GreenZap was an online buying and spending account service that claimed to compete with PayPal. History GreenZap launched on April 2, 2005 and allowed members to send and receive money online, through their email address. The ultimate beneficial owner of GreenZap was reported to be Damon Westmoreland, who was reportedly associated with ThePayline.com,Platinax, Greenzap claims it's not a scam, Feb 14, 2007 a widespread Internet financial pyramid.security.itworld.com, Postal authorities seize ThePayLine.com cash flow , April 2, 2001 Another report stated that the ownership of GreenZap was unclear because the company was not registered to do business in California, where its mailing address was located in a postal box within a grocery store, and because the company's official phone number was a mobile phone.Yahoo! News, Free money? We think not, October 14, 2006
Current status
As of December 2010, the site is no longer operational.
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