PayPal transfer - fee is so expensive???

Discussion in 'Affiliate Programs' started by redmonkey, Oct 22, 2008.

  1. #1
    Recently i just hit my max and got the payment from my AM via paypal, thought it'd be fast.

    Then when i looked at the fee:
    [​IMG]

    Seriously, anyone have any tips to lower the fee on affiliate payment? especially for daily payment?

    Thanks for your thoughts,

    Edited: $23 for $590? How could i even make profit?
     
    redmonkey, Oct 22, 2008 IP
  2. adish

    adish Banned

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    #2
    Ok your account is personal or premium based?

    I was on personal but when changed to premium, there was deduction on the fees.

    Plus you should consult your AM on this, tell him why you are bearing the charges.
     
    adish, Oct 22, 2008 IP
  3. linkgator

    linkgator Peon

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    #3
    Use a personal account or better ask your AM to use masspay feature. The fee for masspay is only 1$ I guess.
     
    linkgator, Oct 22, 2008 IP
  4. Essociate

    Essociate Peon

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    #4
    yup- masspay is the way to go
     
    Essociate, Oct 22, 2008 IP
  5. redmonkey

    redmonkey Well-Known Member

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    #5
    But my AM only pay whenever i need money, Mostly once every two or three days. Recently i got them daily. If he only need to pay one recipient, could he still use mass payment?
     
    redmonkey, Oct 22, 2008 IP
  6. okiiii

    okiiii Peon

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    #6
    what is masspay? anybody can explain me
     
    okiiii, Oct 22, 2008 IP
  7. redmonkey

    redmonkey Well-Known Member

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    #7
    redmonkey, Oct 22, 2008 IP
  8. Scar

    Scar Peon

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    #8
    I've never heard of it either. Sounds interesting.
     
    Scar, Oct 22, 2008 IP
  9. lonelyguy

    lonelyguy Peon

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    #9
    I thought masspay only works when the network do it? Like Clickbooth never does mass pay so how can i get them to do it?
     
    lonelyguy, Oct 22, 2008 IP
  10. redmonkey

    redmonkey Well-Known Member

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    #10
    If you're a man, just force'em. Tell them that you'll boom their HQ if they dont' :p

    Yeah, mass payment is technically charge %2 of the transaction and cap at $1, but the sender have to pay the fee(read their site), not you. That's the advantage, i guess.

    Imagine, spend $500 CPC daily and pay $30 on top of that, that's crazy!!!
     
    redmonkey, Oct 22, 2008 IP
  11. easydolla

    easydolla Peon

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    #11
    I just get checks, sometimes it can be faster than clearing it over to your bank account, usually payments are send out on wednesdays, you don't transfer it say until thursday, it takes a max of 3 days to clear, but with the weekends that don't count, so if you transfer it thursday, you probably won't get it till monday or tuesday, but if you get a check, typically you will get it within 2-3 days depending where your located, plus no fees!

    I would suggest taking a check plus you never know what painpal will do with your money.
     
    easydolla, Oct 22, 2008 IP
  12. adish

    adish Banned

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    #12
    Ok from which network did you get paid so?

    And you getting paid daily basis??
     
    adish, Oct 22, 2008 IP
  13. redmonkey

    redmonkey Well-Known Member

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    #13
    Thanks for sharing,

    Weekly is ok, but i need to get paid daily(just recently). Somehow i'll manage my inventory so i could get paid weekly, but i just don't want my money to sit still doing nothing. I need to scale up things fast, before it goes to my competitors(as long as i keep my eyes on ROI)

    I trust PP, don't think they'll do anything to my money. They're fully legit, and i verified all info they need. Have you ever got any deep problems with them?

    And yeah, wire transfer is the best option but take too much time
     
    redmonkey, Oct 22, 2008 IP
  14. T1pt2p

    T1pt2p Well-Known Member

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    #14
    I think wire-transfer to your bank account only take 2-3 days. You need to add your bank account on paypal and verifying it.
     
    T1pt2p, Oct 22, 2008 IP
  15. Chancey

    Chancey Well-Known Member

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    #15
    You should switch to premium account.
     
    Chancey, Oct 22, 2008 IP
  16. easydolla

    easydolla Peon

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    #16
    Yea, I had problems with them. I am a US resident, too.

    I once got paid about 3k in my PP account, they held it for months stating I am fraud, I gave them everything, literally.

    But we worked things out. I just use PP to send money now.

    And how do you get paid daily? What affiliate program you with>?
     
    easydolla, Oct 23, 2008 IP
  17. linkgator

    linkgator Peon

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    #17
    I guess it is possible. But make sure you ask from some other people as well since I am not 100% sure.
     
    linkgator, Oct 23, 2008 IP
  18. getjimmy

    getjimmy Prominent Member

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    #18
    Thats the problem with affiliate networks,not all pay with mass pay.
     
    getjimmy, Oct 23, 2008 IP
  19. redmonkey

    redmonkey Well-Known Member

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    #19
    I already a premium.

    It's some private back-end. Kinda sucks, I'll surely switch to NVA but never got approved. It takes like forever, dont' know if they want money or not.

    Imagine if i have my own credit card:D. can't wait untill i turn 18:p
     
    redmonkey, Oct 23, 2008 IP
  20. lonelyguy

    lonelyguy Peon

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    #20
    What to do with your credit card? I am 17 turning 18 and would like to know thank you.
     
    lonelyguy, Oct 23, 2008 IP