ChicPayment is a member driven, revenue share, marketing system, allowing members to market other online ventures. Which means the members buy ad credits or shares and those ad purchases earn the member a share of the company sales until a certain percentage is reached.
Whois information lists John Miller as admin of ChicPayment, no privacy protection is used. Nice change! As the information is available, I won’t go over what is listed there. Please remember, everyone should always investigate for themselves before joining any program. The admin of ChicPayment is available on MMG forum to provide support and answers to any questions you have.
How It Works
You purchase ad shares, these ad shares earn daily percentage. You earn for 100 days and the percentage depends on which ad shares you decided to purchase. There are three levels or plans you can purchase. Listed below. 100 days means 100 calendar days in the plans. Compounding is available and there is no forced repurchase.
ChicPayment is using Payment Processors: SolidTrustPay, Liberty Reserve, EgoPay & PerfectMoney, the minimum cash out is $5 and cash outs are processed in from 24 to 72 hours.
ChicPayment plan #1 :
One Position Cost : $5.00
Daily Plan : 1.50% For 100 Days
Total ROI: 150 %
Maximum Position: 2,000
Ad Credits: 3,000
ChicPayment plan #2 :
One Position Cost : $10.00
Daily Plan : 1.75% For 100 Days
Total ROI: 175 %
Maximum Position: 5,000
Ad Credits: 6,000
ChicPayment plan #3
One Position Cost : $15.00
Daily Plan : 2.00% For 100 Days
Total ROI: 200 %
Maximum Position: 10,000
Ad Credits: 9,000
These rates are on the lower side, but hopefully this is pointing to a long-term program that has no plans to scam. I did ask John on MMG what other streams of income ChicPayment was going to use to pay the members daily shares. As I expected, no specifics were given, but admin and his team have plans in the works. How successful they are in this will influence how long ChicPayment will be able to sustain this program. As well as member participation and promotion of course.
referral commissions are paid on three levels: level one = 7%, level 2 = 3%, and level 3 = 1% This is paid on all of their ad share purchases.
I found the site and back office easy to understand and navigate so far. The FAQ’s address the usual questions and are easy to understand. ChicPayment is in pre-launch for the next 10 days and was just released yesterday. Funding is not yet available but will be after the ten-day pre-launch period.