What is RotatePay?
Ans. RotatePay is an online community of people giving and receiving financial aid to each other in order to grow financially and break the chain of poverty.
Who owns RotatePay?
Ans. ROTATEPAY is a network of some financial, IT developers and networking business experts that contribute their relevant skills in developing a non-profit platform that will enable the general public to Offer and Receive financial aid among themselves. This means, ROTATEPAY is not owned by any individual or entity.
Is RotatePay a bank or investment company?
Ans. No. RotatePay is not a bank or investment house.
Who can join RotatePay?
Ans. Any person(s) above 18 years of age can join RotatePay. RotatePay has no gender, religion, race or tribal discrimination. The participants are asked only to follow the recommendations and avoid benefiting from others.
Who are GIVERS?
GIVERS are members who OFFER AID. They are active members.
Who are active members?
Ans: ACTIVE MEMBERS are those who have OFFERED AID but, have not RECEIVED AID yet.
Do participants pay into a central account?
Ans: No. Participants give financial aid to each other and pay directly to each other.
When I offer financial aid, how long does it take before I receive my own financial aid?
Ans. You will receive financial aid 14 days after you offered financial Aid
How much bonus or interest will I get after 14 days of offering financial aid to a member?
Ans: Your bonus or interest value is 40% of the total amount of financial aid given.
What do you mean by insurance on my money donated?
Ans. The insurance here means a STRATEGIC LOGIC on the system that ensures that participants are compensated in the event of system Pause Mode.
What is the 10% used for and why am I paying it first?
Ans. The 10% payment is used as insurance to make sure participants don’t lose their money incase other participants fail to offer financial aid when matched to offer. Paying it first is to confirm participant’s commitment and to ensure every member pays when matched to offer aid.
What if participants fail to pay when matched and panic affect the system, will I get any compensation?
Ans. Yes. RotatePay has been designed in way that even in the event of panic (System Pause Mode), participant’s who are waiting to receive aid will be given certain percentage from the insurance investment of the system.
Wow! I like RotatePay, but would I get bonus for referrals?
Ans. Yes. Every member gets a 10% percentage as referral bonus when referral transaction is confirmed.
Why should I trust RotatePay to be different from others?
Ans. You have to trust RotatePay because no other system has such strategy to secure your aid from complete loss.