We are very proud to tell you that we’ve found the right partner for our new wallet solution for payouts and will start during the first weeks of February 2017.
Now we would like to explain how the wallet solution works.
Our goal is to process all affiliate commissions through the new wallet system which will include a credit card (MasterCard) that will work all around the world in multiple currencies.
How will the new wallet system work?
For sure, you can imagine that it will be a very big operation to walk into a bank with about 50.000 people who want to open a new bank account at the same time. So we will introduce the new wallet system step by step in one country after an other so that it will be easier for you and the new Bank
to sign up, open your new account, verify the account and start receiving your payouts instantly.
Once your wallet account is verified, we can start to process your commissions to your new wallet. In the beginning or course the bank requires some payout limits – so we will only be able to process amounts up to 1.000,00 or 2.000,00 USD per account and can increase the limit after some weeks. Very important is the fact that about 80% of all payouts are below these limits – so we hope to be able to make almost everybody happy and satisfied with this new wallet solution.
The new wallet system will also be comparable with existing wallet systems like PAYEER or ADVcash but without any kind of expensive fees and limits.
This will only be able because we have a direct partnership with the owner of the bank so that there won’t be any issues anymore. You might have recognized that ADVcash is inactive at the moment.
They have blocked the account without any reason for 10 days and we just can’t trust them anymore. With the new wallet solution we of course won’t have that kind of problems anymore.
During January 2017 we will process as many old payment requests of our affiliates as possible. Many of you will receive commissions and we really appreciate your patience with us!