GDCA Issues Netpay Warning

Not that I’m a particular fan of GDCA, but they’ve issued a warning on Netpay, another e-currency which I’ve heard of it’s existence when DXGold evolved.

After multiple complaints from customers, exchangers and GDCA members, and lack of reply from NetPay, we suspended their membership. As at least three cases involve substantial amounts we are also convinced that the India-based operators are willfully defrauding customers, partners, and supporters.

You can’t really find alot of information on Netpay’s site either. The ‘About Us‘ section does not mention much about its operations, and their claim of over 105,000 members remains a question to me. I understand that they’ve migrated from Netpay.tv to Netpay.com but it should reflect a healthy Alexa ranking if the client base is of that amount.

The credibility of both GDCA and Netpay is doubtful, but just to be on the safe side, avoid using Netpay.