Is US Global World Wide a scam? It might be spelled with a space between World and Wide.
US GLOBAL WORLDWIDE (www.usglobalworldwide.com) is a credit card processing company that offers individuals the opportunity, with a large sign up fee, to be able to set up their own business and solicit companies to sign up with them (switch their processor) and save money by reducing their percentage charged to process their credit cards. The individual who pays either $599.00 or $899.00 to become one of their agents will earn .5% on all of the credit card purchases processed by US Global. The goal of the agent is to sign up as many businesses as possible so their .5% becomes a very profitable business. My question is: Is this a scam or is this a good business opportunity?
I believe the "large sign up fee" is the giveaway.And this also appears to be a "multi level marketer" much like am way.Is it legal, sure, must likely? A good way to make money, I doubt it highly.