Panda Research review : If you Google “ways to make money online,” you’ll almost certainly come across hundreds of references to online survey sites that promise to pay you a lot of money in your leisure time.
The reality is that, while many of them will pay you, they will not provide you with enough money to allow you to leave your day job.
Some are even scammers, promising to compensate you for your time but not following through.
We’ll go over how much you can earn, how it works, if it’s a scam or not, and whether it’s worth your time in this Panda Research review.
This review delves into the finer points of the site, highlighting some of its best features and assisting you in determining whether it’s a viable way to supplement your income.
Before reading the remainder of the review, you can go straight to Panda Research and get a sense for the site:
What is Panda Research, and how does it work?
Panda Research is similar to a lot of other online survey sites. This is a site where you can rapidly create an account, fill out your information, and be matched with paid survey opportunities.
Market research is conducted using online surveys. When you respond, you’ll be helping to influence companies, goods, and services.
Panda Research acts as a liaison between you and firms interested in learning more about you and your family, as well as what you do, like, and dislike.
Panda Research has been around since 2005, making it one of the oldest survey sites on the internet.
The same firm that operates this survey site also controls MindsPay and a few other prominent survey sites.
Panda Research does provide some extra ways to earn money, which may make it a viable option for those who don’t qualify for its surveys on a regular basis.
You can also: If you wish to earn money in addition to taking surveys, you can:
- Examine paid emails
- Free and paid offers in their entirety
- Please tell your friends and family about us.
- Receive unique offers and savings.
- When you complete surveys successfully, you can enter giveaways.
Who is eligible to participate in Panda Research?
Anyone in the United States who is 18 years old or older can participate in Panda Research right now.
You must also join as an individual rather than on behalf of a company or other entity.
According to the website, you can only have one account per valid email address. Panda Research may delete all of your accounts and forfeit your winnings if it discovers that you are using multiple accounts to gain more money.
What is the Process of Panda Research?
This site works in the same way as other survey sites. If you’ve heard of others, you’ll have a general understanding of how Panda Research operates.
First, you’ll create an account utilising the site’s straightforward registration form. You’ll start getting matched with surveys as you activate your account and fill out your basic information.
Panda Research will send survey invitations to the email address you provide, so make sure it’s one you check frequently.
Before you can respond to any survey, you must first qualify. Typically, the qualification procedure comprises completing a brief questionnaire to see whether you meet the survey’s standards.
Unfortunately, you won’t be able to participate in every survey you take. You won’t be able to profit from the survey if this is the case.
Panda Research will only pay you for surveys that you can finish completely.
Panda Research will credit your account the amount specified in the survey invitation when you finish a survey.
What Does Panda Research Do With My Data and Answers?
Panda Research conducts market research using the information you supply during surveys.
Your information will be shared with the firm that created the survey in order to assist them in answering their questions and shaping the company.
Panda Research does not share or sell your personal information to any other firm unless you directly agree.
What Sets Panda Research Apart from Other Survey Sites?
Panda Research differs from other survey sites in that it offers a variety of opportunities to make money.
When you finish a survey or refer a friend, most survey sites reward you with points or cash.
Panda Research also pays you to complete offers and read emails, giving you more opportunities to earn money.
This site also pays for surveys in cash rather than points, which is how most survey sites pay.
With cash accumulating in your account, you’ll always know what your balance is without having to calculate the value of your points.
What is the Process of Payment?
You’ll need a PayPal account to sign up for Panda Research. Panda Research is currently the sole company that accepts payments via PayPal.
Make sure you’ve provided the correct PayPal email address in your profile; otherwise, you won’t be able to receive your money.
You’ll get compensated if you complete a survey in its full. You will not get paid if you stop a survey halfway through or forget to finish it.
In cases where your browser had technical difficulties or something prevented the site from tracking your survey completion, the site does not guarantee payment for completed surveys.
As a result, ensure sure you don’t have any settings in your browser or computer that prevent the site from tracking your progress accurately.
Once Panda Research confirms that you completed a survey, your rewards should appear in your account. This procedure is frequently completed in less than 24 hours.
Paid offers work in the same way, but confirmation of completion may take up to a week.
You’ll be paid whenever you’ve accumulated at least $50 in your account, with at least $25 coming from completed offers.
Panda Research pays twice a month, on the 1st and 15th of each month, after a 30-day waiting period from the time you request payment.
Also Read : Online Survey Jobs for Students
For Whom Is Panda Research Most Appropriate?
This site is great for those who use other survey sites to supplement their income. Panda Research will take some time to pay you because you must complete all of the requirements for seeking payment as well as the 30-day waiting period.
As a result, having a couple different survey sites to get paid from while you wait for your payout is an excellent idea.
Panda Research’s Benefits and Drawbacks
Whatever the case may be, survey sites receive a lot of love and a lot of hatred. Panda Research isn’t any different.
I recommend going over some of the most essential advantages and cons before choosing whether it’s a decent place for you to spend some time earning money online:
Panda Research’s Advantages:
Offers a variety of ways to get money.
The sign-up process is straightforward, and you can earn your first $3 simply by completing the sign-on survey.
You’ll get a lot of survey invites and compensated emails in your inbox.
Pays twice a month with PayPal, one of the most easy and straightforward online payment options.
Panda Research offers some of the largest survey payouts, with longer surveys paying anywhere between $25 and $75.
Panda Research’s Drawbacks:
The minimum sum necessary for payout is very large, and at least $25 must come from fulfilled offers. In other words, you will never be able to make a living only from surveys.
Panda Research’s customer service might be improved. Many customers claim to have to wait a long time for a response, and some claim to never receive one at all.
After requesting payment, a 30-day waiting period is required.
Some internet complaints claim that PayPal payments took up to 90 days or more to arrive.
What Are the Panda Research Reviews Saying?
I looked at online evaluations of Panda Research, like I did with any site we examine on Frugal for Less.
I begin with consumer-oriented websites such as the Better Business Bureau (BBB) and Consumer Reports.
Panda Research is currently unaccredited by the Better Business Bureau. Given that it has been in operation since 2005 and is still unaccredited, I must infer that the company has no plans to obtain certification.
That isn’t to suggest it’s a bad thing, because it isn’t required. Most businesses, on the other hand, obtain accreditation as a means of demonstrating consumer trustworthiness.
I couldn’t discover any information about Panda Research on Consumer Reports or Trustpilot, either.
However, I was able to locate some information on Reddit and from work-at-home message forums.
At best, the reviews are mixed. Many people claim to have received money without issue, while others claim to have had to wait considerably longer than expected for reimbursements.
However, a common issue is that Panda Research’s customer support department is woefully inadequate.
To contact anyone on the team, you must be a member, and many members claim that getting a response to a problem takes days.
Some claim that they never receive a response from anyone.
Panda Research’s Best Features
Even though Panda Research’s internet ratings are mixed, the site does offer several great aspects that set it apart from other similar survey sites.
Consider some of Panda Research’s characteristics before deciding if it’s perfect for you:
Bonuses for signing up
You’ll be prompted to complete a small survey when you join up for Panda Research. This will aid the site in determining whether you are eligible for a $3 survey right now.
If that’s the case, you may make your first $3 just minutes after joining the site.
The only disadvantage is that not everyone is eligible for the survey, so you could end up with nothing.
It’s worth a shot to check if you qualify, especially if you were planning to sign up for the site anyway.
Program for Referrals
If you have a lot of interested friends and family to refer to the Panda Research referral programme, it’s a terrific way to make some additional money.
You earn money on a recurring basis, but only 10% of what your referrals earn, excluding profits from paid emails.
If your friend earns $25 from offers, $15 from surveys, and $10 from paid emails before cashing out his first $50, you’ll receive $4 (10% of his $40 in survey and offer earnings). To get the benefits, make sure your pals stay active.
Members receive special discounts and promotions.
When you participate in Panda Research’s offers and surveys, you may be eligible for special promotions and discounts on items and services.
To see these unique offers, you must be a participating member, but they could save you money on goods you already use or want to use.
Completing surveys and offers will also give you the opportunity to enter giveaways, which is another method to make money on this platform.
Dedicated to the Elimination of Spam
Panda Research strictly advises its members to refrain from spamming others with referral links.
Unlike other survey and reward sites that don’t care how you attract new members, Panda Research has a strict anti-spam policy in place to ensure that people aren’t inundated with spam emails and links to join.
If you plan to refer members, make sure you read the policy first so you don’t make any mistakes. You may use your website and social media profiles to recruit new members in a responsible manner.
What Kind of Profits Can I Expect From Panda Research?
Panda Research, to be honest, has one of the largest minimum payment amounts.
Many members will find that reaching that amount without completing paid offers takes too long, and they will never receive their first payout.
The amount you can earn, as with any survey site, is mostly determined by the number of surveys for which you qualify.
If you’re fortunate enough to qualify for the most of them, you’ll be able to accumulate funds faster than those who only qualify sometimes.
Similarly, if you don’t answer quickly enough to survey invites, they may be filled up before you get to them.
The majority of these surveys will take about 10-15 minutes to complete and pay between $1.50 and $3.00.
Some higher-paying surveys pay between $10 and $20, but they usually take an hour or more to complete.
The highest-paying ones are difficult to obtain and can take several hours to complete, but they can pay up to $75.
You may really expect to make $5 to $10 each week here, depending on how many surveys you can complete.
Also Read : Swagbucks review
Is Panda Research a Scam or Legit?
Is Panda Research a phoney company? No, by definition. It pays its members in the vast majority of situations, albeit they may have to wait considerably longer than they anticipated.
But, if I were to sign up for a survey site, would Panda Research be my first choice? No. Other survey and reward sites that pay faster and don’t make their members wait for survey approvals and payouts are plenty.
This site also does not allow you to receive paid for completing surveys when you reach $50.
Instead, as if the $50 minimum amount wasn’t enough, you must have at least $25 in your account from offers.
If you’re looking for a way to get some additional money, Panda Research is a possible option. However, I would not recommend utilising it as your primary survey platform.
Sign up for a few more and save Panda Research for a rainy day. It does have some high-paying surveys, so you’s worth it to keep an eye out for those and see if you qualify.
How to Become a Panda Research Participant
It’s simple to join Panda Research.
Fill out the details in the free sign up form on the home page. Then, to continue filling out the rest of the sign-on survey, click Begin Now.
Make sure your email address is valid, as this is where you’ll receive survey invites and sponsored communications, which you may opt out of at any moment if you don’t think the site is suited for you.
If you were eligible for the $3 bonus, you should see it in your account as soon as you finish your profile and registration.
Remember to join the affiliate programme once you’ve finished registering so you may make additional money with your unique referral link.
Panda Research is a legal way to get money by completing surveys, offers, and reading emails.
However, it is unlikely to be one of your finest choices. The site has a mixed bag of evaluations, and payments aren’t always secure.
However, if you’re looking for a side hustle to supplement your income online, Panda Research could be a good option.
Some of its high-paying surveys are comparable to those offered by other similar sites.
Have you ever tried Panda Research? If so, please share your storey in the comments section below.