In the recent times less and less programs are able to add STP as a verified payment processor. STP changed their rules for hyip sites and even big and strong projects can't deal with STP.
The STP's standpoint:
"There are many programs making false claims, breaking promises and disappearing with investments.
STP has strict guide-lines for how programs can operate if they wish to use our services. This is implemented for your protection and greatly reduces incidents of fraud for our members.
SolidTrust Pay does not give Payment Buttons to programs making over-the-top promises about investment returns.
Ever encounter a program making astonishing claims on investment returns? Do the rewards sounds too good to be true? Most of the time they are. A promise of “1000% in 30 days” should be a red flag that a program might be making false claims. In fact, it’s highly improbable that a HYIP program would be able to generate that level of interest at all.
Always consider the online trends when investing in programs. Investing your money doesn’t have to be risky, as long as you do your homework and know where your money is going.
Does the program have a SolidTrust Pay Payment Button?
If a program’s website does not carry the SolidTrust Pay Payment Button, they do not have our stamp of approval. This button indicates whether they have met the criteria to run a business through our company and have been checked over by our staff. It is important to note that seeing a SolidTrust Pay logo on a program’s website does not guarantee that the company has been granted the privileges to use STPay as their processor.
Asking a SolidTrust Pay member for a manual fund transfer is against our Terms of Service and can indicate that the merchant does not have our approval to use our services."
All right, the information above comes from STP's blog, where you can't comment, but here you can - on InstantScamAlert's blog.
What do you thing, was STP created for this shady industry like LibertyReserve or PerfectMoney? Yes, it was. Thanks for hyips they were able to grow and this is still a goldmine for many payment processors. But what does STP do? They break the game so they will lose from popularity, STP HYIP investors will exchange their funds to join the biggest programs where STP is not more supported.
What do you thing, is this a business decision from STP? Have they woke up now? They just discovered that HYIPs are so risky, it is funny... So what's wrong with STP? If they have a clever management, they should hire more staff to handle these "problems" because the HYIP industry is their best income source. They won't do that.
So what is behind the scene? I am sure they want to clear their name and hands from shady transactions. Do you have another idea? Let me know it.
Chart of payment processors - the situation in the beginning of 2014
1) PerfectMoney deserved the first place, they are accepted at all hyip programs and they do not make barriers for admins nor investors.
2) SolidTrustPay - the falling star, will appear on the last place soon. Throne follower needed!
3) EgoPay - they can rank higher from the neutral zone, we will see...
4) the shared seat - payeer, qiwi, hd-money, bitcoin, okpay, etc.
Maybe Payeer? It is more and more popular just because they have so many top-up options and in Russia it is a top choice between hyips.
Thanks for reading, have a nice day,