Welcome to my PetronPay Review.
Somebody probably told you about PetronPay…
Now you are interested.
However, you’re worried that the program may be a scam.
You are not wrong for worrying. The reality is that they promise income results and that’s just way too good to be true.
So here’s what we know so far…
Ownership of PetronPay is unknown. Their website does not mention a single name of the staffing or the CEO.
The company has been operating since December 2019.
Their YouTube channel is questionable. Each video looks like it includes a paid actor.
Since May of 2020 they have been uploading videos.
According to their website data, visitors are mainly based out of Africa.
At some point the name Johnny Grant came up and he was said to be the CEO.
However, I think he’s a paid actor.
No proof of him existing can be found on the internet.
They do have a business address, but it doesn’t even matter.
PetronPay has been confronted by Swiss authorities and they issued a security fraud warning.
This pretty much confirms they are involved in fishy behavior.
Their investing angle is that Petroleum provides a coveted investment product. PetronPay claims to work with large refineries.
However no proof of this has been provided.
PetronPay Compensation Plan
Members are convinced that PetronPay can provide up to 0.2% to 2.5% daily ROI without fail:
- Barrel 25 – $25
- Barrel 50 – $50
- Barrel 99 – $99
- Barrel 249 – $249
- Barrel 499 – $499
- Barrel 999 – $999
- Barrel 1999 – $1999
Investors get a 300% return on either package.
There is no limit to how many times you can invest. However, you must wait until your current investment has fully matured before investing agian.
Affiliate members hit ranks as they recruit. There is a total of 12 titles you can reach, each having their own criteria:
- Star – generate an accumulated 3000 points in your weaker binary team side
- Two Star – generate an accumulated 6000 points in your weaker binary team side
- Three Star – generate an accumulated 15,000 points in your weaker binary team side
- Ruby – generate an accumulated 25,000 points in your weaker binary team side
- Emerald – generate an accumulated 100,000 points in your weaker binary team side
- Sapphire – generate an accumulated 250,000 points in your weaker binary team side
- Diamond – generate an accumulated 750,000 points in your weaker binary team side
- Ambassador – generate an accumulated 1,500,000 points in your weaker binary team side
- President – generate an accumulated 3,000,000 points in your weaker binary team side
- Emperor – generate an accumulated 6,000,000 points in your weaker binary team side
- Diamond Emperor – generate an accumulated 10,000,000 points in your weaker binary team side
Commissions are paid using an unilevel compensation plan.
There is max amount of levels, stopping at 6.
Through the 6 levels, you are paid 10%.
- Level 1 (personally sponsored affiliates) – 50% (of 10%)
- Level 2 to 6 – 10% (of 10%)
PetronPay offers residual income through a binary compensation plan.
Levels will be filled through your own personally efforts (directly) or through your downline (indirectly).
Each level also known as barrels has it’s own point value.
- Barrel 25 – 5 points
- Barrel 50 – 10 points
- Barrel 99 – 20 points
- Barrel 249 – 50 points
- Barrel 499 – 100 points
- Barrel 999 – 200 points
- Barrel 1999 – 400 points
These points are totaled up with each side in mind.
You can expect to earn 50% based on your weaker binary side.
You can also expect to earn 50% based on your teams binary side.
They do offer rollover in points.
Three Star Bonus
Each 3 people sponsored by you will activate the the Three Star Bonus where you get 10% more off their first investment.
Rank Achievement Bonus
You may receive a one-tine rank bonus for hitting any of the titles below:
- qualify at Star and receive $100
- qualify at Two Star and receive $200
- qualify at Three Star and receive an iPhone and Apple Watch
- qualify at Ruby and receive a MacBook
- qualify at Emerald and receive a trip to Cancun and $1000
- qualify at Sapphire and receive a trip to Europe and a “game ticket”
- qualify at Diamond and receive a Mini Coupe from BMW
- qualify at Ambassador and receive a Jeep Cherokee
- qualify at President and receive a Mercedes Benz Class G
- qualify at Emperor and receive a Porsche Carrera
- qualify at Diamond Emperor and receive a house worth up to $250,000
To join, you must go with one of the following plans:
- Barrel 25 – $5 admin fee + $25 investment
- Barrel 50 – $5 admin fee + $50 investment
- Barrel 99 – $10 admin fee + $99 investment
- Barrel 249 – $15 admin fee + $249 investment
- Barrel 499 – $15 admin fee + $499 investment
- Barrel 999 – $30 admin fee + $999 investment
- Barrel 1999 – $30 admin fee + $1999 investment
PetronPay puts up a great sales pitch.
However, were not here to listen to things that sound good.
We need to know the actual truth. Is this company actually worth joining?
Good thing this is an unbiased review.
My Final Words
My first concern in all of this is that nobody has taken ownership of PetronPay.
Moreover, the website talks a lot about how they work.
However, they have not once shown any real proof to back up anything that they say.
Giving them the benefit of the doubt would be ridiculous, especially since they have already been hit with a security fraud warning.
If they continue at this rate, they will be in big trouble.
As much as I’d like to think this is some lucrative investing opportunity, we have to accept the facts.
The likely nature of this opportunity is that they are a Ponzi scheme.
They use the investment of new members to pay off older members. It works for a short period of time.
It will without a doubt crash soon and people will lose money.
Thanks for reading my PetronPay Review.
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