Hi guys! I hope you’re all enjoying the weekend so far. Anyway today I have something a little different for you. It’s an interview, yes, which is nothing unusual in itself, but this time I hope we can all learn something about a side of the online investment industry that many of us might not think about too often. I’m talking to Muhammad Furqan Siddiqui. That might not be a name you are familiar with, nor, to tell the truth, are you ever likely to be familiar with. But one name you will undoubtedly be hearing again and again in the near future is that of his company, MonetarySoft. At just 20 years of age Muhammad already has a vast array of experience with software development and has now launched his own investment site script. From the admin’s point of view it’s both effective and affordable. From the investor’s point of view it’s uncomplicated, user friendly, and secure. There are practical examples out there for you to see, including SteadyGrowthInvest (reviewed here) which is currently monitored by me.
I know some of you reading this might not think that my blog is the best arena to publish interviews such as this, but I would strongly disagree. As a long time investor myself I would encourage everybody in this industry to take a more active interest in the behind the scenes workings of the sites where you put your money.
Before we hear from Muhammad though I would just like to clear something up that may be misunderstood. Where he mentions his involvement with AlterGold, the payment processor that scammed and stole all the funds from it’s customers, it should be noted that Muhammad was not directly involved with them and had no personal interest there. He was merely hired to do some work as a program developer and helped with the design of the site. He had nothing to do with running it and I just want to make that clear in case anybody misunderstands his answer.
“1. Hi Muhammad, please introduce yourself to the readers and tell us about your own role in MonetarySoft. Tell us also what is MonetarySoft and what is it you are offering your clients?
My name is Muhammad Furqan Siddiqui from Karachi, Pakistan and I am the founder and CEO of MonetarySoft. I am 20 years old and I started in web development right after I finished high school and now almost 6 years have passed since I started. MonetarySoft is actually a software house. As the name suggests, MonetarySoft is house of money making scripts. MonetarySoft currently is the only script provider with a professional website and clients area among all the well-known ones. Licenses are issued automatically upon purchase and we have a variety of support options including Instant Messenger, 24×7 Phone calls, Support tickets, and Email. Currently MonetarySoft is offering a hybrid HYIP and Autosurf script called “Investments Suite Pro” and a freeware standalone support ticketing system script. MonetarySoft also has a high paying affiliate program.
2. So to start with yourself then, first of all can you give us some information on your own background in the IT industry. I know you have many years experience under your belt. Tell us about your qualifications and about the other projects you have been involved with prior to MonetarySoft.
Basically I am a full-time web developer and UNIX server administrator, my expertise includes PHP, HTML, MySQL, AJAX, CSS, JavaScript, XML/RSS and along with it I am also expert in developing desktop applications using Microsoft VB (VisualBasic) language.
I am also a good web designer as I have Photoshop skills too. Initially I started my career from Hosting2nv, a famous Australian web hosting company then after 2 years I formed my own web development company that time called “EmpireWebSolutions” which was later renamed to “Hostors” and “MonetarySoft“. As I have already described about MonetarySoft above, now about Hostors, It will be re-launched in few weeks. Hostors is a sister site of MonetarySoft and will be offering web hosting and a domain registrar.
3. Now tell us a bit more about the story behind MonetarySoft. Is this your sole occupation? How many support staff do you have?
MonetarySoft is one of my sole companies as well as I am also “director marketing and operations” in a domestic marketing services firm. There are 3 people doing customers assistance including me while actual team has 4 people to maintain my online businesses.
4. What are the price plans involved? How many different packages are available to potential clients with different requirements?
Currently base price of Investments Suite Pro script is just $119 USD, which is quite cheap when compared to other providers and knowing that it’s a hybrid functionality. I think the asking price is not only reasonable but still very affordable as our promoters also earn top dollar from this price by our affiliate program. And for Money-News-Online readers I can confidently offer a 10% additional discount.
We have also dealt with some freelance web designers, so if you order design from one of them for Investments Suite pro then we offer free integration as well for that design.
5. What HYIPs have you worked with in the past and how would you describe your working relationship with them?
I have worked with several investment type programs, not limited to HYIPs but Autosurfs too, as a technician or sole programmer. Let me quote you just some of the better known names: GCIsurf, S-Swot, CompactNetwork (Payment Processor + Autosurf + etc…) and most recently the worst scam known as AlterGold.
6. What can new customers expect from you in terms of technical support, after sales service, IT solutions, etc? If I want to launch my own HYIP for the first time, how strong a level of computer skills would you suggest I have myself before beginning?
A customer doesn’t need any kind of technical knowledge at all, like for “Investments Suite Pro” script all he needs to know is to how to create a MySQL database and you know what? He doesn’t even need to know that either cause we offer free installation when a customer purchases our script. Script is packed with proper contextual read-me and troubleshooting documents and a very easy to follow step-by-step installation wizard.
7. I believe you may be launching an updated version of the script in the near future. Can you tell us about that? What improvements are going to be made?
Yes, “Investments Suite Pro 1.20.00” is to be announced in few days. I am working on 1.2 after consulting with several program owners and following improvements and changes will be made:
a.Withdrawal fee variable will be added.
b.Complete withdrawals cross checking system will be introduced.
c.Integrated banner ads serving system will be introduced.
d.Extended IPN module will be dissolved and made built-in.
e.Anti-DDoS / Traffic Filter may will also become built-in.
f.Several new features will be added in administration console.
g.Etc…
8. What would you say are the main advantages of using MonetarySoft over your rivals? If I run a site and am already using another script, how do I go about changing? Is it easy from the client’s point of view? Does it involve my site going offline for some period of time?
There are several advantages for using “Investments Suite Pro” instead of other providers like Neversay and GoldCoders. Like first of all the customer assistance part, as I have already described that we have a real office where people can come and pay a visit too. Then our script is totally unique and 100% secured, MonetarySoft gives a warranty and guarantees state of the art GUI and unbeatable security.
Investments Suite Pro has built-in support desk which is also attached to members area, as well as separate panel for staff and a very powerful administration panel. Soon an Anti-DDoS Firewall module will be released so programs using our script will be able to treat minor flooding or DDoS attacks instead of downtimes normally caused by crash of apache or MySQL services. Simply take a look at demo available at our website or visit any website using our script and you will understand what I am talking about.
Yet another good benefit of this script is, you can install plug-in or models separately, like you can download and install API model for any payment processor from our website. These models are available for free.
9. Following on from that, what’s your opinion of your main rivals? What do you think of GoldCoders or NeverSay and how will you challenge their dominance in the HYIP market?
NeverSay’s and some other scripts such as Okha’s or AP2C are based on exactly the same core so they cannot be called unique at all, MonetarySoft‘s Investment Suite Pro is totally made from scratch. I still have backup of ap2c script which I bough about more then 3 years ago and as I will show it to you or anyone else, it won’t be difficult for any one to decide comparing with neversay’s script.
Everybody knows about backdoor issues with Goldcoders scripts and also they are also a quite an old code, as well as pirated versions of the GC script is also available for juts a couple of bucks in the market, different forums, etc sources so you can guess about quality of this product too.
Again, you will find MonetarySoft and its products very professional and part of a well maintained scheme. There is no competition with these rivals when there is no comparison at all. If any program’s owner wants the latest, secure, fast performing application for their business, and backed with a real and physical office offering 24×7 unbeatable customer assistance, MonetarySoft is the only choice.
10. I suppose at this point I should ask you where potential customers reading this can see a practical demonstration of all this? Is there a free demo version I can try out to see if it’s right for me?
There are some sites already using our newly launched script called “Investments Suite Pro”. If you are not aware of them then we have a demonstration of our script available here.
11. Is it just HYIPs and autosurfs you are targeting now? What appeal to you have first of all to those running small home based internet businesses, and then to the wider online business community?
Our services are not limited to this industry of course. From time to time more products will be launched such as a commercial payment processor script, GPT script, and perhaps something unique which nobody knows about? Possible! Surely we always have different plans and ideas to work on.
12. How safe is MonetarySoft script? How can the admin of the program using it and his customers know they are protected from hackers? How can we be sure there are no flaws in the design, no backdoors?
MonetarySoft offers 100% guarantee for security of programs using Investments Suite Pro script. There is a private and built-in encryption/decryption utility to encode variables in database as well as overall security of script is insured.
13. Finally, is there anything else you would like to add before we finish? Something we haven’t touched on that you feel worth mentioning?
Just if I can let people know about our affiliate program, so if somebody promotes our products, we offer them $20 per sale and 10% of direct downline commission.
I am very thankful to you for giving me opportunity to brief this industry about new and possibly the next top script. I have a vision and plans to expand my network, Like in few days a new financial news journal will be launched called MonetaryPress and then, why would any one not welcome the only e-currency with an actual physical office and people? Yes I do have some big plans and therefore I am expecting guidance, appreciations and recommendations from Paul and his readers.”
Well I think even readers with the most limited technical knowledge or computer skills would agree that there is at least one man out there with a bright future ahead of him in this industry, albeit in a slightly different capacity than the ones we are more familiar with. I hope we’ll be hearing a lot more from Muhammad in the future and I hope we’ll be seeing a lot more good programs running on MonetarySoft script. A little competition is always welcome in this industry and I think we all know it’s never a healthy situation to have any one area dominated by just one or two service providers, so I hope you’ll all join me in wishing Muhammad good luck and every success with his business. Any admins or potential admins should keep in mind that there is a substantial discount available if you purchase through the links on Money-News-Online. Please contact me at abramsonp@gmail.com if you want a coupon code which will give you a discount.
So that’s about it for today. I’ll be back tomorrow with all the latest news from around the industry. See you then!
Filed under Interviews by on May 16th, 2009. 2 Comments.
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