Just some short, but bad news from NeoBux. Paypal has frozen 72% of funds in the NeoBux account and also suspended the account for the next 180 days. The reasons? With one word, Paypal…

Paypal isn’t giving the NeoBux admin any specific information besides telling him that “too many transactions were done with his account”. WTF? What did they expect from a PTC site with nearly 2 million members, 10 transactions a day or what? Although you can use Paypal nearly everywhere on the web, I really believe they get worse each day, now that they also refuse to work with one of the rarely honest PTC’s on the web, and that in times of one bank crisis after the other…that’s ridiculous!

Anyway, NeoBux admin has announced that instant payments won’t be affected by this “ban”. In fact, nothing will change with NeoBux besides only having Alertpay left as a payment processor. The site business is still running stable, although a great portion of the funds are frozen right now.

Maybe it’s time to introduce NeoBux’s own debit card? Maybe this ban isn’t as bad as we all think it is as it drives even more innovation. Well, we’ll see…

Bye,
Querblogger