Pay Diamond Review – Legit Network Marketing Company or Big Scam?
Hey, welcome to my Pay Diamond Review!
Chances are someone approached you about the business opportunity and you went on Google to do some research and landed here right?
I know there has been some buzz about the company so a lot of people are pushing it, but I am glad you are doing your research.
In this blog post, I am going to walk you through the company, products and compensation plan so you can make the right decision…
Make sure you PAY close attention and read this tot he end because I reveal shocking truths that will help you make the right decision to join or not…
Let’s dig in shall we?
Pay Diamond Review – What Is It?
For some reason, Pay Diamond decided not to put any information about who actually runs the company.
I decided to check out the Pay Diamond domain “paydiamond.com” and found out it was registered on December 26th, 2014.
I did find out that the domain was updated November 27th, 2016 and listed PayDiamond Marketing & Sales Limited as the owner with a virtual office all the way in Hong Kong.
Most of the traffic is coming from South Africa, Brazil to be exact which actually makes sense…
The default language on the website is Portuguese.
Makes sense right?
Just weird they claim they are in Hong kong…
Anyway, let’s check out the products next in this Pay Diamond review…
Pay Diamond Reviews – The Product Line
Unlike the other Pay Diamond reviews out there, I want to give this company a chance so let’s see what kind of products they have…
After doing my research, I found out it has no retail products or services for sale, but you can promote the affiliate membership.
I did find out they have some kind of investment opportunity by buying/selling Diamonds, but so far there isn’t any proof of that.
Companies with legit products and services can be found here:
- Yoli Review – Legit Business Opportunity Or Scam?
- Direct Cellars Review – Legit Opportunity or Another Scam?
Next let’s take a look at the compensation plan.
Pay Diamond Compensation Plan
Once you get started with Pay Diamond, you must invest money in the company on a promise you will get a 50-week ROI.
Check out what that looks like:
- Joy – Invest $200 and receive a $10 weekly ROI
- Light – Invest $400 and receive a $20 weekly ROI
- Plus – Invest $1200 and receive a $60 weekly ROI
- Master – Invest $3600 and receive a $180 weekly ROI
- Premium – Invest $36,000 and receive a $1800 weekly ROI
Pay Diamond pays people to sponsor new members into the company. The amount you get will demand on how much your personally enrolled member invested:
- Sponsor a Joy affiliate and receive $5
- Sponsor a Light affiliate and receive $10
- Sponsor a Plus affiliate and receive $30
- Sponsor a Master affiliate and receive $100
- Sponsor a Premium affiliate and receive $1000
Residual Commission Payout
You can get paid residual commissions through a matrix and binary compensation plan.
Let’s talk about the matrix one first…
Matrix Compensation Plan
Pay Diamond pays members through a 3×10 matrix compensation plan which can be filled directly or indirectly.
You earn 50 cents commissions for each member in the matrix.
Binary Compensation Plan
Inside of the binary compensation plan, you get two legs and every position under you also get two positions.
The binary can also get filled up directly or indirectly by your upline, you or your downline members.
This works with a point system which looks like this:
- Joy – 50 points
- Light – 100 points
- Plus – 300 points
- Master – 1000 points
- Premium – 10,000 points
At the end of each day, all of the points are added up on each leg and you get paid on the weaker leg (50% commissions).
Any left over volume is rolled over to the next day.
To qualify for the binary compensation plan, you must sponsor at least two people.
Joining Pay Diamond
There is a monthly membership in Pay Diamond but isn’t disclosed for some reason.
There are also one-time packages which look like this:
- Joy – $200
- Light – $400
- Plus – $1200
- Master – $3600
- Premium – $36,000
Conclusion On Pay Diamond
When I reviewed Pay Diamond, a few red flags popped up…
I personally want companies to succeed and be legit, but I am not going to lie about it.
First, where are these investments actually going?
Are you investing in real diamonds?
If Pay Diamond indeed are investing in diamonds, do they have proof to back it up?
So far there has been no proof of any of it…
You don’t get a ROI until the 50 weeks are up and let’s face it not many companies can go that long without a legit product to back it up.
My biggest red flag is where is this company actually run from and who is behind it?
I personally never join a company where I don’t know the leadership.
Majority of these companies go under and start up another one to repeat the process.
Because no one is accountable, it can be done over and over again…
Don’t fall for that…
Unless someone in Pay Diamond can prove all of my concerns are indeed true, I will change the verdict.
As of right now, I do NOT recommend this company.
Thank you for reading my Pay Diamond Review and if you have any questions, please leave them in the comments below…
My personal recommendation (totally optional of course)…
I have been in the network marketing field for three and a half years and have made multiple 7 figures in that time frame…
Picking a company that provides value and the right training is KEY to your success.
Anyway, after reviewing hundreds of companies and systems out there…
It’s the only system out there where you will learn step by step on how to build a business online with the right training’s, tools and one one one coaching to help you start up, setup and scale this business.
Don’t believe me?
Take a look at my recent results below where I had a $12K+ day!
Now I know that was my results, now you are wondering if it can be duplicated which is very important right?
Take a look at my team members below and see how they are crushing it.
In other words, my members are winning here 🙂
You will thank me later 🙂
Follow me on Social media below:
See you at the top,
P.S. Sign up for my news letter below and transform your life now…(serious people only).