Is Panda Research a Scam or a Legitimate Survey Site?
All You Need to Know About Panda Research
Panda Research pays Americans to participate in surveys and offers. In return, you'll receive incentives that range from cash, prizes, product samples, gift certificates and drawings. The amount you'll receive for participating in the surveys varies between $5 to $35. Panda Research contacts you via email to participate in these surveys. The company allows you to refer your friends and family to receive additional rewards. Panda Research allows you to offer your opinions so you can impact the development of new products and improve existing ones while being rewarded for your time.
Sometimes, Panda Research conducts online surveys in which you'll receive no incentive; other times you're entered into major drawings.
How Panda Research Works.
So, how exactly does Panda Research work? First you'll need to click here to register. After you register you'll become a member. From there you'll be provided with the list of surveys that are currently available. Once you complete the initial screening, you'll be redirected to a list of sites that need your participation. The site has a list of clients who often need responses from people like you.
When their customers reach out to Panda Research, the company reaches out to people--like you--who may qualify to participate through email. The e-mail will contain a link to the survey and a login code.
Every time you take a survey you'll be screened. If you pass the screening process, as determined by the client, you will then continue on with the survey. You can only be paid for participating in the actual survey, not the prescreening process.
Each survey you take after the prescreening process takes about 10-15 minutes to complete. For each survey you complete you're awarded a few dollars.
When you complete the surveys and get approved for the reward, you will be eligible for payment. It takes at least two working days and up to a 1 week to get your offers approved from the advertiser.
Once you're approved by the advertiser, you'll need to reach $50 to cash out. At $50, you'll see in your account that there's an "Approved Status" section. Click the "Get Paid" button.
Once you click the "Get Paid" button, you will get a pop up on your screen with our verification department phone number. You'll need to call to verify your payment request. This multi-step process is used to keep fraud in check.
Once your payment has been verified, your payment request will be submitted. All payments are made directly to your PayPal account on the 1st or 15th of every month. There is a mandatory 30 day waiting period from the day you submit for payment if phone verified.
Panda Research Payment
Panda Research processes 100% payments by PayPal. It is an easy and convenient way to send and receive money online. In order to get paid you have to register with Paypal by going to www.paypal.com. Panda Research only pays users from a verified primary PayPal account.
You must be a U.S. citizen to participate.
All payments are made in multiples of $50 USD. For example, if your balance is $55.98, you will receive a payment of $50 USD. If your balance is $149.79, you will receive a payment of $100 USD. The remainder counts toward future payments.
- Users claim they're paid on time.
- The sign up process is simple.
- You can start working right away.
- You're paid via PayPal.
- You can refer your friends and family.
- The company has a negative reputation.
- There are hundreds of online complaints about the company.
- The support team is slow and unresponsive.
- Panda Research is not accredited with the Better Business Bureau.
How to Maximize Earnings
You'll discover surveys are generally posted on the site for two weeks, but the life span of each survey varies. Some are posted for a few days, and others a few weeks. The length of time you have to complete a survey depends on the number of people to sign up. Once Panda Research collects enough data needed by the client, they required close the survey. This means in order to maximize your earnings you have to act fast and fill out as many surveys as you can, knowing that each one will require you to go through a prescreening process and approval before you can begin.
Focus your efforts on filling out surveys that best apply to you. This way you can save time and focus on surveys that will pay you for your insights.
You can also refer your friends and family to Panda Research. Every time your friends and family complete a survey you'll be entitled to 10% of their earnings for the entire life of their account. This money is automatically put into your account. There's nothing additional you need to do.
Is Panda Research Worth My Time?
Panda Research has acquired a pretty negative reputation among surveyors in the online world. Although it seems like great opportunity to earn some money on the side, there have been serious doubts with the internet users. The biggest complaints about the company include a "NO PAYMENT GUARANTEE." It turns out Panda Research does not guarantee that a member will receive credit for a completed surveys and offers. This is a firm break from other top survey sites such as Swagbucks. Panda Research makes reasonable efforts to track and report your offers but it doesn't guarantee it will always work. Panda Research reserves the right to refuse credit to members for all sorts of reasons including: lack of appropriate information, improper signup, improper browser settings, and lots of other reasons.
There have been multiple complaints against Panda Review. It appears as though multiple users had been waiting to receive payments of $500 or more and received no response from the company, or they receive a fraction of what was promised. Panda Research states that payments on hold require approval by the respective companies which created the surveys. In all, working with Panda Research poses a bigger risk than working with other survey companies. To roll the dice, head over to Panda Research. If you are looking for some more lucrative options, check out our review of the top 20 online survey sites for 2017.
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