I know you’re trying to find out if Mysafepay.ng is actually legit or scam and luckily, this article has done justice to that as you will discover if you’re to proceed and become a member/partner of the company or not at the end of this post on Mysafepay.ng review.
Since there is no enough information online about this company to be able to get detailed facts to form a decision whether to join or not, I decided to join the company and get all the facts out.
I even went as far as becoming a partner to get some core secrets to understand how the whole process works in order to give you full review about the company.
I did all these so as to inform you to be sure whether this is what you should invest your time, energy, products/services and even money into or not or you should look for another real make money online opportunity.
So, without delay, let’s get right into it.
History Of Mysafepay.ng
Mysafepay.ng was initially known to be attached to an Autoblogging business model where they offer their customers blogging solutions and helped them make money online on their blog using the Google AdSense. But.
As the company grew, they decided to be more creative and thereby found a particular unsolved problem on the internet space and they decided to build a service business around it and called it Anti-Fraud Payment System.
I made some research about who exactly is the owner of this company and I also went as far as using WHOIS site to look up the website to see some details I could find.
And below is the little details as facts deducted about the company:
This above research shows the email address of the Co-founder (who is called Ade) and you can also see the address of the company in Nigeria.
Also, you can see more information on the registrant and the company also claims to also have offices in Portharcourt and United Kingdom as it’s on their website homepage here.
According to my research, the Co-founder called Ade has been the head team here in Nigeria working assiduously to the development and growth of the business and some people think he’s the owner of the company and thereby tagged him as the C.E.O.
Meanwhile, even he himself always regard his position as a Co-founder, meaning that, the business is a joint business and not owned by one person.
Now, I assume you want to know what Mysafepay.ng is all about? Let’s dive in.
What Is Mysafepay.ng?
Mysafepay is a solution provider company to online payment scams for both business owners (known as sellers/vendors) and their prospects/customers(known as buyers).
And the company is registered as a limited liability (LTD) company in Nigeria with registration number “RC:1602418” under Corporate Affairs Commission (CAC) Of Nigeria.
Their primary goal is to safeguard online transactions between people using Anti-Fraud Payment system.
So, basically, what Mysafepay.ng are into is to ensure that you and your prospects/customers are safe when doing transactions online most especially transactions that involve payment of goods and services on the internet.
The Core Business Aim Of Mysafepay.ng
Mysafepay.ng main aim as I found out is to protect you as a buyer or seller against fraud during your transactions online and to eliminate the need of Payment On Delivery (POD) which removes the fear of being scammed online.
I’m sure, some of us that have been scammed online would understand this better.
Especially, when someone asks you to pay money for a product or service before you can collect your goods or before your work is being done online.
And chances are, your money will be lost in the process as you don’t know the person you’re doing business with or.
That, you won’t like the products delivered to you with low quality to what you payed for or.
The service won’t live up to your expectations after work is done and it would be impossible or difficult to get your money back.
So, Mysafepay.ng business model is designed to provide unique solutions to these challenges and I guess that’s why they call themselves solution providers.
Mysafepay.ng Vision For 2020
According to the company(Mysafepay.ng) as it was stated out in their online course.
They propose to have recruited and trained 200 Senior Online Managers(also known as Agents) that would train others of over 10,000 online managers.
And by December, the company’s expectations with their moves is to have acquired over 300,000 Entrepreneurs using there Anti-Fraud Payment System to gain the confidence of their buyers, trust and credibility of the brand and thereby increases the loyalty and sales of the sellers(also known as vendors.)
And they proposed that, over 3,000,000 registered users would have come aboard and as well safeguarding over 5,000,000 transactions by the end of 2020.
Monthly Monetary Target Of Mysafepay.ng: every week, according to the estimated amount of Mysafepay.ng.
They are expected to be making #3,500,000,000(3.5 Billion Naira) weekly and 14 Billion Naira monthly on 3.5 Million sellers if they make 2 orders with a #500 charge fee for using the platform to secure transactions between buyers and sellers.
And using the same estimation, the company is expected to realize 1.75 Billion Naira revenue every month on the 3.5 Million Sellers for having the opportunity to have their own website given to them to display their products.
So, in total, Mysafepay.ng expected monthly revenue to be made having 3.5 Million sellers target through two streams equals #15,700,000,000 (15.7 Billion Naira) – That’s every single month!
I guess you want to ask if they have a product you need to be selling for them right? Chill as you will find out next!
Does Mysafepay.ng Has A Product?
Mysafepay.ng has no product they are selling and their affiliates/partners don’t sell any product.
Instead of that, they provide Anti-Fraud Payment services and train you so you can also provide the same training to other affiliates or partners coming to the company.
How Does Mysafepay.ng Work? – Business Application
As a buyer or seller(vendor), after your registration, you will be given a unique wallet ID which will serve as your account number.
Or, you can also use your phone number instead of your wallet ID.
The next thing is, you fund your wallet as a buyer through paystack either using your ATM Card or Bank Transfer.
So, here’s how the whole process works below:
As a buyer, you pay the seller through your wallet on the website, you then verify the details of the seller you’re paying to with either seller’s name or their business name for confirmation before payment.
One cool feature I like about this aspect is that, they have an agreement term that binds the buyer and the seller.
Money goes into the system as a pending debit on the side of you as the buyer and pending credit on the side of the seller.
And there’s a final account known as cash balance in addition to the two mentioned above.
This is the money sellers can withdraw after both of you the buyer and the seller are happy and you have confirmed the transactions on your individual dashboard.
The idea is that, once you pay as a buyer, your payment alerts the seller and the seller logs in to her dashboard to confirm the payment within the time frame of 24 hours (in order to remove any delay in the transaction).
But, before the money in the pending credit can be released and enter the cash balance of the seller, you as a buyer must have also confirmed the receipt of your order after you’ve received your goods.
And you as the buyer also have 48 hours to confirm your order receipts.
And in case there’re any concerns of the buyer as regards to the items received, you as the buyer can hit the dispute button and lodge complaints immediately and the company will intervene to settle the issue and resolve it.
Which Business Can Use Mysafepay.ng?
According to research which I’m going to reveal in this Mysafepay.ng review.
Mysafepay.ng creates room for every business or services online (including offline) that wants to get themselves protected or gain the trust of their prospects.
Below is the list of businesses that can benefit from the company according to this Mysafepay.ng review if you ever consider benefiting from this opportunity:
- E-Commerce: this is buying and selling of goods.
- Dropshipping: advertising a product that belongs to others and selling them for profits, leaving the original product owner to do the delivery. Dropshippers have nothing to do with delivery, they only advertise, sell and take profits.
- Travel System/VISA Services
- Transportation, Logistics and Sports.
- Restaurants And Importation of Cars from Abroad
- Advertising
- Services like Freelancing (i.e Copywriting, Graphics designing etc)
- Donation & Funding
- Booking Artisans and Online learning
So, if your business is among any of the above listed, you can find out more here as a seller(vendor).
Features Of Mysafepay.ng Company
Mysafepay.ng comes with some cool features and all are available on your dashboard as a registered member of the platform.
Here are major ones gathered as at the time of writing this report:
- Anti-Fraud Wallet To Wallet Payment System: you don’t have to worry over security as you have a unique wallet ID with maximum security whereby no one can have access to your funds during or after transactions.
- Bentcoin Can Also Be Used For Payment On The Platform: Bentcoin was invented by Mysafepay and it’s not a Cryptocurrency yet, though the company hopes to make it a Cryptocurrency later in the future. The major purpose of inventing it is to serve as a major tool for exchange of goods and services and payment of rewards to all Mysafepay.ng members both affiliates and partners.
- Live Website For Promoting Vendors(Sellers) Products/Services: as a seller/affiliate, you have an opportunity to showcase your products/services to lot of people that would be visiting your website(online store) and thereby increases your sales and your profits.
- Smart Boss Approach (SBA): this is one of the features of Mysafepay.ng that allows you as an Affiliate/Partner to make money with the company without involving yourself in the work process. They have in place Sponsored Facebook Ads you can use to get as many business partners to work with as little as #3,500 as at the time of writing this article with the expectation of having at least 200 contacts of people you can work with. They also make provision for hired trainers to train your team if you don’t have the time or energy. In short, they make the whole process easy for anyone who wants to partner with the company without having to involve yourself in the activities to make money passively. So, if you’re the one that don’t have the time for referring, you might want to get the SBA methodology to earn passive income with the company.
- Integration of Easy Payment Access: for example, making payment of #500 with Paystack using bank transfer takes just less than 2 minutes while testing it. You can also use different payment methods that serve you best.
- Quality Management Team: you get to meet business partners within your city and also get support from State coordinators in case need be. You also get immediate support from the WhatsApp agents anytime you need them.
- Certifications For Partners: Mysafepay.ng offers certificates both legal binding and course completion certificates to all affiliates or any member who upgrades to become a partner in the company. Registration is FREE for becoming a member of the company either as buyer or as a seller but, to start making more cool profits with the company, you will need to upgrade to an affiliate with #2,000 and to partner with #5,000 as at the time of writing this post. And you can earn up to 20% of total referral revenue as a partner in the company with LEGAL DOCUMENTS BACKING. Here are both there legal binding agreement and Partnership Certificates below:
So, if you are already thinking of how you can you join Mysafepay.ng and be part of the early adopters to start making money online with them after you consider your option.
Read on to discover more hidden secrets in this Mysafepay.ng review.
Ways To Make Money Online With Mysafepay.ng
There are bunches of ways to make money with this company that I’ve extracted out.
And this is what this article on Mysafepay.ng review will do another justice to in a minute.
I know this is the part that 90% readers of this article is actually waiting to see.
And I have demystified them for you to understand step by step in the next section.
So, let’s dive into it!
- Free Course Completion Bonus: you earn an instant 20 Bentcoins which equals #2,000 in value for taking and completing their course which is a walk through of what Mysafepay.ng is all about and different ways it can be of benefits to you and your friends.
- Free Partnership Upgrade Bonus: you earn an instant 100 Bentcoins Bonuses which equals #10,000 in value for upgrading to partner level which is the highest level that gives you an opportunity to have all possible earnings in the company and presently you can upgrade with just #5,000 as at the time I put this article together.
- Sharing of your given website link to Facebook Daily: Without referral, as a Seller, Affiliate/partner or Dropshipper on Mysafepay.ng, you earn 1 Bentcoin (BC) daily which equals #100 in value and that means in 30 days, you make #3,000 just on that simple task alone.
- Mysafepay.ng Ads Pay Per Impression: you can also submit your website to Mysafepay once your website has been getting good number of traffic and you’ve shared your website link to Facebook for 30 to 45 days. Once your website is approved, you will begin to make money from their Ads being displayed on your website. You can make up to #50,000 monthly depending on the volume of traffic generated to your website.
- Affiliate Commissions Based On Percentage: you make 20% commission revenue on everyone you show this opportunity and help to see the opportunity of becoming a member of the company. For example, let’s say you have 200 people you introduced to this company, and they make #20,000 from Ads each which is #4,000,000 in total. Your 20% revenue from this will be #800,000 monthly.
- Affiliate Commissions On Website Sales: you earn #100,000 commission a month by guiding and showing 200 people how to get and use the vendor/dropshipper’s website to promote there products/services. This is achievable because, you make #500 each automatically on each of the 200 people you help to discover this Mysafepay.ng marketing website opportunity.
- Affiliate Commissions Life Earnings On Website: After you earn #500 each as direct payment on the first 200 people you help discover this website opportunity, you also earn #200 on each of their website renewal every month and that makes you another profits of #40,000 per month.
- Affiliate BIGGER Picture Commissions: you also earn 20% commission on each of those you help discover Myseafepay.ng as a compensation for your marketing efforts. Imagine each of your 200 people you show this opportunity earns #40,000 per month, you get 20% of all their revenue which totals to #1,600,000(1.6 Million Naira) for you every single month!
The points above are just few ways you can earn with Mysafepay.ng because.
while I looked up their plans for the future, they have more features to add and more revenue channels for both of their Affiliates and Partners.
And if you want to find out more on this revenue process and how to make more money with Mysafepay.ng, you can go here to register and take their course for FREE.
You will get 20 Bentcoins for course completion which equals #2,000 and it will take you less than 2 hours to finish the course.
Mysafepay.ng Pros And Cons
Mysafepay.ng Review: Pros
- It’s FREE to join the platform
- Maximum security for payment processes
- Plans in place for those who can’t refer
- Payment with Bentcoins that can appreciate in value
- Solves a particular unique problem of online fraud
Mysafepay.ng Review: Cons
- Business is still new
- payment in Bentcoin will be available after 25th October
- Partners 100 BC upgrade Bonus to be withheld after 25th October
Mysafepay.ng FAQs
What is Mysafepay.ng?
Mysafepay.ng is a brand new website that provides Anti-Fraud solution to an online scam or frauds which protects both buyers and sellers from getting duped or scammed during online transactions.
Is Mysafepay.ng Legit?
The website now has over 2,000 registered members and over 1,000 Partners.
And none of them has negative experience with the company so far as the company keeps adding more profitable features to the website.
Though, the company is still new and propose to activate payment of Bentcoin rewards after 25th of October.
Even though, provisions have been made for this on the website, you just need to select the “Sell Bentcoin To Us” button and get your earned BC converted to Naira then, you can cash it out to your local bank account.
But, pending the time Bentcoin will be activated, you have the opportunity to earn in Naira and withdraw your earnings to your local bank account or use it to purchase goods or services on the website.
And with the popular Theater Artist Femi Adebayo as the face of Mysafepay.ng company and the legal binding agreement provided by them, I think this is more of an assurance that the company will run for a long term to achieve their Billionaire goals as well as share profits with their partners as signed and also as seen in this Mysafepay.ng review.
So, in my opinion, I will say Mysafepay.ng is legit and reliable to consider joining and building passive income for yourself.
Is Mysafepay.ng a Registered Company?
Yes, Mysafepay.ng is a registered company as Limited Liability Company (LTD) in Nigeria under Corporate Affairs Commission(CAC) with registration number “RC:1602418”.
Is Mysafepay.ng Really Paying?
Yes, it is paying and you can withdraw your Mysafepay.ng earnings in Naira for now.
Though company promises to launch their Bentcoin Trading Market Place and payouts where you can convert your Bentcoins to Fiat(i.e Naira) after 25th October since the company is still new and adding more features everyday.
But, I will update this thread and keep you informed immediately they launch the Bentcoin Trading platform.
But, as told by one of the Co-founders (Ade) and many of the site users, this would be the right time for anyone to come in and become partners of the company to earn as much BC as possible before the BC market is launched for maximum profits.
Conclusion – My Final Thoughts
Mysafepay.ng is a website with a brand new business model and members get payed by using the site and inviting many users to the platform as you’ve seen in this Mysafepay.ng review.
This business model is just like this website that rewards their affiliates for introducing more people to their solution platform for anyone who wants to discover how to build a long-lasting profitable business online.
Conclusively, I recommend this site as a way to make money online.
I know it might be a bit difficult to make clear judgment on the site because the site is new.
But, if this site starts paying, it is a business model that guarantees long-lasting profits as it will be reliable to make passive income from home and also transfer ownership to your kids and loved ones.
If you would like to join Mysafepay.ng earning program and get trained with the latest information about the platform, then register here and then proceed to join our Telegram community here.
I’ve just been able to give you detailed Mysafepay.ng review.
I hope you found this Mysafepay.ng Review helpful?
Henceforth, you know what is Mysafepay.ng, how it works, how best to make money with it online and how you are in a position to use this information to make an informed decision that can shape your Millionaire lane, secure your present/future bills and give you financial freedom.
Recommended post: ideas to start your own business
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Mysafepay.ng
0.00Pros
- FREE to join the platform
- Maximum security for payment processes
- Plans in place for those who can't refer
- Payment with Bentcoins that can appreciate in value
- Solves a unique problem of online fraud
Cons
- Business is still new
- Payment in Bentcoin delayed till 25th October
- Partners 100 BC upgrade Bonus to be withheld after December
Wonderful review, thanks.
You’re welcome Nwadiuru.
I’m glad you found the review helpful.
Thanks for stopping by to let me know.
Thanks so much Mike for this well detailed review. It has helped me understand what mysafepay.ng is all about and how I can benefit from their packages.
Hi Godson, thanks for stopping by to let me know how the Mysafepay.ng review has helped you.
I believe you can make a decision on it with all you’ve been exposed to on this post.
Best of luck bro.
Nice review, it gives a better understanding to mysafepay.
Thanks for letting me know Chimdiebere.
Glad you found it useful. Thanks for stopping by.
Hello Thank you for this review but how do they ensure that either the buyer or seller doesn’t lie about the quality and neatness of a product before or after delivery?
Hi Keith,
You’re welcome. Glad you found the article useful.
On your question, I think there is already a plan for both buyers and sellers to be in agreement before a transaction is done.
And also, buyers can use a button on the website to express a dissatisfaction over a product received if by chance he’s not satisfied with it and the company wouldn’t release funds to the seller.
The seller only receive the funds only when the products are delivered safely and the buyer too is satisfied.
Hope that answers your question.