In this digital world, opportunities for online investment and earning rewards have increased rapidly, offering individuals enticing avenues to grow their wealth. However, amidst the sea of legitimate platforms, there exist websites that promise lucrative returns but fail to deliver.
One such platform that has recently gained attention is we-pay.shop, an online investment website launched in Nigeria. Claiming to offer users significant returns on their investments, we-pay.shop presents an attractive proposition.
But beneath the surface, questions linger: Is we-pay.shop a legitimate opportunity for investors, or is it merely another scam waiting to ensnare unsuspecting individuals?
Understanding we-pay.shop
We-pay.shop presents itself as a platform for online investment that offers users significant returns on their investments. With its dual reward system that offers Naira and USDT (a reliable digital asset), the platform seems to provide customers a flexible way to make money.
By accommodating different income preferences, we-pay.shop hopes to draw in a wide user base through activities like surveys and referrals.
We-pay.shop Red Flags and Concerns
1. Not Telling How They Make Money
we-pay.shop doesn’t explain how they’re able to give you back so much money. Legitimate businesses usually tell you how they make their profits, but we-pay.shop keeps this information secret.
2. No Physical Address
Another cause for concern is the absence of a physical business address for we-pay.shop. Legitimate businesses typically have a registered office or address where they operate, but we-pay.shop provides no such information, leaving users in the dark about its whereabouts.
3. Unknown CEO
A trustworthy company usually has a known leader. But we-pay.shop doesn’t tell us who their CEO is, which makes people wonder who’s really in charge.
4. Not Registered as a Company
Despite operating as an investment platform, we-pay.shop is not registered as a company, which is a legal requirement in most jurisdictions. The absence of proper registration further casts doubt on the legitimacy of the platform and its operations.
How to Create an Account on We-pay.shop
- Visit: https://www.we-pay.shop
- Fill-in your Phone number .
- Set your password (at least 6 character length).
- Input referral Code (optional).
- Click on the “sign up” button.
How to Recharge Your Account on We-pay.shop
- Click on “my” from the bottom menu.
- On the dash board, check below the NGN-card you will see “Recharge” button, click on it. This will take you to the Recharge Page.
- On the recharge page, Click on the amount you wish to recharge with and select payment method (Shpay or bank transfer).
- Select “Bank transfer” for easy payment.
- Make a transfer of the exact amount to the displayed account details( make sure you screenshot the transfer receipt).
- Come back to the payment page, fill-in your name(that’s if you made the transfer from your personal account).
- Click on the select and select the payment receipt you made and click “I have made this transfer”.
- The money will reflect in your balance.
We-pay.shop investment packages
Naira Plans
- Name: Paypal 3500, Price: N3500, Daily Income: N175, Total Revenue: N7000, Validity period: 40 day.
- Name: Paypal 5000, Price: N5000, Daily Income: N250, Total Revenue: N10000, Validity period: 40 day.
- Name: Paypal 6500, Price: N6500, Daily Income: N375, Total Revenue: N15000, Validity period: 40 day.
- Name: Skrill 15000, Price: N15000, Daily Income: N750, Total Revenue: N30000, Validity period: 40 day.
- Name: Stripe 35000, Price: N35000, Daily Income: N1750, Total Revenue: N70000, Validity period: 40 day.
- Name: Paystack 55000, Price: N55000, Daily Income: N2750, Total Revenue: N110000, Validity period: 40 day.
- Name: Paga 1200000, Price: N120000, Daily Income: N6000, Total Revenue: N240000, Validity period: 40 day.
- Name: Flutterwave 250000, Price: N250000, Daily Income: N12500, Total Revenue: N500000, Validity period: 40 day.
USDT Plans
The USDT plans is equivalent to that of Naira plans; so if you wants to invest, we advise you to invest in Naira, since even the withdrawal is also in Naira.
How to Purchase a Package on We-pay.shop
After funding your account, follow the below steps to purchase an investment package.
- Click on “Order” from the bottom menu to see available packages
- Select the package you wish to invest in.
- Click on “Buy”.
- It will automatically be activated.
Watch the below video for complete We-pay.shop operation Guide
Conclusion: Proceed with Caution
Based on our analysis, we-pay.shop exhibits several characteristics commonly associated with fraudulent schemes rather than legitimate investment opportunities. The lack of transparency, absence of a physical address, unknown CEO, and unregistered status raise significant concerns about the platform’s credibility and trustworthiness.
For individuals considering investing or participating in we-pay.shop’s activities, it is important to exercise caution and conduct thorough due diligence. Researching the platform, seeking independent reviews, and consulting with financial experts can help mitigate the risks associated with potential scams.
In the space of online investments, staying vigilant and informed is recomended to safeguarding one’s financial well-being. While the allure of high returns may be tempting, it is essential to prioritize prudence and skepticism when evaluating platforms like we-pay.shop. After all, when it comes to investing, it’s better to be safe than sorry.
Thank you