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FANTASTIC News - Clickbank issuing Payoneer MasterCards

Discussion in 'ClickBank' started by bryanon, Jan 23, 2010.

  1. #1
    Hiya,
    SEMrush
    Just discovered something that is AWESOME news for all Clickbank advertisers who are based outside of the US.

    Clickbank has just announced that they will start issuing prepaid MasterCards, meaning that people will be able to get payments from Clickbank A LOT faster and avoid the huge fees associated with cashing foreign cheques.

    From their press release:
    Read more at: http://www.clickbank.com/press_releases.htm#276
     
    bryanon, Jan 23, 2010 IP
    SEMrush
  2. waxman1000

    waxman1000 Peon

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    #2
    This is really great news for me. Though I really have no problems with their checks so far, I hate going to the Bank Every 2 weeks to cash them.
     
    Last edited: Jan 23, 2010
    waxman1000, Jan 23, 2010 IP
  3. xrcv

    xrcv Peon

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    #3
    This is GREAT news, does anyone know when that will happen exactly? :)
     
    xrcv, Jan 23, 2010 IP
  4. kaki_Pakiz

    kaki_Pakiz Peon

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    #4
    That's Great !!!
     
    kaki_Pakiz, Jan 23, 2010 IP
  5. bryanon

    bryanon Well-Known Member

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    #5
    No-one knows but most likely very soon, given that the press release said that the deal with Payoneer was already agreed on.
     
    bryanon, Jan 23, 2010 IP
  6. Tazer Dude

    Tazer Dude Active Member

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    #6
    Yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

    Man I am doing cart wheels and breakdancing my asss away...

    This is not good news....

    This is grreat news...

    GREAT NEWS

    It takes 1 week for the CB checks to reach me, then another 4 weeks for that same foreign check to be cleared by the local bank.

    Now how soon will this card come into effect?

    Nothing is mentioned on the news page....

    I just check my account settings and the pay by check is still the only option.

    I hope this happens very soon.

    I have other accounts too, so those checks are sent to my sister who lives in the USA and when she receives the checks she cashes it then send it through Western Union to me.

    But helll yeah this master card is good news

    God Bless Clickbank!
     
    Tazer Dude, Jan 23, 2010 IP
  7. petehols

    petehols Well-Known Member

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    #7
    It is good news as it means easy payments every week, I am doing the same thing with plimus and It could not be easier

    Pete
     
    petehols, Jan 23, 2010 IP
  8. marcusio

    marcusio Peon

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    #8
    right noob question...


    does this mean they will send me a pre-paid mastercard with money on it, and then everytime I make new sales they will be put on that card? How would I get my money from my mastercard to my bank account?
     
    marcusio, Jan 23, 2010 IP
  9. petehols

    petehols Well-Known Member

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    #9
    hi Marcusio

    they will send you a pre-paid mastercard there will be no money on it till you make sales when you are due payment they upload the money to your card. You can then use the card either to make purchases or withdraw money from it via almost all ATM's. To get the money into your bank account you would have to withdraw it from an ATM and put the money directly into your account.

    Pete
     
    petehols, Jan 23, 2010 IP
  10. evelinawilliams007

    evelinawilliams007 Notable Member

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    #10
    Finally a better way to receive payments. At least for everyone in Europe checks are a bit of a pain in the neck.

    I have to wait 40/50 days until my bank validates each and every check, and not only but pay quite a high fee for each deposited check (refundable), as a guarantee plus the afferent fee per check ($10 non-refundable).

    Don't know about many of you, if you are paying the $10 fee per check (non-refundable) but I have paid well over ($1000 last year alone)..

    With the mastercards I suppose the fees won't be as high per transaction.

    A lovely news that needs to be celebrated :)

    @marcusio - The money will be in your bank account, you'll only need to withdraw them from the ATM. (I suppose these cards will have an internet-banking 24/7 service just as every other bank has, which will allow you to keep track of all incoming payments from Clickbank. Sweet!

    Al.
     
    evelinawilliams007, Jan 23, 2010 IP
  11. louiselouise

    louiselouise Peon

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    #11
    Wonder how are we going to get the card. get it from a local bank or receive from paypal?
     
    louiselouise, Jan 23, 2010 IP
  12. bryanon

    bryanon Well-Known Member

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    #12
    You'll get the card via regular mail - nothing to do with either your bank or PayPal.

    By the way, I already have two Payoneer cards (from oDesk and 2CO) and can say that the system works exceptionally well so there's a lot for ClickBank marketers to look forward to :)
     
    bryanon, Jan 23, 2010 IP
  13. evelinawilliams007

    evelinawilliams007 Notable Member

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    #13
    Do you even read the threads mate?

    The mastercard pyoneer comes by post mail. (At least some other online firms that are using Mastercard Pyoneer send it by email, I suppose that's what Clickabank will do as well).

    I'm saying this because usually a credit card is personally handed to the new owner by a bank representative. (It has the PIN code, and that's just a great way to prevent fraud)


    Al.
     
    evelinawilliams007, Jan 23, 2010 IP
  14. jasonsc

    jasonsc Well-Known Member

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    #14
    this is great! Too bad they didn't go with epassporte instead.
     
    jasonsc, Jan 23, 2010 IP
  15. Patchkaa

    Patchkaa Peon

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    #15
    Its about time they did this! I was gonna send in a suggestion to them about offering this payment method.
     
    Patchkaa, Jan 23, 2010 IP
  16. bryanon

    bryanon Well-Known Member

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    #16
    One thing I felt the need to point out is that it's great news not only to affiliates outside of US but to ALL merchants (whether US-based or not) as well - that's simply because it's expected that Clickbank's non-US affiliates will become a lot more active because of this = more sales for merchants!
     
    bryanon, Jan 23, 2010 IP
  17. winnermindset

    winnermindset Guest

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    #17
    and the world rejoices - thousands have been waiting for something like this for ages
     
    winnermindset, Jan 24, 2010 IP
  18. waxman1000

    waxman1000 Peon

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    #18
    I wonder how much this will cost. Hope it doesn't get so expensive.
     
    waxman1000, Jan 24, 2010 IP
  19. natj

    natj Well-Known Member

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    #19
    Yup, Payoneer fees for non-US transactions are known to be higher. So the benefit of these cards (other than the convenience of receiving commissions) will depend on how much Payoneer subsidizes fees for CB clients.
     
    natj, Jan 24, 2010 IP
  20. Liszt

    Liszt Member

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    #20
    Yeahhhhhhhhhhhh. Thanks bryanon, really great news!!
     
    Liszt, Jan 24, 2010 IP