Panda Research is a website that pays its members to do a number of things- read emails, complete some offers and fill out surveys. In this review we take an in depth look at Panda Research to learn everything you need to know about the site.
About The Company
PandaResearch.com has been around the block since 2005. It's owned by A&A Marketing Inc., the same organization that owns renowned sites InboxPays.com and MindsPay.com. However, if you're looking for their accreditation with the Better Business Bureau, then you'll be disappointed. After a thorough search, nothing came up. Widen the scope and you'll find the parent company A & A Marketing. This doesn't mean you're clear though. The BBB states that the organization has not been reviewed or accredited by them.
At first glance the site seems very outdated. The text is very small and the whole platform isn't entirely user friendly. This isn't necessarily a red flag but it definitely lowers our opinion of them.
In many ways our standards for comparison are set by Swagbucks. There interface is incredible appealing and the site has loads of offers and opportunities for its members.
Signing Up for Panda Research
Survey panels are about a dime a dozen, and most operate under the same principle- members take a few minutes of their time to answer a paid survey. There are some restrictions to acquiring a Panda Research log in, the most notable of which is non-US residents cannot sign up for it. You'll have to be 18 or above in age as well.
The registration page displays the fields you'll have to complete. Information such as date of birth, income, gender, email address, etc. You'll also be asked to fill in both demographic and personal information that will serve as targeting purposes for the available surveys. There's a pleasant surprise at the end- you'll get $3 in credits as soon as registration is completed.
Keep in mind that registration is free, but you'll soon start receiving marketing emails from them. Some of these contain profitable offers but nearly all of them require credit card information, shipping payments, or a subscription of some kind.
You'll be given a number of money making options the moment you log in to Panda Research. Survey panels can sometimes have a maximum pay rate of $75, however you should not be expecting to get any surveys at this rate. They are few and far between and fill up very quickly. A munch more realistic range is $.50 to $10 for a typical survey.
The minimum threshold for cashing out with Panda Research is $50. Members can request their money once it reaches $50 and above. Panda Research payment come in increments of $50. This means that if you have $125 in your account, you can cash out $100 (2 increments of $50), but will not be able to withdraw the remaining $25 until it reaches $50.
Panda Research will credit your account once the survey is fully completed and filled out. Panda Research accepts most of these surveys from third party companies and other organizations as advertised on their website. The surveys themselves can take anywhere from 10 minutes to 1 hour to complete.
Will you be willing to take up offers by some companies? Some examples include free trial offers, satellite TV subscriptions, etc in exchange for doing a stress test regarding their products or services. Some of these offers come in through your email when you register for a membership with Panda Research. They're not all completely free though; sometimes you'll need to put in your credit card information. In other instances you'll be required to pay for shipping plus handling. These free trials have a way of sneaking up on your credit card statement as they expire, so make a note and cancel the service before the trial period expires.
Panda Research has a decent referral program and will pay you for each successful one you make. You can invite your friends and family to make an income on the side. Each action they take (surveys, paid offers) will get you a share of the pie. As long as they keep an active account, you can take 10% of their earnings. Provide them a custom referral link to activate the referral feature.
You can take advantage of offers like this by learning more about affiliate marketing. If all you know are 5 people or less, then it won't make much of a dent.
So Is It A Scam?
Is Panda Research scam or not? At first glance, it doesn't look like a cheap scam. But take a closer look and you'll find some sketchy elements which are somewhat disconcerting. Legally, Panda Research operates within the confines of a legitimate company but in BBB's eyes, it's not so clear. They aren't accredited, and that lack of affiliation is somewhat of a red flag.
Check out the website with a magnifying glass. The whole site looks and feels very outdated. Even the copyright text reads “2005 – 2009”.
After diving into some customer reviews, the biggest red flag becomes clear – inconsistency in payment. Some members of Panda Research are getting paid; some aren't. Is there any logical explanation for all this? Payment failure is well-documented within the site and in other forums and review sites. For some, payments get delayed up to the point that there's no hope in getting it back.
Worse, Panda Research doesn't have any guarantee of payment on their website. Sure, signing up is free and you get paid in a number of ways, but this is a serious concern. Participating in the survey panel program is a lot like playing the risk game. You'll wonder if you'll be getting paid at all.
Taking this into consideration, Panda Research is not a site we can recommend. It's a mediocre survey panel at best and the payment concerns make it way too sketchy. Bottom line is that there are better sites that pay good money out there.
If you're still looking for great opportunity to make money taking online surveys, we definitely recommend that you sign up for Swagbucks. The site is easy to use, fun, and full of engaging ways to make some digital mula. Click here to sign up now!