Payza Pulled Out Of Coingeneration

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Mr White

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This company is getting more and more suspect in my opinion.

This is what payza emailed CG.

"In any relationship, it is important for us to know our clients and have confidence in their activities. Unfortunately, we feel that we cannot achieve the requisite level of comfort with you or the operation of your account. Therefore, after careful consideration we must advise you that we are not in a position to continue our business relationship with you.

As we are no longer in a position to provide service to your business, we kindly ask that you transition to an alternate provider that may be better suited to meet your business needs.
Please know, our intent is in no way to hinder your business however we advise you to remove all Payza Buttons and Payza related references from your website. At this time, you will no longer be able to receive any more payments through Payza, all funds in your Payza account have been placed on hold, and access to your Payza account has been restricted.

All funds will be held for a probationary period of 180 days in order to cover against any and all reversals, chargebacks, disputes, and fines. You may contact us after this period for a full reassessment of any remaining funds in the Payza account."


At the present time we witness a situation where majority of members have purchased threads however we have not received actual funds from Payza yet. Taking into account the current turnaround we have resolved the following: All users that paid us through Payza will have their earnings blocked except for trial thread earnings.

Blocked users have the following options available:
* Use another payment method to complete your transaction.
* Wait until we receive your payment from Payza.
* Request refund of funds from Payza.

We suggest members that used Payza to contact them directly to revert all made payments and use the direct credit card funding option instead. There are no guarantees we receive your funds from Payza therefore all recent deposits will be rejected.

Trial thread payments will NOT be affected in any way, please use another payment method to request payout of your earnings until we have our custom processing solution in place later this week.

We would like to apologize for this inconvenience and possible delays processing your requests at the moment."
 

inflameous

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Didn't you know that coingeneration steals identities, record calls hack your email and other accounts, just get rid of it, it's clearly a scam.
 

Mr White

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inflameous said:
Didn't you know that coingeneration steals identities, record calls hack your email and other accounts, just get rid of it, it's clearly a scam.

Got $27 I want to withdraw.
Is there any retailers that use egopay?
 

Mr White

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Antigen said:
I already stopped using it.

Got my money coming out to Paxum/
Waiting approval.
 

Noxite

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CoinGeneration is a total scam.
The whole CoinGeneration system will collapse within the next 8-12 months.
 

Mr White

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Noxwire said:
CoinGeneration is a total scam.
The whole CoinGeneration system will collapse within the next 8-12 months.

100% agree with you there.
I just hope this forum does not get spammed with
"OMG I lost $500 threads" lol
 

inflameous

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Noxwire said:
CoinGeneration is a total scam.
The whole CoinGeneration system will collapse within the next 8-12 months.
I'm sure it will fall in the next couple of months, no way this pyramid scheme stays that long.
 

hammerK

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Haha, Im glad that I never signed up at this bs site
 

inflameous

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NUMB3R44 said:
Noxwire said:
CoinGeneration is a total scam.
The whole CoinGeneration system will collapse within the next 8-12 months.

100% agree with you there.
I just hope this forum does not get spammed with
"OMG I lost $500 threads" lol
I know people that bought 100 threads, I just can't understand them. This is a clear scam.
 
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