According to PeepsPay.com, it’s a site that pays its members for performing certain activities and tasks that they normally perform in their lives every day without any compensation.
Some of these tasks and activities include posting pictures, making friends, answering surveys, searching the internet, playing games, shopping, visiting various sites, watching videos, getting deals daily, registering others, and even viewing TV commercials.
About the Company
PeepsPay was launched on 19th June, 2012, which means it’s a new site that treads both the worlds of survey as well as GPT (Get Paid To) sites.
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The site’s mother company is International Interactive Ventures. However, not much is known about the company and its inner workings. Usual details like location of HQ, employee count, or even a working telephone number have not been provided.
The only ways for you to get in touch with company are through its official page on Facebook and a simple contact form provided on its website. Also, PeepsPay.com’s registration details remain inaccessible to the public.
Furthermore, as of this day, the site isn’t registered with the BBB and neither does it possess a TrustE privacy certificate. For most users, these bits of information work as a confidence building measure as it assures them that the concerned company is not keeping secrets and in the event of any problems, members can get in touch with a real individual through phone.
How Does PeepsPay Work?
PeepsPay promotes itself as the 1st social network offering you incentives to be part of its programs. I got a sense of their motive the moment I joined them.
It basically aspires to become your default homepage. It wants to be the gateway through which you engage with the internet in your life.
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PeepsPay has borrowed bits and pieces from different social media avenues like Swagbucks.com and Facebook before combining it in a single website.
On the site’s side bar, there are numerous options like registering for offers, completing surveys, online shopping, referring friends, updating your status, searching the internet, checking out for daily deals, and even playing internet games.
As is evident from the above, the site has indeed managed to combine together quite a few tasks that people usually do online. Consequently, every time you carry out any of these activities, you earn Peeps Dollars, which can later be redeemed for cash.
For instance, tweeting about Via.Me, which is a new social media app, makes you 160 Peeps Dollars. There exist numerous things that one can do for getting Peeps Dollars. And once you have completely executed a task, it takes between 5-30 minutes for your account to be credited.
What the Heck Are Peeps Dollars?
This is the default currency through which all business is done on PeepsPay.com. Every task you complete is compensated with Peeps Dollars and the prevailing exchange rate vis-à-vis the USD is 1000 Peeps Dollars for $1.
Members can choose to redeem their Peeps Dollars for cash via PayPal, gift cards or even Amazon Payments. The minimum amount required for a withdrawal is US $10.
The often-chosen method with PeepsPay.com is exchanging 9,995 Peeps Dollars for $19.99. However, only members possessing the Citizen status can sell their Peeps Dollars to the site.
For those without the said Citizen status, selling of Peeps Dollars to other members of the site through the latter’s Open Market is possible.
There are scores of people requesting for Peeps Dollars. You can choose to sell your excess Peeps Dollars to these people in exchange for actual money.
One can also earn the Citizen status by becoming a regular and active member of the site. The site follows the ‘tier’ approach when promoting members. As such, all those starting off have the Settler status.
The next tier is the Resident status, which one can achieve by completing 60 days as a member, taking 1 survey and 3 offers and having at least 10,000 Peeps Dollars in his/her account. The conditions to satisfy for a Citizen status are, 90 days as the site’s member and a referral count of over 25.
From this point onwards, you can redeem Peeps Dollars for a rate you deem best. The issue with such a method is that it takes 3 months to start earning a decent sum of money with this site. Adding to that is a strict basket of requirements.
Also, completing offers requires you to provide credit card details while registering for trials. Your credit card may or may not get billed.
Also, referring a minimum of 25 people is certainly hard as I personally like to not bother my friends with my penchant for survey sites. Simply put, profiting through friends or spamming them constantly with offers is something I do not prefer.
As of now, it’d be akin to jumping the gun to pronounce a judgment on PeepsPay’s legitimacy. Since the site has been around for a handful of months only, many of its functions are still not up and running.
Also, unlike with other similar sites like LaLaLoot,here members need to be part of it for at least 90 days before they are allowed to redeem their Peeps Dollars for actual money.
Moreover, they’ll be required to pay money in order to take offers while also spending lots of time trying to recruit people as referrals. And, the community that allows members to trade their Peeps Dollars has been disabled for a while now and features zero functionality.
The minimum threshold for cashing out at the moment is $10.
I also have a dislike for the fact that the company hasn’t let out adequate information about itself in the public sphere. In order for the site to gain some degree of trust and authenticity, it has to part with such vital and yet basic information.
I promise to post updates to this review as and when I come across more testimonials and reviews on PeepsPay. Meanwhile, my verdict at the moment is to stay away from PeepsPay as it is a waste of time (at least now).
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