Panamoney seems to be back in business, the admin has sent out a newsletter and I have been able to make a withdrawal request. I will not change the status until the payment is received.
Dear PanaMoney Client,
We are happy to announce that the new trading system starts trading on May 6 as planned.
All transactions in the accounts are available in their normal way; however, we are still working on the new updates in the client account area as announced in the previous newsletter.
The technical updates we are developing will not anyhow affect the trades nor any other transactions, although can cause some delays. All bank transfer and other withdrawals will arrive in the nearest 2-4 days.
Looking forward to our increased profits and improved features,
PanaMoney Technologies, Inc.
02/05/10
Panamoney have updated on their programme changes and the non trading days over the next week:
Dear PanaMoney Client,
Taking into account the maintenance days connected with the launch of a new trading system and expecting the increase in our trading performance, we would also like to announce the company's future plans to improve our services and user-friendliness of our website.
All improvements will be seamlessly performed at the end of May and will have no effect on the website availability or ongoing trading activities. The new features in the clients' account area will include the extended information about the referrals; the possibility to request the payment reports via e-mail for every withdrawal processed and extended options for combining the investments.
We would also like to announce the start of the testing stage for new currency pairs. We are testing different popular currency pairs and will implement those, showing the best performance with our new trading system.
Your ideas in regard to your back-office improvements are welcomed, as you are those we make them for.
Sincerely yours,
PanaMoney Technologies, Inc.
21/04/10
Panamoney are getting ready to launch their new trading system - this is being advertised as giving a significant increase in trading results - Great news:
Dear Client,
The previously announced new trading system will start its implementation. The procedures will require all payment processors integration and technical upgrade and planned to be executed within April 21 - April 28. The period is included into non-trading days not affecting the investment periods of current investments.
After the integration, all active investments as well as new will be automatically traded with the new trading system, which during its testing stage has demonstrated 20% performance increase compared with the current interest average for all currency pairs.
All accounts will be accessible with the non-trading transactions available, as well as the procedures like bank transfer validation, etc. performed in usual manner.
Sorry for the inconvenience and looking forward to the better profits with our new system.
Sincerely yours,
Customer Support,
PanaMoney Technologies, Inc.
11/04/10
Panamoney have published a list of their agents - I guess that this is a way of boosting investor confidence after the recent problems. Right now they are paying on time and I hope this continues.
Dear PanaMoney client,
PanaMoney Technologies, Inc. placed a list of the company's regional representatives at the website. Our representatives in different countries can assist you in your native language, if applicable, in regard to starting your managed Forex trading account with PanaMoney and other procedures.
Best regards,
PanaMoney Customer Support
I have just received the following update from the admin of Panamoney:
Dear Client,
PanaMoney Technologies, Inc (www.panamoney.net) has added AlertPay as one of the funding and withdrawal options. AlertPay accounts can be funded with Visa, MasterCard and American Express. You can find details at www.alertpay.com.
Sincerely yours,
Customer Support,
PanaMoney Technologies, Inc.
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