Thread: Is the cancellation of all the merchants WD's a good thing?

I can sell 300,000 boxes of cookies... :-)

Originally Posted by beagle

I understand that their are some "opportunists" who may have seen this as a way to start a new home based business from their bedroom and make some money

So what if people saw that as a way to make money. THAT'S THE WHOLE POINT OF BEING A MERCHANT!! I don't think that the fact that some people decided to start this kind of business is the problem. once again, the time frame was not respected by picpay!! It's not because you are a new business that you are a crook!

Originally Posted by Freedom

amy-tpe and others.

1)Why do you come in here? 2)I’ve had a long day

1)because we can and have a right to state our opinion.
2)get some sleep

Originally Posted by Gonsaigon

My advice to every body is: Give the program at least six weeks,

HAHAHA!!! yep and then another 6 weeks, then another6 weeks, then....

Originally Posted by beagle

I don't think it has to do with not putting the information on your taxes.

If you purchase anything through the merchant system and you receive that product or service, then the dollar value of that product or service becomes taxable income to you

Working for the government, I can assure you it has EVERYTHING to do with your taxes. Simply put, the government does not trust you!!They don't trust people to state all their revenu or taxable benefits period. SO if you buy for 100,000$$ worth of VISA card and you don't put that money as a taxable event, the government ¨loses¨ approx. 30,000$ in taxes. So they want to prevent that and that is one of the reason so many benefits are being cut in recent years.

So what if people saw that as a way to make money. THAT'S THE WHOLE POINT OF BEING A MERCHANT!! I don't think that the fact that some people decided to start this kind of business is the problem. once again, the time frame was not respectrd by picpay!! It's not because you are a new business that you are a crook!

That is a good point as at the end of the day it would have helped many out in many ways as you rightly say "start a few on the ladder to business and help members to get something out"

For some us who have businesses already it has just caused a major headache! with extra stock - working hours - chasing payments etc etc and no communication. If they had done what they said in the beginning it would have been plain sailing for everybody.

Originally Posted by "ryder

1. They should of focused on banking platforms before offering support to merchants. Introduced it later.
2. They seem to have NO problem in getting a payment platform to take your money... just not give it back... a founder of one of the major groups suggested that they should not take in new members to prove they are legit... obviously that WOn't happen.

That's the way PIPS has been doing business from the get go. start a bunch of things all at the same time then losing control over important issues. Solidify your business then add on!! But hey I'm just a member

"Working for the government, I can assure you it has EVERYTHING to do with your taxes. Simply put, the government does not trust you!!"

And it is only a fool that trusts the government. Well they have to payoff the Federal Reserve, a private company, with our tax money for loans printed from fresh air.

See http://www.thehyipforum.com/message6...t-will-be.html

Originally Posted by ciarrai

And it is only a fool that trusts the government. Well they have to payoff the Federal Reserve, a private company, with our tax money for loans printed from fresh air.

all too true!!