No, they wont pay dividends
Yes, they will find other ways to reward token holders
Thats just the way it is. Deal with it.
If you reward the token holders, legally that is considered a dividend. It is pretty much the definition of a dividend.
The whole premise of the ICO (get rewards for payments with the card) is inherently a dividend model. The team were either too clueless or too naive to think that such an enterprise would not constitute a security.
In all likelihood, there is just not going to be any reward for the token holders. People are realising that and that's why PAY is tanking. No one wants to be left holding the bag.