Speak Asia Online Get Paid for Surveys Legit or Scam

What?

Speak Asia Online is an online survey business that's making buzz in India these days for rewarding its registered users just for participating in simple online surveys. Speak Asia has spread in India so much that now it has franchisees in almost all Indian cities and it's also being reputed as Asia's largest market research and survey group.

Here's their promotional advertisement telecasted in national TV channel - Imagine TV

When?

Singapore based 'Speak Asia Online' has been running survey service for over 3 years now (citation needed) and started its online survey business in India on 2010 February. Since then it has been attracting users torrentially and it is believed to have more than a million registered members in India already.

How?

Register and log-in to your account @speakasiaonline.com and earn reward points participating in surveys, study of ezines etc., which can then be redeemed for buying products or transferring money to your back account.

Legit or Scam?

Well, here's the tough question the answer of which may sound heart-breaking for those million+ users registered with Speak Asia investing their hard earned money. But truth be told as truth alone triumphs. The truth is there is no easy way of earning money online. The creative challenge is to tussle and work a lot to make huge money on the internet. All the money making sites that lure you by telling that you can absolutely earn big money spending few hours a week or with a little effort are nothing but scams for the jerk. Speak Asia Online is no exception, it must be a well planned SCAM to fraud poor fools out of their money.

Want Reasons and More?

Read some more @labnol.org where Amitji has done quite a lot of research on this fraudulent survey scheme and given solid reasons to support that 'Speak Asia Online' is a Scam. Check out the article published by the top technology blogger Amitji on his "Digital Inspiration" blog titled "Speak Asia - An Online Scam That Could Affect a Million People in India"

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7 comments

Rishi // June 30, 2011 3:01 PM

Dear Tech-wonder,The reasons you have enumerated are indeed strong but on giving a small thought on same will give you a valid reason for all:

1. Anyone with good search skills can easily search out the valid and inforce certificate of registration on ACRA's site.

2. The dollar rate is fixed at Rs 50 so as to avoid any ambiguity over rates when they charge subscription fees and pay the reward. This is so even in case of other sites as well who does have office in India.

3. Speakasiaonline is also going to open a office in Mumbai by mid April 2011. They do have a customer support in India. Any business is not required to be registered in India like paypal and others who are registered in other countries but still facilitating Indians in foreign transactions.

4. Paypal also don't need any documentation to transfer any funds. The funds so received should be through a valid channel - that's banking channel which is happenning here.

5. I agree that little is available on internet about these people but then when you get yourself registered with Registrar of companies (ROC) in India, you need to supply all information to them not to internet. Yes, internet users can contact ROC to get the info. and so is in the case with ACRA.
uday // June 30, 2011 3:05 PM

Thank you very much...nice blog.will call you tomorrow sir and get full details
dart combos // June 30, 2011 3:47 PM

Thanks for sharing, I like this blog!
Wysinger // June 30, 2011 3:49 PM

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Vinson // June 30, 2011 3:56 PM

I'm impressed, I must say. Very seldom do I see a blog thats both informative and entertaining, and let me tell you, you have hit the nail on the head. Your article is important; the matter is something that not many people are talking intelligently about. I'm really happy that I stumbled across this in my search for something relating to this.
Newsbeats // July 30, 2011 6:54 PM

I having 101% sure this Speak Asia is fraud. They only shows dream to be crorepati in a night . I also quite impress by them but finally thanks to god for save me.
Legitimate Surveys // November 21, 2011 11:24 AM

So I uderstend you need to live in India to become a member?