May 22nd, 2017 Archives

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Beware! BitcoinsBrain has stopped paying! Do not invest there!

Hello everyone! I hope you’re all keeping well after the weekend are looking forward to what new opportunities the new business week might have in store for us. To start things off this Monday it’s actually been a slow enough opening to the week, and not much news to report. By no means a bad thing, I prefer to see it as a sign of stability. There is one new program I want to take a closer look at today called BitcoinsBrain which has just joined the MNO Premium List a couple of days ago. If you read the introduction to the program on the MNO blog last week I guess you’ll already have a general idea of what it’s all about, being as it is on one hand a fairly uncomplicated and straight forward HYIP, but on the other hand an expertly designed and very uniquely planned and operated one. BitcoinsBrain looks to have a very professional set-up and I’m very pleased that it has chosen MNO as it’s first major advertising platform. So let’s see what they have to offer and if you think you might like to add it to your portfolios or not.

Before I get to the investment plans there’s something very important you need to be aware of first. Despite having three different payment options open to investors, BitcoinsBrain themselves work exclusively through BitCoin. That means while you can make a deposit using PerfectMoney or Payeer, BitcoinsBrain will only pay you to your BitCoin wallet. So if you are spending dollars here via PM or Payeer they simply convert this into BitCoin, and all subsequent withdrawals made by members must be made to a BitCoin wallet. If you don’t already own a BitCoin wallet then it’s absolutely 100% essential that you create one before joining BitcoinsBrain because you won’t be able to get paid without one. Given the current unpredictability of BitCoin to dollar exchange rates and the fact that BitcoinsBrain make no mention of dollars anywhere on their website anyway I’m going to describe everything using BTC. If it makes things easier for you though I would recommend for live real time BTC exchange rates so you can see exactly how much you are spending and earning.
So, for everyone else who already has a BitCoin wallet up and running and is ready to get started, you can join BitcoinsBrain with a 0.01 BTC minimum. At the time of writing this was a tad more than $20. There’s really only one plan to choose from, it’s just divided into two categories to encourage bigger spending players with better interest rates. The plan is “perpetual” in style, i.e. it has no expiry date and will continue to pay members for how ever long BitcoinsBrain manages to stay online. Your choice then is basically based on how much you want to spend, though to be honest it’s already been made for you as only one option is even remotely affordable, and remember that it is not possible to withdraw your principal and leave BitcoinsBrain early. Once you are in that’s it, you stay in until the program ultimately finishes. Keep that in mind when deciding how much you really want to spend here, make sure you are fully committed to it, and don’t spend anything you might need back urgently in the event of a personal emergency.

Anyone joining BitcoinsBrain with between the 0.01 BTC minimum and a maximum of 9.999 BTC is offered an hourly interest payment of 0.3%. Doesn’t sound like a lot at first glance maybe, but throughout the course of a day these payments add up to 7.2% which is substantially more than the average long term program, for example. Those who can afford upwards of 10 BTC to a 50 BTC maximum are offered an hourly rate of 0.31%, or 7.44% daily.

It’s impossible of course to give a practical example of how a “typical” (if there is such a thing) investment might work here. It really does come down to literally not just the day but the very hour you join. What you eventually end up with once BitcoinsBrain eventually runs its course is anyone’s guess of course, I can just tell you the more important statistic that you need to program to stay online for at least 334 hours (or 14 days) in order for you to reach the break-even point. That’s when you’ll have earned an amount equivalent to your principal so you can’t possibly lose any money from that point on. Everything you withdraw after that is net profit.

We’ve seen similar programs to this in the past, or similarly organized plans anyway. Where BitcoinsBrain differ from most is the payment schedule. First of all payouts are fully automated and do not need to be requested from your account area. However whereas your account might be credited every hour with interest, withdrawals are only done every 4 hours. So you should get six payments of 1.2% interest (0.3% per hour multiplied by four) at equal intervals throughout the day (or 1.24% if you made a bigger deposit).

Smaller investors please take note of one very important point. BitcoinsBrain have a minimum withdrawal policy of 0.0001 BTC. If the amount you are due in one payment batch is less than that then the transaction will not be made. Don’t worry though, your account will continue to earn for how ever long it takes you to reach this, and you’ll then be paid on time with the next batch. At current exchange rates this minimum withdrawal amount comes to just over $0.20 which is a very small payment indeed. The “problem” with this of course is that it can be further affected by BitCoin fees, so members have the option to increase their own minimum and get paid once it reaches a limit set by you.

I know I mentioned the payment processors already, but just to underline it you can join the program using PerfectMoney, Payeer, or BitCoin, but BitcoinsBrain will only make payments to you using BitCoin. With payments being fully automatic they should in theory also be instant, however regular BitCoin users will know that in practice this isn’t quite how things work. Delays with the wallet networks are common place and can happen anytime and are completely outside the BitcoinsBrain admin’s control of course.

Looking at the more technical side of things now such as website design and security, I can tell you the program is one of the most interesting websites I’ve seen in a while in terms of appearances. The BicoinsBrain website is powered off its own original script which is unique to them and not commercially available that I am aware of. Having said that, with the payments made automatically and not much further involvement required of the members, there’s not a great deal going on there that would complicate things for you so it’s easy to navigate throughout. When signing up for the first time you need to set your own password, while your username is assigned to you by the script and will be sent to your e-mail address. If you need to make any changes to your account a PIN number is also assigned to you by the script and is sent along with your username to your e-mail. For an extra layer of safety the BitcoinsBrain website also the superior Green Bar version of the SSL encryption certificate from VeriSign for safer browsing and more secure transactions. For a hosting provider the admin has opted for DDoSGuard who are keeping the program on a dedicated server with their support and protection from DDoS attacks. You can find all your personal statistics regarding your investment in the members area to keep track of your payments, and the FAQ section is concise but covers all angles so should be able to answer a lot of your questions about BitcoinsBrain if you have any.

Speaking of questions about the program, should the need arise for you to have to get in touch with them for any reason then there’s a couple of channels open to you. Ideally the first point of contact is to e-mail the admin directly at the address listed on the BitcoinsBrain support page. There’s a postal address included for the UK, something I suggest you ignore as unlikely to be anything more than a serviced or virtual office and not where anyone connected with BitcoinsBrain is physically located. BitcoinsBrain can also be reached with an account on Telegram which is used for Live Chat support. According to the BitcoinsBrain website this is supposed to be a 24 hour service, though obviously short of staying awake for 24 hours myself watching it I have no way to confirm that for sure. Hopefully if all goes as planned you shouldn’t have much reason to contact them anyway.

For the record, just in case anyone is interested, the alleged business activities behind BitcoinsBrain supporting payments to members involve trading cryptocurrencies. All well and good I suppose if you could actually prove it. As with most online HYIPs there’s not a great deal you can do to research and verify any of this, so really, it’s best to just skip it as experienced players will already know. For the sake of newbies however I will just point out that even if this was true there is still no guarantee that it has to be profitable, and with interest rates as high as they are there is no way they can be sustainable forever. So remember to always behave responsibly, think of it like gambling as opposed to investing (which is what it is anyway!), and spend accordingly. Set yourself an affordable spending limit you can easily afford to lose, and earn back without any difficulties from other sources if things don’t go your way. And of course if joining BitcoinsBrain then try and keep them as a smaller part of a wider more diverse portfolio.

Before we move on to the news section I just want to ask what everyone else’s opinion is of BitcoinsBrain? Do you like your chances of seeing a profit enough to join? Please take a moment to participate in the following poll, which is as always completely anonymous and untraceable, and will I hope show some interesting results in the coming weeks and months. It will be good to look back and see, once we know exactly what direction the program takes for better or worse, how many people’s gut instinct was right, and can also act as an indicator to admins about the standards people expect from the programs they choose to join:

Will you make an active deposit in BitcoinsBrain?

View Results

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No one can argue that over the last couple of weeks the price of BitCoin was the hottest topic being debated, with people wondering just how long it will keep growing. Just to simply store your money in BitCoins over the last seven days would give you over $400 profit on each individual BTC unit, as the price grew from roughly $1,700 to over $2,100 in a matter of days. That means 20%-25% profit in just a week – better than any HYIP can offer! This is certainly an unprecedented and incredible level of growth we are witnessing over the last few weeks, but it cannot last forever and at some point the price will reach its maximum and a sharp decline inevitably follows. So far though everyone investing heavily in BitCoin should be happy as the growth continues. And that’s why the last question I asked my readers on the MNO TalkBack couldn’t have come at a better time. The long-term prognosis is rarely true, but just a general trend of the BitCoin price by the end of the year many are able to predict right. And the last question everyone could vote for on the MNO TalkBack over the course of last week sounded like that – What will happen to the value of BitCoin between now and the end of the year? There were only three available options to choose from and predictably those who expect the price to increase form an overwhelming majority of 88%. Only 12% of readers believe it will decrease by the end of the year, and no one thinks it will stay on the approximately the same level as it is now. Therefore, if we consider this is what 9 out of 10 people think then we should expect them to keep buying and storing BitCoins and with more people coming to that market in order to earn I cannot see any barrier to why a significant increase in BitCoin values by the and of 2017 cannot happen. Although, taking in consideration the extremely volatile nature of BitCoin and its sharp reaction to various market conditions and even the general congestion of the Blockchain network ta the moment it may happen otherwise and the price will fall. Whatever it’s going to happen please remember that investing in BitCoin is not a surefire thing and the price might go up (which is more likely at this point) but also down, and only people who know exactly when to buy and when to sell will make the best profits. The same rule that applies to the HYIP industry, but at this time BitCoin is less risky compared with an unstable HYIP industry without any clear leaders.

The next question for you is on just that subject – possible leaders of the HYIP industry. It’s an important topic for sure as you can see the article posted here. Without a strong leader the HYIP industry cannot really properly function, quite the opposite. The clear presence of such a leader makes it possible for other programs to compete and significantly boost investors confidence in the industry’s health overall. I believe the most controversial program to join MNO recently was undoubtedly Carbon7Reborn. If you read my introduction posted here followed by the full review here, you might remember that I was pretty sure in my assumption that it was run by the same admin/team that were behind the hugely successful Carbon7 back in 2015 that managed to run five months and put a lot of people in profit while they were doing it. Carbon7Reborn that launched a month ago looks at first glance to be a total copy of its predecessor sharing many similar features and offering the same investment plans – 110% after 7 calendar days and 7% daily for 30 calendar days with accruals on business days only. There are a few differences seemingly made deliberately by the admin in order to limit the program’s growth over the first weeks and discourage hit-n-runners and ensure slow and gradual growth. Among them are the absence of Payza as a payment option (deposits can only be made via PerfectMoney, Payeer, and BitCoin), a huge 7% withdrawal fee which eats almost all the profit from the 7-day plan but encourages reinvestments, use of the same PerfectMoney account which caused Carbon7Reborn to be moved to the Scam thread on the Russian language MMGP forum, and most of all the severe limitations that the admin selectively imposes on investments made from certain areas. As these are temporary and at the whim of the admin of Carbon7Reborn I chose against including it in the review I posted on Friday, but such limits are there for sure and the admin did tell me about them. I must say I have second thoughts and reservations about the program’s ability to deliver decent long term results, and therefore you could clearly see my review of Carbon7Reborn being a bit skeptical. The thing is people are not sure Carbon7Reborn is run by the same admin, but if it was it still doesn’t mean the new Carbon7Reborn will enjoy the same success as its predecessor. We’re in a slow season at the moment, and I believe if Carbon7Reborn manages to survive it I would be more confident it will be more popular in the autumn. For now I would like to ask my readers what they think about the program’s admin and Carbon7Reborn‘s chances to outlive the five months achieved by the original Carbon7 back in 2015.

Do you believe that Carbon7Reborn is run by the same admin that ran Carbon7 in 2015?

– Yes, I’m confident it’s him
– No, I think it’s just a copycat
– I don’t know / it doesn’t matter to me

What is your prediction on Carbon7Reborn‘s lifetime?

– It’ll survive until the end of year (surpass Carbon7’s result)
– It’ll pay until autumn (will be the same as Carbon7’s result)
– It’ll scam within a few weeks (won’t reach Carbon7’s result)

I appreciate you sharing your opinion on the MNO TalkBack page. I’ll draw the results by next Monday and see what future the MNO readers think Carbon7Reborn has in store. The vote is totally anonymous and will take only a few seconds of your time, so say what you think here!


I’m pleased that Payza which has been traditionally popular among my readers is accepted now by three of the twelve listed programs, namely TrafficHeap (reviewed here), Biksbit (reviewed here), and BandeiraCorp (reviewed here). These are high quality programs whose admins were not afraid to take the time and effort and verified their accounts with Payza. This usually entails sending more assurances on the financial abilities of a particular entity willing to accept deposits via Payza to meet their obligations. Now with the implementation of the new feature allowing to store money in your Payza account in BitCoins and even exchange them inside of the account to USD and back to BTC it’s getting even more tempting to take advantage of BitCoin’s current volatility and at the same time enjoy the protection of your funds Payza provides you with. The new feature was already positively commented on by many online resources and Payza even dedicated an entire blog post on the reactions to this. Moreover very soon Payza is planning to extend operations with crypto-currencies by including more of them and allowing members to exchange other popular altcoints (BitCoin alternatives) within Payza account as well as allowing the owners of the Payza pre-paid cards to instantly withdraw their BitCoins there. All of this will allow Payza verified members a further level of flexibility when it comes to dealing with currently very popular crypto-currency options while putting Payza at the forefront of capitalizing on the growing role of crypto-currencies in the fast changing world of online business. So, if you have no Payza account yet and you deal with BitCoin regularly, you should really open one here and verify it to be able to fully use all their features and order a pre-paid debit card. I’ll repost both posts below, followed by another article focusing on the online market in France – the fifth largest in the world – as all of this information is certainly worth reading:

Payza Unveils New Bitcoin Options Letting Members Send, Receive, and Hold Bitcoins
Payza was among the first online payment processors and e-wallet providers to embrace Bitcoin by letting members buy and sell Bitcoin directly. Today, Payza is unveiling a wide range of new Bitcoin options, including the ability to hold Bitcoin right in your Payza account.
Since we began offering Bitcoin services to our members in 2014, it has become one of our most popular features. First, Payza introduced Bitcoin Withdrawals, one of the easiest ways to buy Bitcoin online, then we announced Bitcoin Deposits, an equally simple way to sell Bitcoin. In less than 3 years, Payza members in more than 150 countries have used Payza to either buy or sell Bitcoin.
As the interest in Bitcoin grew, so did Payza’s Bitcoin services. After the options to buy and sell Bitcoin, Payza opened a Bitcoin payment option which let merchants accept Bitcoin as payment for their products or services. This feature lets merchants reach a new segment of customers and experiment with Bitcoin, however those payments were automatically converted to USD to help merchants avoid the risk associated with Bitcoin’s volatility.
Today, Bitcoin is more popular than ever and other cryptocurrencies are gaining momentum as well. This is why we are excited to announce that you can now do even more with Bitcoin and Payza!
Payza adds full e-wallet support for Bitcoin
Starting today, Payza members can now keep their bitcoins right in their Payza e-wallets. You no longer need to have your own Bitcoin Wallet to hold those coins. This is great news for people who are just learning about Bitcoin or who are testing it out for the first time, since Payza now takes care of all the complicated security concerns for you.
With this announcement, Payza becomes the first e-wallet provider to allow members to use Bitcoin just like any other currency. Along with being able to hold Bitcoin right in your Payza account, you can also send and receive Bitcoin to and from other Payza members. The fee to receive Bitcoin is just 1.2% per transaction, which is lower than the standard Payza receiving fee of 2,9% + $0.30. All Bitcoin transfers from Payza member to Payza member are instant.
This also means that you can now exchange Bitcoin to USD and USD to Bitcoin whenever you want, right within your Payza account! If the price looks right, you can make an exchange at any time of the day, any day of the year. The funds stay in your Payza e-wallet so there is no extra time for processing.
Merchants who use Payza to process online payments will also have the option to accept Bitcoin as payment for their products. In the past, all payments made by Bitcoin would automatically be converted to fiat currency, but now merchants will have the option to keep those payments in Bitcoin until they choose to convert the funds themselves. It will still be possible to accept Bitcoin payments and automatically convert those funds to fiat currency.
Unlike traditional Bitcoin payments, which are irreversible, purchases made by Bitcoin through Payza’s online payment platform will still be protected by Payza’s Resolution Center. That means these transactions can be disputed if, as a customer, you did not receive the product or service you were promised. As with all transaction disputes, Payza will encourage an open and honest discussion between the buyer and seller to resolve the situation and Resolutions Specialists will be available to mediate the dispute and render a final decision on the outcome if necessary.
Payza now offers all of these Bitcoin services!
“I’m very pleased to be able to make this announcement,” said Firoz Patel, Executive VP of Strategic Partnerships and Corporate Affairs. “Two years ago we announced our intention of treating Bitcoin like any other currency within the Payza platform and today we are living up to this promise.”
More Payza Bitcoin options still to come
On top of the features announced today, Payza will be unveiling more Bitcoin and cryptocurrency features in the coming weeks and months. Here is a sneak preview of what to expect:
Full cryptocurrency exchange services: Along with Bitcoin exchanges, Payza members will soon be able to exchange dozens of cryptocurrencies right within their Payza accounts. Buy or sell Litecoin, Dogecoin, Monero, Dash, Ripple, and many more digital currencies using Payza. No other e-wallet service gives you this many options when it comes to cryptocurrency exchanges and Payza is proud to take the lead in this service.
Fund your Payza Card instantly by using Bitcoin: Payza members will soon be able to instantly exchange and transfer Bitcoin to load up their Payza Cards. This new feature will give Payza members a way to instantly convert Bitcoin into fiat currency that can then be used anywhere the Payza Card is accepted: online, in-store, or at most ATMs.

Payza Gets Positive Reactions for Major Bitcoin Announcement
Payza’s latest Bitcoin announcement was covered by several media sources. Here’s a look at some of the articles written about Payza and its new Bitcoin services:
Coin Telegraph covers Payza’s Bitcoin announcement and new Bitcoin features
The new Bitcoin services offered by Payza lets members hold their bitcoins directly in their e-wallets and they can now send and receive Bitcoin to and from other members instantly throughout the Payza network, just like they can do with USD, Euros or Pound Sterling. Firoz Patel, Payza’s Global Executive VP, states that “Today, we fulfill our promise to our members and are now able to treat Bitcoin like any other currency we deal with.”
According to Coin Telegraph, Payza’s move to offer new Bitcoin services “will take the digital currency a step closer in its disruption of the global remittance sector.” Payza’s focus on countries with high remittance rates, and the fact that it offers payment services already in countries such as China, India and Mexico, could “facilitate the spread of Bitcoin in some of these countries”.
The full article from Coin Telegraph can be found on their website: Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank comments on Payza’s new Bitcoin services
Payza has announced the addition of new Bitcoin services: Payza members can now hold Bitcoins in their accounts, instead of needing to convert them to fiat currencies first. These new Bitcoin services also let merchants who use Payza for online payment processing receive Bitcoin as payment for their products and hold the Bitcoin they receive, without the need to convert it into fiat currency. “Merchants will have the option to retain those payments in bitcoin in their ewallets until they choose to convert the funds themselves.”
Stay tuned! In the coming weeks and months, more Bitcoin and cryptocurrency features will be announced, according to Payza’s Global Executive VP Firoz Patel, for example in combination with the Payza Card.
The full article from can be found on their website: Global Payment Platform Payza Goes Full Bitcoin
Crowdfund Insider highlights Payza’s introduction of new Bitcoin options
In August 2014, Payza began offering Bitcoin services to its members, starting with the possibility to buy Bitcoin (Bitcoin Withdrawals): “one of the easiest ways to buy Bitcoin online.” In October that same year the possibility to sell Bitcoin (Bitcoin Deposits) was introduced: “an equally simple way to sell Bitcoin.” Now Payza has taken it one step further – on May 15th, Payza became “one of the first eWallet providers to treat Bitcoin like any fiat currency” by now letting its members hold their bitcoins directly in their Payza e-wallets. This means they no longer need a separate Bitcoin Wallet to “perform Bitcoin exchanges to or from fiat currencies.”
With Payza’s new Bitcoin services, members can instantly send and receive funds to and from other Payza members, for a small fee – 1.2% per transaction, which is lower than the standard Payza receiving fee of 2.9% + $0.30. This also means a change for merchants using Payza, since they can now choose to receive payments in Bitcoin and keep it in Bitcoin in their e-wallets, without the need to convert the funds right away. It is important to mention that “All purchases made by Bitcoin through Payza’s online payment platform – unlike traditional Bitcoin payments, which are irreversible – will remain protected by Payza’s Resolution Center, a section within Payza accounts dedicated to resolving transaction disputes between buyers and sellers.”
The full article from Crowdfund Insider can be found on their website: Instantly Delivered: eWallet Provider Payza Introduces New Bitcoin Options
Newsbtc mentions Payza’s full embrace of Bitcoin
Cryptocurrencies and especially Bitcoin are receiving a lot of attention today and Payza now fully embraces Bitcoin. This company has “made a name for itself by providing convenient eWallet services to users worldwide” and now aims to treat Bitcoin like any other currency supported by the Payza platform. “This is a major boon for Bitcoin and cryptocurrency.”
The full article from Newsbtc can be found on their website: Payza Prepares To Fully Embrace Bitcoin Payments as Part of Its eWallet Service
Retail Touchpoints covers Payza’s integration of Bitcoin into e-wallet
Payza has “fully incorporated the cryptocurrency Bitcoin into its eWallet offering” and now Payza members can hold bitcoins in their e-wallets without the need to convert them to fiat currencies. Merchants using Payza also have the option to accept payments in Bitcoin rather that traditional currencies.
The full article from Retail TouchPoints can be found on their website: Payment Network Integrates Bitcoin Into eWallet
Paymentweek comments on Payza’s Bitcoin announcement
On May 15th, Payza announced that it has “become the first eWallet provider to treat Bitcoin like any fiat currency”, letting its members hold their bitcoins in their Payza e-wallets. Thereby, there is no need for a separate Bitcoin Wallet elsewhere to “perform Bitcoin exchanges to or from fiat currencies.”
The full article from Paymentweek can be found on their website: Payza Becomes First Payment Network To Include Bitcoin Within Its EWallet
PaymentsSource observes Payza’s addition of Bitcoin acceptance to its e-wallet
The cryptocurrency Bitcoin is now directly accessible with the Payza e-wallet, which simplifies the “process when using bitcoin to pay or when exchanging bitcoins for fiat currencies”. This is the first of several moves by Payza regarding Bitcoin – there are plans to introduce even more services in the following months to “make bitcoin usage easier for merchants and consumers”.
The full article from PaymentsSource can be found on their website (subscription required): Payza adds bitcoin acceptance to its eWallet
The Paypers mentions possibility to perform Bitcoin exchanges to or from fiat currencies with Payza
Since 2014 Payza has offered various Bitcoin services within its platform, such as Bitcoin withdrawals and Bitcoin deposits. Now there’s even more – bitcoins have been added to the Payza e-wallet, letting Payza members “perform Bitcoin exchanges to or from fiat currencies.” Also, Payza protects all purchases made by Bitcoin through its Resolution Center within its online payment platform.
The full article from the Paypers can be found on their website: Payza includes Bitcoin within its eWallet offer for consumers and merchants
InfoCoin highlights Payza’s acceptance of Bitcoin payments through its e-wallet
For some time, Bitcoin has been popular with payment processors and there is a demand for this digital currency. Payza recognized the potential with Bitcoin and has now integrated this cryptocurrency into its e-wallet service. This means that Payza members can send and receive payments in Bitcoin from other members, for a low transaction fee of 1.2%, which is “lower compared to other rates on other platforms. Having lower rates will make Payza even more attractive.”
The full article from InfoCoin can be found on their website: Payza Will Accept Bitcoin Payments Through Its E-Wallet Service
BTCManager discuss how Payza is the first payment platform to offer Bitcoin services
On May 15th, Payza announced new exciting news related to Bitcoin – Bitcoin is now included as a Payza payment option and is treated “like any other fiat currency.” This follows the introduction of Bitcoin withdrawals and Bitcoin deposits in 2014, and the Bitcoin payment option in 2015 “where payments with the cryptocurrency were immediately converted and settled in USD to help avoid the risk associated with BTC-USD’s volatility.” Payza’s newest Bitcoin services makes Payza the first “Multinational payment processor to allow users anywhere in the world to use bitcoin like any other currency.”
The full article from can be found on their website: Payza Becomes the First Payment Platform to Offer Bitcoin Services

Country Spotlight: France, the 5th Largest E-Commerce Market
France is now the 5th largest e-commerce market worldwide. According to 2016 figures, France soared past Germany, knocking that country out of the top 5 in online sales volumes and becoming the 2ndbiggest market in Europe (behind only the UK).
There are numerous factors that are causing the growth in French e-commerce to outstrip that of its neighbors. The popularity of m-commerce apps, cross-border purchases and small orders, among other things, all contribute to it. France is unique in that it is both a mature, established market, and also has the kind of high growth typically seen only in emerging markets. This makes France an attractive destination for e-commerce investment – but before selling in France it’s important for merchants to understand why it’s such a strong market and how to best target French consumers.
French Consumers
– Total population: 66.7 million
– Internet penetration: 87% (58 million)
– Online shoppers: 35.5 million
– E-commerce sales: EUR 72 billion
– M-commerce sales: EUR 18 billion
– E-commerce annual growth rate: 20%
In France, the average shopper spends 1,780 euros online per year. French consumers are tech-savvy and globally-minded, with a quarter of all transactions taking place on a mobile device. Travel & Tourism is the most popular e-commerce category, while the leading retail sector by far is Clothing & Shoes (more than 12 billion euros in sales), followed by Media & Entertainment and Home & Garden, each with less than a quarter of the sales of the leading sector. On mobile, Cultural Products is a strong performer, attracting 10% of the m-commerce shoppers.
The most widespread online payment method in France is credit card, accounting for 61% of all purchases, followed by e-wallets with 16% and bank transfers with 11%. The most popular payment card is Cartes Bancaires, a domestic credit card that can also be used as a debit card, representing 52.5% of the total credit card market share.
French consumers also value omnichannel commerce, with one survey showing that 72% have opted for an in-store pickup option. In the same survey, 56% of the respondents stated that free delivery influences their purchasing decisions and 84% said that a positive delivery experience encourages them to return to the same merchant. Thereby, providing free and on-time delivery can win you a lot of loyal customers.
Drivers and Barriers
Driver: Cross-Border Commerce
The fastest growing e-commerce segment in France is cross-border purchases. Nearly half of all French consumers regularly buy from cross-border merchants and 19% of all online sales in 2016 were made on non-domestic websites, four point higher than the European average of 15%, most frequently Germany, the UK, Belgium, the US, and China. With cross-border e-commerce penetration rapidly approaching 50%, France is one of the world leaders in this regard.
Barrier: Small Purchases
Like in many mature markets, as consumers become more comfortable with e-commerce, they tend to make smaller purchases more frequently. The average purchase value in France decreased by 7% in 2016 to 70 euros, with the gains being made up of more frequent purchases (the average online shopper placed 32 separate orders in 2016). This can be challenging for retailers based outside of France as it places more pressure on them to compete on price, delivery time and free shipping in order to offer high value at low cost.
Driver: M-Commerce
The market share of m-commerce in France is remarkably high, accounting for 25% of all online sales. While web-based e-commerce sales grew by 18% in 2016, m-commerce grew by 30%. What sets France apart from other western markets is that retailers have adapted more rapidly and effectively to the rise of mobile, with 31 of the country’s top 50 retailers having a mobile app. Many retailers around the world ignore the demand for good m-commerce solutions and those that don’t will be well rewarded for it.
Barrier: Cybercrime
France is targeted by more cybercrime attacks than any other country in Europe. 41% of French smartphone users were victims of cyber attacks in 2014, compared to only 28% across Europe. Payment card rejection rates due to fraud are 8.5%. Many online merchants have still not adopted 3D Secure, out of concern for creating friction and causing cart abandonment. However, French consumers are increasingly aware of, and concerned about, the risk of cybercrime. Offering a high level of security and transparency can go a long way toward ensuring not only your own safety but also encouraging loyalty in your customers.
French E-Commerce Facts
– 2nd-largest e-commerce market in Europe, 5th-largest in the world.
– 46% of internet users make cross-border purchases.
– French consumers spend an average of 1,780 euros per year online, spread over 28 individual transactions.
– While average purchase value dropped by 7%, the total purchase volume rose by 21%
– M-commerce accounts for 25% of all online sales.
– 62% of the top retailers in France have a mobile app.
– The most popular online products in France are Clothing/Shoes, Media/Entertainment and Home/Garden.
Merchants who begin selling in France are tapping into one of the most promising cross-border markets in the world. E-commerce already accounts for 8.34% of the country’s GDP and the French Economic Federation, FEVAD, predicts online sales to reach EUR 80 billion by the end of the year, with the fastest growing e-tail sector being cross-border shopping, so the time is ripe to enter the market.
Expanding into a new cross-border market is always a challenge, but can be very rewarding if done right. For the latest news and information about how to scale up your e-commerce enterprise into an international success, subscribe to the Payza Blog and follow us on Facebook and Twitter.


I believe that the admin of 1CarsFinance should really be ashamed of how his program scammed after just a week, leaving no investors with profits. On MNO 1CarsFinance was on Paying status for exactly two days but went to Problem and then Scam status after the admin disabled instant withdrawals and removed the rating page from his website. I must add that MNO was the very first site of doing so, and I believe that might have helped others save their money and avoid it. I’m pleased to report that none of my readers invested, meaning that the admin of 1CarsFinance who probably tried to use MNO as a last resort left with nothing. Bad news for him, but it’s totally OK with me. I’m very pleased that 1CarsFinance has paid for my upcoming trip to the Greek island of Rhodes where I’m heading on Wednesday and I will certainly celebrate by sipping cocktails at the admin’s expense. That fate will, by the way, happen to any programs coming to MNO with bad intentions, so my warning goes to such admins – don’t even attempt to be listed on MNO if you don’t plan to run your program for a significant amount of time. My readers are smarter than you think and only pick the best programs, and my prices are prohibitively high to either eliminate the possibility of advertising for low grade scams, or (as happened with 1CarsFinance) to make sure that the admin loses. That’s my firm message to all the HYIP admins out there – either deliver decent and long-running programs to my readers, or get lost and go somewhere else to advertise your fast scams! 1CarsFinance has got what it deserved and so will happen to everyone else with bad intentions!


Here is the list of the programs from my monitor that paid me for the last 72 hours:
From MNO Sticky list: Biksbit.
From MNO Premium list: BitCTradeBandeiraCorpFexFundAxisCrudeFatFunds, UnityReserveBitcoinsBrainTrafficHeap, AurumBankCoinmee.
From MNO Standard list: Carbon7Reborn.
From MNO Basic list: –

That’s all for today, guys. Not much to report, but hopefully it’s not a bad sign, as the HYIP industry is developing slowly but steadily at the moment. Thanks for reading and I will see you again on Wednesday when I’ll be posting from the Greek island of Rhodes where I will spending the next week. Expect an interview with the admin of FexFund then (you can read my review posted here) followed by the usual news report from the HYIP industry on Thursday. Please do yourself a favour by following MNO on Telegram, Facebook, and Twitter. You may also subscribe to the MNO Daily News to be delivered to your email address by submitting and confirming it here. And of course, I will be pleased to answer all your questions and concerns if you submit them via this contact form. See you soon, and thanks for reading MNO – For Money Lovers!

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