THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi everybody! Hope you all had a great weekend. It’s back to business for money-news and I must say that today is yet another day where I am simply spoiled for choice regarding what program to review. I’m having a lot of days like this recently which I suppose says a lot about the huge growth in the HYIP and autosurf industry over the last number of weeks. So today I’ll take a look at another HYIP called InstantPayments.

The name probably tells a lot of people all they want to know about this program. The payments are instant alright, but there’s a bit more to it than just that. Lets start with the plans.

InstantPayments has three plans available to investors right now, starting with the Beginner Plan. This runs for 7 days and will pay 15.3% daily. Thats a total 107.1% on maturity. The minimum amount to invest here is $10 and the maximum is $100.

The next option is the Advanced plan. A bit more of a risk at 14 days until maturity but also a bit more rewarding. It pays you 8.6% daily which works out at a total return of 120.4% on maturity. Investing here will set you back a minimum of $101. The maximum is $500.

And finally is the Professional Plan. 28 days is the investment term here so it is the most high risk option. And as such it’s also offering the highest returns. It pays you 5.7% daily for the duration of your investment so thats a grand total of 159.6%. All payments are, obviously, instant and your principal is included in your payment.

One thing about InstantPayments though that I think many investors will consider a drawback is the available payment options. Or should I say the lack of those options. There is presently only one payment processor accepted here, the ever present LibertyReserve. While I know it is the preferred choice for many investors, not everybody likes to use them either. So it might be stating the obvious but the lack of alternatives here will only hamper the growth of InstantPayments in the long run.

This is certainly a drawback but at least it’s partially compensated for by the above average security of the site. It has all the usual features, by which I mean the absolute minimum we should demand of any site handling our money, but then goes a little further than most. InstantPayments is hosted on a dedicated server with full anti-DDoS protection. They are also using a licensed script from GoldCoders. But this is where it gets a bit more interesting. The site is SSL secured and that has to be a distinct advantage over similar HYIP sites. These days when internet security is such a huge concern for everybody it’s kind of hard to imagine that this isn’t yet a standard feature in this industry so hopefully a few more site admins will follow this example.

One rather curious feature that struck me about the website of InstantPayouts was the complete lack of any kind of background information whatsoever on the program. Most sites will have chapters of pointless nonsense celebrating their imaginary achievements in the world of international finance and commerce. Judging by the early results of the poll you will see further down the page here most of you seem to be well aware of the fact that these “investment” activities are completely fictitious anyway, and if they did offer any such information I would have told you to ignore it. So I do kinda like sites that just cut through all the rubbish and present themselves as what they are. A completely anonymous HYIP.

My opinion of InstantPayments is that it is a long way short of the best site I have seen this year. But I also think that based solely on the investment program it is still slightly above average. For example at $500 even the highest paying program, the Professional Plan, isn’t outrageously expensive as it might be in many similar sites. What drawbacks do exist would not take major surgery to fix either, for example adding StrictPay to the list of payment processors would be a popular move and throw the doors open to a lot more investors while not being a particularly difficult thing to do. But the bottom line is this. As in all online HYIPs there will be winners here and eventually (I don’t know when) there will be losers. I think this site is a good gamble. Not a bad one to add if you already have a diversified portfolio, but just don’t get carried away with it either. I also suggest that if you want to join InstantPayments at all you do it now. This will greatly increase your chances of being in profit.

Other news for today.

First I would like to report some news from the admin of 12DailyShares which I had to move to Waiting status today. The thing is their hosting provider has some problems with the server they are hosted on so 12DailyShares is currently unavailable for more than 24 hours already. Some other sites running on the same server are also affected so I hope the site will be back soon. That’s why I had to postpone the review of 12DailyShares that I had planned to publish on my blog today. Here’s the official update from the administration of the program:
“Hello, I write to inform you all that the server is down and we are trying very hard to fix it before the end of the day. All mix surfing will be credited to your account.
Finally, Please AP upgraded members should please start requesting back your funds from AP as I am ready to assist you to get back your funds from them. Thanks for your understanding“.

Let’s talk about some other autosurfs now. And first I would like to mention a very popular porgram right now called 24over7 (reviewed here). I remind you that the admin of 24over7 program James (interviewed here) had some issues with his STP account which prevented him from sending the payouts to STP members. Well, this issue is in the past now as his account was fully restored and all the payouts to SolidTrustPay have been processed already. 24over7 program can’t stop growing and reached 1,800 members just after 17 days online. Here is the latest update from James:
“24/7 Members, Just 30 minutes ago our SolidTrustPay Account’s Status has been updated back to VERIFIED! All of the pending cashouts in STP, SP, AP & LR have been processed. Now we can move on without any worries. Have a blessed day!”

Another popular autosurf 12Dreams (reviewed here) encouraged all the members to promote the program harder and promised some sweet prizes for doing so. So if you are a good promoter you’re advised to help 12Dreams to grow even more. Anyway, the stable and healthy growth is the key to success for every autosurf. By the way, after just 7 days online 12Dreams has attracted 550 members and the first payouts on expiry are yet to be processed. So I would say that the real success of the program will be seen after another week or so. Anyway, the update from the admin of 12Dreams is quite positive and tells us about different streams of income they have from advertisers. I really hope that it’s true and you should read the update to get to know about that:
“I hope you had a good night rest filled with wonderful dreams. My dreams come to life in this great program and I want to make sure yours do too. That said, I have more exciting news to report:
I want all of you to start promoting your businesses in our rotator. Once in the rotator, your businesses are selectively placed in our 12Dreams business directory. Even better, you can now have your own lifetime listing for a mere 5USD.
But the dream doesn’t stop there. Check our stats and you will see that we generate more cash than we pay out. To ensure this trend continues, we have come up with some great new offers:
* I want to pay you more so I’m sharing 20% of every ad you sell from us.
* Do you have your own website or a sozila network? Are you a member of friendster, ning, myspace, blogger, etc.? Write a review about us or get our banner with your referral link and post it on your favorite sites. The 10 best referrers will receive some very cool prices.
* On March 1st we will select the 10 best DREAMERS and award the following referral bonuses:
#1: 200% of your referral commissions plus 200USD bonus.
#2: 150USD bonus.
#3: 100USD bonus.
#4-10: 20USD bonus each.
So start daydreaming and let’s make 12Dreams the best program ever. With so many chances to earn, you dreams will get better and better! To be continued…”

Now let’s talk about HYIPs. I’m glad to report to you all that I have been paid today from my 110% after 5 days plan in TrustCapital (reviewed here). So the first payments have been processed already and now let’s wait for when the first payouts from 160% after 20 days are processed. I believe this will happen in two weeks because TrustCapital is really good program in my opinion.

Sometimes HYIPs made a surprising comeback. This happened with HermisCapital (reviewed here) that paid me again today after several days of non-payment. That is more evidence that you don’t need to rush and jump to fast conclusions in the HYIP world.

So I will not do that with Online7Trades who’s site is down after just the first day online. I don’t think it was the admin’s intention to run away after the first day on the net. Most likely there are some things going on with their hosting that are beyond their control. I will wait though and will only move Online7Trades to Waiting status now.

Unlike other programs PanaMoney (reviewed here) didn’t get much attention recently because the rates of interest are quite low compared to other HYIPs. On the other hand, it might be that they are involved in real trading as they offer some unique features which are fully described by PanaMoney‘s admin in my interview with him published here. PanaMoney is more than 4 months online and I believe it has some potential to grow further and become a very successful program in the long run. Today I have received an update from PanaMoney administration which is not so frequent as they tend to stay in the shadows usually and don’t scream about their successes:
“Dear PanaMoney Client, We would like to share the company’s plans for this year of 2009, which include expanding the scope of available investment options by providing a possibility of trading with precious metals (gold and silver).
Last year we have amended our business license by adding the relevant type of activity thereto.
This perspective option requires through development and testing before it can be implemented, and currently it is going thought a time consuming testing stage.
Our company believes, this new instrument, when implemented, will diversify the investing scope and increase the stability and reliability of our clients’ investments.”

Let’s turn to my payment report for today. Ok, so I was paid today from the following programs: AggeroInvestment, PanaMoney, 24over7, URInvest, GoldNuggetInvest, HermisCapital, IntensifyFunds, 12Dreams, NanoMoneyCorp, SilverInvest, Pioneer-Fund, ComradeFinance, TrecInvest, ImmenseInvest, InstantPayments, ForexInv, BVIuion, Olympex-Group, ImokTrade, NordicMutualFunds, ResidualForexIncome, Giant-Investment, Z-Finance and TrustCapital.

In the end I would like to announce a new autosurf that has just been launched a couple of hours ago – Nova-Surf. This is yet another autosurf on CIF-hosting and Neversay script. Although it’s kinda strange to me that Nova-Surf shares its server with CIF-hosting website itself. Maybe it’s not a bad thing after all because only 10 other sites are hosted on the same server and I know that CIF-hosting can allocate a dedicated server quite fast. The plan is the single one – plan when you should surf 10 pages daily for 14 days to earn 10% daily. Your 140% payout will be processed on expiry and you should be aware that only after 14 days you will be paid. This is longer than average autosurf cycle but maybe it will make the program a sustainable one in the end. Only LibertyReserve and StrictPay are currently accepted with the minimum to upgrade at only $10. The admin of Nova-Surf Irina Orzetic promised that soon other payment processors would be added. I will review Nova-Surf on my blog very soon. Stay tuned for that and see you on my blog tomorrow!