Saturday, February 27, 2010

Upbux Turns Scam

It's been a sad, deceptive and somehow sneaky exit by Upbux from the Paid-to-Click world. Upbux has been around for about more than a year, and has been insofar a very stable PTC site that has always paid its members within minutes of clicking the cashout button. Second only to the legendary Neobux, Upbux has been popularized by its ease of use, consistent amount of advertisements, and large supportive userbase.

About two weeks ago before this post, Upbux has declared its PayPal account frozen, blaming PayPal for being a possible scam due to its consistent paying record. Upbux administration once tried to get its members to help out, by emailing PayPal to reactivate their account to keep the site running. Of course when PayPal freezes an account, all funds are also frozen. Later, a statement made by Upbux said how PayPal would completely ignore them, taking away all their money. PTC Investigations narrates the full account from Upbux here.

My speculation? Upbux could be bankcrupt and has completely stopped paying their members, or PayPal has honestly frozen their account due to various member complaints, or PayPal has frozen their account due to Upbux paying to unverified email accounts. It is highly unlikely that PayPal would actually become a scam as it is currently under the jurisdiction of Ebay (and as such, is the lifeblood of global e-commerce). It's also a much bigger company than Upbux, and would most likely not risk its reputation as one of the top payment processors online.

Of course, this would discourage PTC users everywhere. If Upbux has gone down, what would happen to the rest? I just hope that the PTC industry could actually get back on its feet and rise to the likes of Neobux which is still a trusted site to date.