1. Upaycard Ltd Denmark Ltd
2. Upaycard Ltd Denmark International

Upaycard would not honor bank wire Upaycard would not honor bank wire request I have been a customer of Upaycard for over a year. To be fair, up till now it was excellent. I got BTC payments and it was a place for me to convert the crypto to euro. It was working like a clock. Till my last withdrawal to my bank account request. Easily order a rechargable credit card online, for use in stores, online and abroad! Load ILS, Dolalrs or Euros. UPayCard Global, secure and comprehensive eWallet and MasterCard payment solution, accepting worldwide users.

Upaycard is a free and open – source online platform that delivers high quality payment solutions while compared with the competitive rates of the market. It facilitates the easy transfer of money from one account to the other. It does not take the responsibility for the usage of data charges from the wireless service provider of the user. (Link to Official Page)

The main responsibility of upaycard is to allow withdrawal or deposition of funds and processing of payments. The users can utilize the banking features of Upaycard even through their mobile devices. Such features include:

Alerts through SMS: If an user’s account is accessed, he will immediately get an alert regarding the usage via SMS or message.

Balance requests: This feature permits the users to track information about the current balance in their accounts.
Acivity requests through SMS: This feature allows the users to make activity requests by sending SMS.
Security keycode through SMS: This feature provides safety to the users’ accounts by sending an SMS verification code, in case of any login performed in their accounts.

UPayCard and Bitcoin:

UPayCard offers a global payment solution with multiple services and competitive rates. It’s e-Wallet has numerous currencies and can be loaded using different ways including Bitcoin, Alipay and WeChatPay. UPayCard e-Wallets offers a full Bitcoin Exchange. Which means customers are able to store, exchange to other currencies and withdraw.

Recommended post: 23 Best Bitcoin Debit Cards

Unique features of Upaycard:

• It is a highly secure payment gateway that is used all around the world.
• It holds an online wallet (e – wallet) for the safe storage and access of the users’ funds.
• It offers global and cost effective payment services in an instantaneous way.
• It facilitates the management of funds and offers a wide variety of valuable services to its users.
• It imposes only very low transaction charges, thereby helps the users in saving their money.
• It avoids fraudulence issues by using several kinds of operational and technical methodologies.
• It allows the users to make payments via multiple currency types. This can be achieved with the help of its State – of – the – art payment mechanism.
• It holds a strong and professional customer support team, which is available on a 24*7 basis.
• It provides a facility of chat support, which is very much useful for the users to solve their queries at an instant manner.
• It facilitates the movement of funds into multiple accounts in a simple and effective manner.
• It provides online statement for each and every transaction performed on the users’ accounts.

Payment Options:

Upaycard accepts payments via the following methods:

• Visa
• Master card
• Maestro
• Union Pay
• Poli

Fee for fund deposits:

• Percentage for union pay transfers: 1.2%
• Percentage for Alipay transfers: 1.2%
• Percentage for Bitcoin transfers: 1%
• Percentage for Wechat transfers: 1.2%
• Percentage for master card transfers: 1.2 – 2.9%
• Percentage for Visa transfers: 1.2 – 2.9%
• Percentage for Bank wire transfers (Deposit): free

Fee for fund withdrawals:

• Percentage for Bitcoin withdrawals: 1% while 2% for Express withdrawals
• Percentage for Bank wire withdrawals: 10 – 25 US Dollars

Charges related to Upaycards:

• Minimum limit for fund withdrawal: 10 Euros
• Charges for physical card access and shipping: 9.95 Euros
• Charges for the inquiry of ATM balance: 1 Euro
• Charges for the withdrawal of ATM funds: 3.5 Euros
• Charges for foreign exchanges: 3%

PHYSICAL CARDS

VIRTUAL CARDS

Applications of Upaycard:

Upaycard can be used extensively for the following:

• Online purchases
• Withdrawal of funds
• Transfer or exchange of funds

Hope you enjoyed this article on Upaycard review. Please share your experience and feedback with us in the comment section below.

Modeled on AdSurfDaily, StarAd24 sees affiliates invest in €50 “promotion packs” and pay up to €1000 when they join the company (20 positions).

The STARAD24 Affiliate Programme combines several well known and well proven compensation plan models, and has created a above (sic) average and very profitable system.

Each €50 position pays out an eventual €60 ROI, with ROI funds sourced from subsequent investment.

StarAd24 went into prelaunch almost a year ago (August 2014), likely retaining prelaunch status so as to sell the “getting in on the ground floor” illusion to new investors.

Being a HYIP Ponzi scheme (only single-level commissions are offered), StarAd24 naturally requires a constant influx of new investors to fend off collapse.

In a recent presentation the company announced a “new payment system”, which was none other than uPayCard.

Towards the end of the call things got interesting when the issue of uPayCard providing processor services to uFun Club was raised…

Hosting the StarAd24 presentation were Herbert Leitner and Sarah Smus. They appear to either be top investors in the scheme or management (StarAd24 do not provide any management or ownership information on their website).

Also present was Mark Wheeler, identified as uPayCard’s CEO.

[3:58] My name is Mark wheeler, I’m the CEO of uPayCard.

Our company has been in business for almost two years.

A little bit about myself; I was fortunate to live in London for six years and during that period Visa International was my largest client.

And when I went back to the United States I joined Visa and I was a Vice-President in the International Market Development Division.

And then I left Visa and got into the internet business and I have been in the internet business since 1999 and have been working with prepaid cards for thirteen years now.

Most of the presentation is dedicated to walking StarAd24 investors through the company’s backoffice and integration with uPayCard.

At the [37:00] mark Herbert Leitner opens the presentation up for Q&A, with the first question asked pertaining to uFun Club.

[37:44] We have a comment here:

“uPayCard is in collaboration with uFun something run by Alain Brazille, a French guy which has been proved corrupt.

Ten seconds of awkward silence pass, before Leitner asks “What’s this?”

[38:11] The question is regarding the validity and legal foundation of uPayCard … whether it has any collaboration with uFun.

Mark Wheeler eventually responds to the question, clarifying uPayCard’s involvement with uFun Club:

[38:30] uPayCard has no collaboration with uFun.

It is in a discussion point right now, that we would provide them only loading services and commission payout services for a fee.

So we are simply a transaction processor for them. We have absolutely nothing to do with their business.

For those unfamiliar with the opportunity, uFun Club is a global $1.17 billion dollar Ponzi scheme.

The company is currently under investigation in a number of company’s, with criminal charges pending in Thailand.

Of note is that Wheeler’s comments during the StarAd24 presentation differ to what uFun Club affiliates have been marketing.

Upaycard Ltd Denmark Ltd

A few weeks ago BehindMLM uncovered uFun Club documentation that showed affiliates signing into uPayCard and conducting uFun Club related transactions.

These transactions were conducted under the business name “uPocket LTD.”, with there being no mention of uFun Club on any of the invoices uPayCard provided uFun Club affiliates.

Whether or not uPayCard are being used to pay ROIs to uFun Club investors as of yet is unclear.

I myself tried to get to the bottom of the relationship between uFun Club and uPayCard on May 29th:

I am writing to you about one of your clients, uFun Club, dba uPocket LTD.

Would it be possible to get a statement pertaining to uPayCard’s level of due diligence conducted before taking uPocket LTD on as a client?

uFun Club is currently under investigation in Thailand, Malaysia, China and Vanuatu. Thai police estimate it to be a $1.17 billion dollar Ponzi scheme.

Missing that with even the slightest due diligence conducted would be a difficult task, but I’ll give you the benefit of the doubt.

I look forward to your reply,

-Oz

My email was assigned a support ticket by uPayCard’s support department, but as of the time of publication I’ve yet to receive a reply.

Whether that’s indicative of uPayCard’s general level of support is unclear.

What is clear though is that between StarAd24 and uFun Club, uPayCard appear to be targeting very specific type of businesses as clients.

Whether or not that comes back to bite them in the ass remains to be seen.

Related Posts:

Upaycard Ltd Denmark International

1. uFun Club’s new payment processor is uPayCard- May 29th, 2015
2. Britain looking to thwart uFun Club IPO offering- Jun 19th, 2015
3. FBI & Australian authorities investigating uFun Club- Jun 4th, 2015
4. 2nd uFun Club warning issued by Central Bank of Brunei- Jun 26th, 2015
5. 13 uFun Club scammers plead not guilty (Thailand)- Jul 6th, 2015