive their own $5 donation from 2 affiliates sponsored into level one of their matrix.
All of the matrix levels work the same way, and look like this:
- Level 1 – Donate $5 to the affiliate who recruited you and receive $5 from 2 affiliates
- Level 2 – Donate $10 and receive $10 from 4 affiliates
- Level 3 – Donate $20 and receive $20 from 8 affiliates
- Level 4 – Donate $50 and receive $50 from 16 affiliates
- Level 5 – Donate $100 and receive $100 from 32 affiliates
- Level 6 – Donate $200 and receive $200 from 64 affiliates
Cost To Join Global Pay Funds
The cost to join Global Pay Funds as an affiliate is a $5 donation payment.
In order to fully participate in the attached compensation plan, it will cost $385.
Verdict on Global Pay Funds
Here we see another donation-based company, or “gifting” as it is popularly known…
The business model here is recruit, gift, recruit, gift…
The more you recruit, the more “gifts” you receive…
Sounds good right?
Here’s the problem…
First, you have to be really good at recruiting…and that isn’t everyone’s strong point…
Second, this company has no real products or services to offer….
Meaning they won’t attract any retail customers…
So the company relies on its affiliates to recruit more affiliates…
But once recruitment dies down…
And it almost always does…especially without real products…
These “gifting” payments will start to decline as well…
So, if you choose to join this company, just keep that in mind…
I hope you enjoyed my Global Pay Funds review, and if you have any questions, please leave them in the comments below…
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