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.
Reading through emails provides a meager compensation of only 1-10 cents per email. Other payments include doing internet searches (1 cent) and logging in (2 cents). Many users have mentioned how after partaking in a survey for some time, only after a while (around 5-10 minutes) were they notified that they “did not qualify” for the survey and therefore their accounts could not be credited for taking up the survey.
This is a service owned and operated by a Kenyan company known as Simba Survey. The company works with local and international businesses, government agencies, research institutions, NGOs and universities to create and deploy flexible and scalable mobile surveys. The survey rates can move from a minimum of Ksh. 50 upwards. There are two types of surveys one can take; the cash reward surveys and the draw entry surveys. Members can withdraw their money directly via MPESA.
Also, Panel Place makes for excellent user experience. It’s known that survey sites cannot make you rich; instead they are just for earning an extra income. As a result, users typically join different sites to earn extra bucks here and there. Keeping track of your activities in different platforms can be overwhelming. However, if you join Panel Place and connect all the survey panels you join with your Panel Place account, you’ll be able to see and manage all your activities in one place.