Modeled on AdSurfDaily, StarAd24 sees affiliates invest in €50 “promotion packs” and pay up to €1000 when they join the company (20 positions).

The STARAD24 Affiliate Programme combines several well known and well proven compensation plan models, and has created a above (sic) average and very profitable system.

UPayCard offers international money transfer solutions to allow businesses and individuals to effortlessly send and receive payments globally. We specialise in providing a number of innovative payments solutions including e-wallets, prepaid cards, bank wire transfer and crypto wallets. UPayCard is a provider of prepaid payment solutions to businesses and individuals. Established in 2013, located in the United Kingdom, and following the regulations of the Financial Conduct Authority (FCA register number 900709) of the United Kingdom, UPayCard provides its customers with one of the most secure, flexible and feature rich payment. Terrible app Customer is terrible, app is slow and freezes a lot there’s a $25 fee for transferring definitely save you time and money! Bitcoin money won’t gain revenue just dits in the account and holds the same value. Hope this company goes bankrupt or have to shut down complete scam.

Each €50 position pays out an eventual €60 ROI, with ROI funds sourced from subsequent investment.

StarAd24 went into prelaunch almost a year ago (August 2014), likely retaining prelaunch status so as to sell the “getting in on the ground floor” illusion to new investors.

Being a HYIP Ponzi scheme (only single-level commissions are offered), StarAd24 naturally requires a constant influx of new investors to fend off collapse.

In a recent presentation the company announced a “new payment system”, which was none other than uPayCard.

Towards the end of the call things got interesting when the issue of uPayCard providing processor services to uFun Club was raised…

Hosting the StarAd24 presentation were Herbert Leitner and Sarah Smus. They appear to either be top investors in the scheme or management (StarAd24 do not provide any management or ownership information on their website).

Also present was Mark Wheeler, identified as uPayCard’s CEO.

[3:58] My name is Mark wheeler, I’m the CEO of uPayCard.

Our company has been in business for almost two years.

A little bit about myself; I was fortunate to live in London for six years and during that period Visa International was my largest client.

And when I went back to the United States I joined Visa and I was a Vice-President in the International Market Development Division.

And then I left Visa and got into the internet business and I have been in the internet business since 1999 and have been working with prepaid cards for thirteen years now.

Most of the presentation is dedicated to walking StarAd24 investors through the company’s backoffice and integration with uPayCard.

At the [37:00] mark Herbert Leitner opens the presentation up for Q&A, with the first question asked pertaining to uFun Club.

[37:44] We have a comment here:

“uPayCard is in collaboration with uFun something run by Alain Brazille, a French guy which has been proved corrupt.

Ten seconds of awkward silence pass, before Leitner asks “What’s this?”

[38:11] The question is regarding the validity and legal foundation of uPayCard … whether it has any collaboration with uFun.

Mark Wheeler eventually responds to the question, clarifying uPayCard’s involvement with uFun Club:

[38:30] uPayCard has no collaboration with uFun.

It is in a discussion point right now, that we would provide them only loading services and commission payout services for a fee.

So we are simply a transaction processor for them. We have absolutely nothing to do with their business.

For those unfamiliar with the opportunity, uFun Club is a global $1.17 billion dollar Ponzi scheme.

The company is currently under investigation in a number of company’s, with criminal charges pending in Thailand.

Of note is that Wheeler’s comments during the StarAd24 presentation differ to what uFun Club affiliates have been marketing.

A few weeks ago BehindMLM uncovered uFun Club documentation that showed affiliates signing into uPayCard and conducting uFun Club related transactions.

These transactions were conducted under the business name “uPocket LTD.”, with there being no mention of uFun Club on any of the invoices uPayCard provided uFun Club affiliates.

Whether or not uPayCard are being used to pay ROIs to uFun Club investors as of yet is unclear.

I myself tried to get to the bottom of the relationship between uFun Club and uPayCard on May 29th:

I am writing to you about one of your clients, uFun Club, dba uPocket LTD.

Would it be possible to get a statement pertaining to uPayCard’s level of due diligence conducted before taking uPocket LTD on as a client?

uFun Club is currently under investigation in Thailand, Malaysia, China and Vanuatu. Thai police estimate it to be a $1.17 billion dollar Ponzi scheme.

Missing that with even the slightest due diligence conducted would be a difficult task, but I’ll give you the benefit of the doubt.

I look forward to your reply,

-Oz

My email was assigned a support ticket by uPayCard’s support department, but as of the time of publication I’ve yet to receive a reply.

Whether that’s indicative of uPayCard’s general level of support is unclear.

What is clear though is that between StarAd24 and uFun Club, uPayCard appear to be targeting very specific type of businesses as clients.

Whether or not that comes back to bite them in the ass remains to be seen.

Related Posts:

1. uFun Club’s new payment processor is uPayCard- May 29th, 2015
2. Britain looking to thwart uFun Club IPO offering- Jun 19th, 2015
3. FBI & Australian authorities investigating uFun Club- Jun 4th, 2015
4. 2nd uFun Club warning issued by Central Bank of Brunei- Jun 26th, 2015
5. 13 uFun Club scammers plead not guilty (Thailand)- Jul 6th, 2015

UPayCard is a payment solution that is full regulated by the Financial Conduct Authority in the United Kingdom. It has been on the market for a few years now but existed somewhat in the background until 2017, after which it became one of the fastest rising payment solutions worldwide.

It has been said that UPayCard was created after learning from the mistakes that popular web wallets made, including Neteller and Skrill. And that’s saying something, because if you ask many online gamblers Neteller and Skrill are two of the best payment solutions online.

So, is that true and is UPayCard one of the better payment solutions out there, or should you stick with other available options? That’s what we aim to get to the bottom of in this extensive UPayCard review.

About UPayCard

As mentioned above, UPayCard is regulated in the United Kingdom for the issuing of electronic money and other payment services. It is registered under the name Moorwand Ltd in south-west London. It was first launched in 2013 and has been steadily gaining ground ever since, essentially building on a service that is similar to the likes of Skrill and PayPal and trying to muscle its way into an industry that has been dominated by these names for many years.

It uses the latest technology and state-of-the-art security to ensure its customers’ transactions remain safe at all time. It likes to consider itself as your “local supplier” wherever you are in the world and claims to have a team that has been operating in the prepaid-card industry since the very beginning.

So, the security is there, the technology is sound and the experience is also in plenty supply. But what does that mean for the average online gambler looking for a cheaper, better or more accessible payment solution? Is UPayCard the answer?

Pros of Using UPayCard

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These days all payment providers are secure, or at least they claim to be. They try to make themselves as secure as possible and that should ensure they are difficult if not impossible to hack, even though that is never the case. Unless one of them drops the ball, the security shouldn’t be an issue and the latest encryption tech should be a given for all companies that operate in this industry.

The only things that you can truly base an online payment solution on are the fees it charges and the amount of sites that accept it. As far as the fees go, you will struggle to find anything better than UPayCard. They took the Skrill mold, realized that the only issue that many customers have were the fees, and then removed most of them.

It does not cost anything to setup a UPayCard account and to maintain one. It is also free of charge to send and receive money, to check your balance and statement and even to leave your account inactive. The only time they seem to charge is when you deposit money into your account and withdraw money out of it, at which point their fees are roughly the same as Skrill, if not slightly less.

Their withdrawals charge a set price of $3 for Visa and MasterCard and between $10 and $25 for a bank transfer. You will also need to pay 1% of the total if you withdraw in Bitcoins. As for the deposit, it can range from 1% to 2.9%, depending on the total and the method. They accept a variety of methods, including credit and debit cards, and most transactions are processed quickly.

You can also use your UPayCard account to buy an actual card and have this shipped to you. From there you can use it just like a debit card, making all kinds of purchases. You can withdraw through an ATM as well if you choose. So, basically, you can deposit winnings into your UPayCard account, get these on a physical prepaid card (the card is free, but you pay for shipping and handling) and then use this to spend freely.

Cons of Using UPayCard

While UPayCard excels with regards to fees, it lacks the accessibility that Skrill provides.

Upaycard Ltd Denmark Share Price

Skrill and Neteller, combined, are available on more online casinos and sports books than PayPal is. But regardless of whether you use PayPal, Skrill or Neteller, you can still have your pick of the majority of regulated gambling sites around the world. However, that’s not the case with UPayCard. Only a small number of betting sites allow you to use this card and that’s a bit of a letdown.

On the plus side, the list of compatible sites is growing all of the time and will continue to grow as UPayCard expands. What’s more, there are countries where PayPal, Skrill and Neteller can not be used, countries where you may be able to use UPayCard. For them, UPayCard becomes one of the most accessible payment solutions on the market, while the Big Three are completely useless.

Upaycard Ltd Denmark Ltd

UPayCard in India

Many web wallets and payment solutions are not available to customers in India, but UPayCard bucks that red, which is part of the reason it has grown so quickly in recent months. There is a huge list of accepted countries, one much too long for this guide. But needless to say if you have money and access to gambling sites, then you should be able to use UPayCard.

In fact, many Indian players prefer this to other methods and it has become their main payment solution for funding and withdrawing from online gambling accounts. And why not? It’s safe, it’s cheap (and mostly free) and it’s accessible.

Our Thoughts on UPayCard

There is a lot to like here. One of the things we dislike about payment providers like Skrill is the accumulation of fees, which means that large chunks of your money is taken by the time you deposit, play, transfer and then withdraw. There are still some of those fees taken by UPayCard, but not quite to that extent.

The main benefit of UPayCard, however, is the fact that it can be used in countries where other payment providers can’t and that’s crucial for gamblers in countries like India. All in all, this is a solid payment solution and one we are more than happy to recommend.