I've created this PyraBang FAQ to help everyone understand how Pyrabang works. The first set of questions with answers are concerning the Pyra Bang commission plan. The second set of questions with answers are concerning the Pyra Bang advertising. I've stated the commissions plan FAQ first, because it is brief in terms of FAQ. Questions with Answers are numbered for convenience. There is also a video below the FAQ that will contribute to understanding what PyraBang is.
1.) Is there a free membership and if so, can I earn commissions?
*Yes there is a free membership. Free members are known as 'Basic' members. Basic members can earn $3 for each gold member they sponsor. Basic members also can make a 10% bang profit off of every investment in their posts.
2.) What is the cost to be a paid member?
*The paid membership is known as the 'Gold' membership. The cost to be a gold member is $5.95 per month.
3.) What do gold members receive?
*Gold members receive 400 bangs every month. Gold members also are eligible for $12 bonuses on each gold member they sponsor. The $12 bonuses are paid out over a 3 month time frame. Gold members also earn .95 cents residual monthly income on those gold members they personally sponsor through ten levels. Gold members in addition can earn .45 cents monthly residual on other gold members in their ten level organization. Gold Members make a 20% commission on investments in their posts.
4.) When are gold members paid their commissions?
*Commissions are calculated from the first of the month to the first of the next month. Commissions may be withdrawn on the 7th of the month.
5.) What payment options are available?
*Payment may be made securely by way of PayPal and Credit Cards (Mastercard, Visa, Discover, American Express) through Authorize.net. More options may be available soon and since the time of this typing.
6.) How are commissions paid?
*Commissions are paid out by way of PayPal and AlertPay options. However, it is stated that other forms of payout is arriving soon such as by way of check and direct deposit.
6.) What type of matrix plan structure does Pyrabang have?
*PyraBang's matrix plan structure is actually very unique. It is a binary with a ten level structure. It's the only program I know of in which spillover happens readily. It's also the only binary I know of that truly pays you on all paid members, not just one leg or the other. Additional first level positions can be gained as well. You can think of it as every time a member sponsors 3 gold members, one spills over...and this process is continuous.
7.) When did you join and have you been paid yet?
*I joined PyraBang on Feb. 17, 2009. My first commission payout will be March 7th.
8.) What is Pyrabang?
*Pyrabang is an advertising network that pays it's members. You can think of google ads or
bidvertiser or similar. To advertise with those companies, it can cost a lot of money. Most charge on a per
click basis and needless to say, this can add up to a very large expense. At PyraBang, your posted ads can literally
circulate on hundreds to thousands of websites. Even as a free member, you can post ads.
9.) What is 'bangs' exactly?
*You can almost think of 'bangs' as 'credits'. Bangs are worth 1/10 of a cent. 1000 bangs equal
$1.00. All gold members receive 400 bangs per month. Gold members can then apply portions or all, to their posted
ads. Members may also invest in other members ads by investing bangs. There are several ways to use bangs, invest
for more bangs, profit in bangs, and even cash out bangs.
10.) What is PyraWords?
*Pyra Words is the ad code that can be copy/pasted and placed on blogs, websites, etc. The code
generates members ads. The pyra words code also generates the PyraBang sponsor referral url. Members are not
forced to utilize the code. However, there is great incentive to do so. Gold members decide which ads should circulate
on the network.
11.) How many bangs can a gold member purchase per month?
*Gold members automatically receive 400 bangs per month. However, gold members can also purchase up to $12.00 (12,000 bangs) in extra bangs per month.
12.) Who owns PyraBang?
*PyraBang consist of 13 partners. The president is Christian Perdillo (also known as 'NEO' on site). The
vice-president is Eric Nordstrom (also known as 'welcome' on site).
13.) Is there great support?
*Yes there is. On site is phone and contact information. In addition, every day partners can be located in
real time within the member's welcome page at the 'Shout Box'. The shout box is a place where members can communicate in real time. It's fast and easy to get questions answered almost immediately.
14.) How is PyraBang advertising different?
*Unlike many advertising networks that only circulate members ads on their own replicated pages, PyraBang is a network of 100's to 1000's of independent websites.
15.) Can I trade in my bangs for real money?
*Yes. Bangs are real money and you can convert them to cash. You have a dollar balance and a bang balance. You can transfer bangs back and fourth.
16.) Do members view other members posted ads?
*Yes they can. Members are not forced to view other members ads but it is a good idea. Because
members can invest in other members ads and gain profit bangs and even trade in bangs for cash. Members can set
preferences as to the type of ads they are most interested in viewing. Also, there is a search feature in which
members can search categories.
17.) What is the Portfolio?
*Members have their own portfolio page. Within the member portfolio, they can view their ad, edit
their ad, see how many views their ad has received, see how many members have invested in their ad, see how many bangs
they have profited from their ads, etc.
18.) Can gold members invest in their own ads?
*Yes.
19.) What's the difference between a referral and a sponsee?
*A referral is someone who has been referred by you and visited PyraBang but has not signed up. A sponsee is someone who has joined PyraBang in your sponsorship group that you personally referred to PyraBang.
20.) Can I enroll family members?
*Yes you can. Just remember that if you are a gold member enrolling a family member to gold, use another credit card than the one you used.
21.) What is an invitation code?
*An invitation code is your sponsor's username on PyraBang. If you do not see my sponsor name in
the sponsor box on the enrollment page, please enter it : netmoney To sign up and get started right away, please
visit my PyraBangs website http://pyrabang.com/go/netmoney. View the brief video below and see GETTING STARTED information below the video.