07-17-2012, 08:37 AM
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Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Awesome post on WJunction.
Quote:
Dear affiliates!
Now we're going through hard times.
Still we plan to continue to provide service to all our customers.
Most likely we will not see PayPal anymore both like a purchase option and a way to send money.
No we're working on the alternative payment methods and we've already connected 2 of them for purchases via credit card. We do really hope that with your help we can reach the level of sales the same like with PayPal.
PPD program is temporarily suspended.
We do not want to attract the unnecessary attention now so do not rush to activate the topic at the WJ.
Now we face the following problem (by priority):
- Leaseweb
- Payments earned after the PayPal limitation
- Frozen payments on hold for 180 days
1. Leaseweb
We have 99% of our entire infrastructure on LeaseWeb with signed long-term contracts.
Now we are in the negotiation process with them and trying to ask the deferred payment for our account.
If LeaseWeb will not make concessions - the whole infrastructure will be switched off and all the money we have on hold now will be spent on refunds and chargebacks.
2. Payments earned after the PayPal limitation
They work!
New alternative methods of accepting payments:
- Set up a large commission, as We are high risk.
- Big Hold
- Rolling reserve
- Payment delay
because of these conditions, we do not have the possibility now to pay every Friday. But we still working on it.
We will use: wire,wmz,okpay,payza to send payouts.
3. Frozen payments on hold for 180 days
We'll do our best to send them faster than 180 days.
Now we sent all the money we earned for LeaseWeb bills.
As soon as we'll get some extra money from new sales - for the payment of "fresh" sales.
It's very hard to predict the specific date for the first payment due to all the factors we have.
The destiny of the project is in your hands now. It depends only from your supports, your new sales and posts.
Regards
Extabit.com
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