Member Avatar for skatewhale

Hi, anyone tried Greenzap.com? It is a new online payment site like paypal. However, they don't even have contact info. Is might be some sort of scam, any one tried it?

  • 3 Contributors
  • 2 Replies
  • 314 Views
  • 3 Months Discussion Span
  • Latest Post Latest Post by etechsupport

Dani AI

Generated

This thread dates from 2005, when asked if anyone had tried Greenzap and other members raised serious worries. Below is a compact, practical guide for vetting any new payment service (and what to do if you already used one). It expands on the concerns other posters raised without repeating their specific allegations.

  • Verify identity: require a verifiable business name, physical address, phone number, and corporate registration you can look up in the appropriate state registry.
  • Regulatory checks: for U.S. operations, confirm money-transmitter licensing or the absence of it with the relevant state regulator before moving funds.
  • Security and compliance: insist on clear PCI DSS status, visible HTTPS/TLS, published privacy and dispute policies, and a documented chargeback/refund process.
  • Public record and reputation: check WHOIS/domain age, independent reviews, complaint databases (BBB, forum histories), and recent news items. Treat heavy marketing with no substance as a red flag.
  • Operational tests: run a low-value transaction and confirm the refund/chargeback path works. Avoid giving access to large sums or long settlement holds until satisfied.
  • Contracts and limits: merchants should require written terms, caps on exposure, and proof of banking sponsorship; customers should keep receipts and screenshots.

If you suspect fraud or loss: preserve all records, contact your card issuer or bank immediately to request a chargeback or stop payment, and file complaints with consumer protection authorities (for example the FTC and the Internet Crime Complaint Center) and your state attorney general when appropriate. Escalate to local law enforcement if funds were stolen.

Given the red flags already noted by and the contact-concern raised by , treat unknown processors as high risk. Because this discussion is old, always verify the current legal and operational status of any company before using it.

Recommended Answers

All 2 Replies

Member Avatar for mikejones

GreenZap is nothing but a scam....

They told everyone it would be a $25 referral fee- that became some sort of coupon, of course no one could ever find anywhere to use this stuff they called web cash.

They put up a bunch of logos fom stores like Amazon, Target, NetFlicks etc, then they got busted for it, so they pulled them down.

They are lame enough to open a section called "Auctions" on their site that is just a hard coded link to ebay.

They have made numerous promises to deliver all sorts of services, but never followed through..."summer 2005" (as promised on the site) is over, but nothing is there.

They got busted for using the same server as a known scammer named Damon Westmoreland... So they just claimed he was a consultant.... But he is now the CEO.... (the consulting thing must have been a lie - who turns a consultant into CEO).

The latest is a big pump and dump scheme. They "sold" greenzap to a holding company and issued 75,000,000 shares.... Then "Wall Street Capital Funding" was paid $30,000 to put out all sorts of promotions for their stock including faxes, and spamming the net.
(just read the disclaimer at the bottom:
"WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Thirty Thousand Dollars for coverage of NPW Development, Inc. (NPWV)"
http://finance.myway.com/jsp/nw/nwdt_ge.jsp?news_id=iwr-095475&feed=iwr&date=20050916

Suddenly Greenzap is now releasing all these press releases about itself trying to sell off some of their stock to poor fools.

Anyway the one mistake they made is they are not licensed to transmit money... Anyone that has any dealings with them should report them:

Member Avatar for etechsupport

I hope they are hiding their identity by not providing contact info, how one can rely on their reliability. I too think it is something scam.

If you're looking for alternate solution for reasonable charges and good service you can go with chronopay.com.

Be a part of the DaniWeb community

We're a friendly, industry-focused community of developers, IT pros, digital marketers, and technology enthusiasts meeting, networking, learning, and sharing knowledge.