Third party investment platforms, unrealistic return claims, and regulator warnings

Pay It Now and the PIN Network provide services that allow customers to buy, sell, and transfer digital assets. We do not provide financial advice and we do not endorse, promote, recommend, or partner with any third party investment platforms, managed account services, trading bot programmes, or schemes that claim to generate returns.

Digital assets are high risk. You may lose some or all of the funds you transfer, hold, or transact using digital assets.

Pay It Now does not assess, verify, or approve third party platforms or services. Any decision to transfer digital assets to a third party platform, wallet, or service is made solely by you and at your own risk.

Unrealistic returns and high risk claims

Claims of guaranteed profits, fixed returns, or low risk outcomes in relation to digital assets are a significant warning sign. No legitimate crypto related investment or service can guarantee returns or remove risk.

If a third party platform or individual is promoting unusually high returns, guaranteed outcomes, or claims to eliminate risk, you should exercise extreme caution.

Common scam and fraud warning signs

Warning signs that may indicate scam or fraudulent activity include, but are not limited to

• guaranteed returns or fixed daily or weekly profits
• claims of secret strategies, automated trading bots, or AI systems that supposedly remove or minimise risk
• pressure to act quickly, limited time offers, or invitations through private groups or direct messages
• requests to send digital assets to a wallet address you do not control
• requirements to pay additional fees, taxes, or top ups in order to withdraw funds
• advice to avoid banks, auditors, regulators, or to keep the arrangement confidential

If one or more of these warning signs are present, you should stop and carefully reassess before proceeding.

Regulator warnings and public alert resources

Before engaging with any third party platform or service, you are strongly encouraged to review warnings and alerts published by financial regulators.

Australia
ASIC MoneySmart Investor Alert List
https://moneysmart.gov.au/check-and-report-scams/investor-alert-list

New Zealand
Financial Markets Authority warnings and unregistered business alerts
https://www.fma.govt.nz/library/unregistered-businesses/

Platform controls and restrictions

To meet our anti-money laundering, counter-terrorism financing, and fraud prevention obligations, Pay It Now applies risk based monitoring and customer due diligence.

Where we identify credible indicators of fraud, scam activity, or regulator warnings, Pay It Now may take steps including

• requesting additional information regarding source of funds, source of wealth, or transaction purpose
• applying restrictions on deposits, withdrawals, or transfers
• delaying or refusing transactions where required for compliance or client protection
• blocking transfers to addresses or services reasonably believed to be associated with scams or fraudulent activity
• suspending or closing an account where risks cannot be adequately mitigated

These actions may be taken without prior notice where required by law or regulatory obligation.

Your responsibility

You are responsible for

• conducting your own research before engaging with any third party platform or service
• seeking independent advice from a licensed adviser where appropriate
• maintaining the security of your wallet credentials, seed phrase, and private keys
• assessing the legitimacy and risks of any third party platform before transferring assets

Pay It Now is not responsible for losses resulting from interactions with third party platforms or services outside of the PIN Network.

If you believe you have been targeted or scammed

If you believe you have been targeted by a scam or fraudulent activity, act immediately. Contact your bank or payment provider and report the matter to the relevant authorities.

New Zealand
Report a scam to the Financial Markets Authority
https://www.fma.govt.nz/scams/report-a-scam/

Department of Internal Affairs scam reporting guidance
https://www.dia.govt.nz/spam-how-to-report-scams

Australia
Report scams or misconduct via ASIC MoneySmart
https://moneysmart.gov.au/check-and-report-scams/investor-alert-list

Important notice

This information is general only and does not constitute financial advice. You are responsible for your own decisions and for understanding the risks associated with digital assets and any third party platform you choose to use.