Lyoness/myWorld is a cashback and shopping community founded in 2003, based in Graz, Austria.
The company connects consumers with partner merchants, offering cashback rewards on everyday purchases. However, it faces serious issues, including a 1.5/5 rating on Trustpilot and multiple pyramid scheme lawsuits.
With a trust score of 48/100, Lyoness/myWorld operates on a Unilevel compensation plan that focuses heavily on recruitment, raising red flags for potential members.
Best for: This might appeal to someone who’s very comfortable with risk and is good at recruiting. If you’re looking for a stable and trustworthy opportunity, this isn’t it.
Lyoness/myWorld has faced significant legal troubles, including a ruling by an Austrian court declaring it a pyramid scheme. With a trust score of only 48/100 and a Trustpilot rating of 1.5/5, many question its legitimacy.
Lyoness/myWorld primarily focuses on a cashback shopping model. Members earn cashback on purchases made at various retailers, but many feel the emphasis is more on recruitment than on actual products.
Earnings in Lyoness/myWorld depend heavily on recruitment and network shopping volume. The compensation plan offers 1-5% cashback on purchases and potential team commissions, but many find that actual earnings can be quite low.
There are numerous complaints about Lyoness/myWorld, particularly regarding its business practices. Many former members cite frustration over the recruitment focus and the difficulty in earning significant income.
Lyoness/myWorld uses a Unilevel compensation plan. Members earn cashback on their purchases and can also receive bonuses for referring new members, but this often leads to an overwhelming focus on recruitment.
The cost to join Lyoness/myWorld can vary. While there's no clear upfront fee listed, many members report having to spend money to access benefits and earn commissions.
Lyoness/myWorld does not have a BBB rating. This lack of a rating, combined with their legal issues and poor Trustpilot reviews, raises concerns about their trustworthiness.
Yes, there are several alternatives to Lyoness/myWorld that offer cashback programs or MLM opportunities. Companies like Rakuten or other affiliate marketing networks might provide a more straightforward approach without the recruitment pressure.
Many consider Lyoness/myWorld to be a scam due to its history of pyramid scheme allegations and the high risk associated with joining. The focus on recruitment over real product sales is a major red flag.
This is a Unilevel Plan. In simple terms, it means you can earn money based on your sales and the sales of people you bring into the company.