Review of RazorPay

Hello Everyone. How was your weekend? Mine was full of activities. Well, it is a new week and I have a programme that I want to review today, it is called RazorPay, I just joined it nevertheless I will not say it is a completely new programme since it was launched on 07 June 2012. So lets go into it straight away.

RazorPay offers two basic plans know as The Duluxe Plan and Diamond Plan. For you to join The Duluxe Plan, RazorPay requires a minimum of $20(which is a little above minimum industry requirement) from you and it promise to pay you 7.5% daily for 20 calenday days, that is, weekend inclusive, leaving you with a total of 150% at expiry. Note that RazorPay will not return your principal at expiry because it has been factored in, in your daily payment. This also means that you will be in the profit zone in 14days. Lets assume, you invested $100, RazorPay will pay you $7 daily and after 20 days, you will have a total of $150 while $50 is your clear profit and $100 your original capital. The maximum you can invest in this plan is $30,000. No compunding is required or accepted.

The other plan, The Diamond Plan runs for 8 days with a minimum investment pegged at $250 and maximum $30,000 just like in the former plan. RazorPay promises to pay you 18% daily for the 8 days validity period which will give a total of 144% at expiry. Again, Razorpay will not return your prinicipal as it is already factored in the daily payment. Even though this plan is less profitable compared to the former, it puts you in the profit zone quicker especially for investors who want to see profits quickly. Also, lets assume monetarily that you invested $250, you will receive $45 daily for 8 days with a total of $360 at expiry while $110 is your clear profit, not bad for 8 days work lol. Truthfully, investors who trusted RazorPay when they launched are already in profit in this plan and this a boost on the popularity of RazorPay.

In terms of payment processors, RazorPay has done well with respect to the general acceptance of payment processors. RazorPay accepts Liberty Reserve, Perfect Money, SolidTrustPay and of course Payza. In the case of Payza, payment is accepted manually as their business account with Payza has not been approved yet. Of course you have to log into members area to make deposit for the other payment processors but for Payza, you have to follow these steps according to the Admin:

How to invest with Alertpay/Payza

1. Deposit Directly to our Payza Account Email: razorpay2012@yahoo.com 2. Put your username to the memo field and choose a plan 3. Send us an email containing the following information: a. Payza Payment Reference b. Your RazorPay Username c. Send your email to payzadeposit@razorpay.com d. Your account will be credited in shortest time possible. All withdrawal requests have been processed, if you have any question feel free to contact us! Thank You, RazorPay Manager”

Like I always say, acceptance of all payment processors, does not guarantee anything but it goes to show that the Admin has done some extra work and of course boost the general acceptability and popuarity of the programme. The Admin promises to pay you 48 hours after you have made withdrawal from your account in the members area.

The script by RazorPay is a licenced one from GoldCoders which are popular in this industry. Initially, RazorPay did not have an SSL on their site, for extra security on transactions done over their site but they have obtained that which is been provided by Comodo, I wonder why thay have to start first before providing it, which is quite impressive. Also, RazorPay is protected against DDos, because it is hosted securedly by Koddos against attack but I expect that they should not wait for an attack before they move to a more secured BlockDos which is the most expensive around. The website design is simple obviously and easy to navigate around but there is next to no information as to what business venture that is backing the entire project not that I believe any any ways. But on the overall the website is quite friendly.

RazorPay since launch has been paying fine and I expect it to continue to do so. Do not be carried away with all the promises bacause this is a HYIP and it is a game as far as I know, also put a limit to what you can afford to spend or loose as the case maybe. Do not invest anything that will affect you drastically if you loose it. Thats all for now folks. Watch Out for more updates