How it works: Panda Research is a market data company that claims to have paid out over $2 million to date. Users complete surveys, which can take anywhere from 10 to 45 minutes each. The sign-up and survey completion process are both easy and typical, but there are a few things you should be aware of before investing too much time on the platform:
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No it’s not a scam, although lately it seems their partners may be scamming members. I have been an inboxdollars member since I believe 04. Last year they introduced the tv channel, just another way to earn first it was earn up to $2.00 a day viewing this channel then they capped it at .50 which is fine. It takes awhile, you see the same videos over and over again. The player eats up memory, retaining more than half of my 12gigs sometimes.
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They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.