Is Greenzap just a pyramid scheme?

I imagine quite alot of you have heard of greenzap.com, it's an alternative to paypal that's launching in the summer. However, I have doubts that it's actually legitimate myself. "Too good to be true" comes to mind when visiting their website, they offer $25 free for everyone who joins for a start.

There has been speculation on other websites and forums for a while now, it offers a very extensive referal/affiliate scheme as well, to me it looks like a glorified downline/pyramid system, who remembers that internet scam a while back? (I assume it was because I haven't heard anything more about it!).

What's your take on this? Anyone signed up?

I think its either a fake site just getting details for pre signups like juiceboosted or its a pyramid style like stormpay.com

"Servicez, Accountz, Rewardz.." Honestly.. I would personally never trust a website with my money that used words spelled like that... It's just simply foolish.

Bennett, they're trying to reinforce the identity by using a Z instead of an S, note GreenZap. Until I look into it more, I really couldn't tell you Rob.

I posted an article on yaxay regarding GreenZap but for the sake of keeping the discussion on this forum I'll link you to it here: http://talkfreelance.com/showthread....4201#post34201

Take note, this article was written by me and will be published on my resource website. If you're overly sensitive to other people's opinions or feel like your being solicited things when you spot a referral link, I highly advise you to steer clear.

^That's my disclaimer

I realise that--and that is mainly why it was my opinion.