anyone know about virtapay?

Malaysia
July 4, 2012 9:06am CST
virtapay has been online for 2 years, but i came to it only this year. actually what is virtapay? does anyone know about it? and what use is that? i saw from the site, people can exchange the virtapay into real currency, but then is there any free website that can be used to exchange virtapay? i try a lot of website but they need to purchase the software to proceed to the exchanger. anyone here try before? if you are, please share your experience here, thanks.
3 responses
• Philippines
4 Jul 12
virtapay is a scam and a plce for scammers. you don't earn real money there. the money you will earn is virtual money which is a waste of time. most of the products sold are useless. there's no way you can exchange virtapay money to other e-currencies like paypal or payza. if there is? it is a scam.
@jkct02 (2874)
• Kota Kinabalu, Malaysia
4 Jul 12
VirtaPay is a site that deals in virtual currencie - VirtaPay is a site that deals in virtual currencies. But is it legit?
Yes, I agree with you. There is no way that those money they said that you could accumulate daily by just signing on the site would ever be useful in the real world. This site has been in development mode since ages ago. It is a waste of time.
• Malaysia
4 Jul 12
oh i see, then i will be aware about this site, not to waste time to think about how to find exchanger anymore =) thanks for the sharing
@trinale (1479)
• United States
6 Jul 12
No one has tried it before Dorothy because it's big 'ol scam that's been around just a year now. Prior to that, they were going by the name Paybox.me. Back then, they were offering people the opportunity to sign up for what they dsif would be a future payment system to compete with Paypal. I found this bit of info useful: While none of the following by itself is sufficient to show that VirtaPay is a scam, the combination of all of the following makes it extremely unlikely that it isn't a scam. - They have continued to add more and more of the virtual currency to everyone's account and so the value of that virtual currency has gone steadily downward. Where originally their virtual dollars might have been considered to be equivalent value in their system to say US dollars, the additional virtual dollars issued since they started means that you would now have to discount their value to less than one thousandth of that - say $1000 VirtaPay dollars is perhaps equal to one US dollar (and probably a lot less by the time you read this). - They have started building a system to allow buying an's selling twice now. The first one worked better than the second but was scrapped and they started over. - Their terms for use of each of these test payment systems has been that only electronic goods can be sold and yet with neither of the two systems have they ever built the extra part to the system that allows electronic goods to be securely handled. In each case they have only built the part of the system that would be needed for processing of physical goods. - By allowing far too many people into their test system they collected all the scammers from elsewhere and so they ended up where 99% of the products offered for sale are all scams themselves and with the way their system works it would be pure luck to find the genuine product to test with. - They used the fact that they allowed all the scammers to join as justification for making two further changes that make their system totally unusable for any legitimate purpose. First they imposed an upper limit on the price of any goods being sold to $25 VirtaPay dollars - that's about two cents or less in real money. Then they changed their signin process so that only people with verified FaceBook accounts can sign in. Now to verify a FaceBook account you need to give FaceBook either your mobile phone number or credit card number. FaceBook doesn't consider anyone who doesn't have either of these to be a real person. This first off means that all the real people who FaceBook claims don't exist were immediately locked out of their VirtaPay account. In addition anyone who doesn't want FaceBook broadcasting their phone number and credit card details to the world will also have refused to input those values (given FaceBook's total disregard for people's privacy when it suits them to disregard it) and so anyone who wants to keep those personal details private will also have been locked out. - There's no way to contact the owners to report any problems - at least nowhere easy to find. Their blog does keep mentioning customer feedback so that gives the impression that there is a way to contact them. Hope the info helps. Cheers, Stan
@olliekobra1 (1825)
5 Jul 12
i have never heard of this website but i dont think that i like the sound of it, it sounds like a scam to me so i think i wouldnt bother with it.