ProAdCo wrote: @ a guess this is to the members advantage collectively for all the members saving $200,000.00
in payment processors fee's, while Paypal and / or Payza going to feel the profit loss.
This is a conservative amount, based at $50,000 processors fee's per payout, cut back to one ( 1 ) per week.
The upside for each member, is the savings of the processor fee x 4 if one has been cashing out 8 times a month.
Hi ProAdCo, I think you don't understand the processor's fees calculation... it increases according to amount of cashout up to a maximum. Only those members whose cashout regularly exceeds the maximum fee levels will benefit from the new process, the rest of us will still pay the same fees.
ClixSense fees for PayPal are 2% - maximum fees are $1 (USA) and $20 (Rest of World) - you need to cashout over $50 (USA) and $1000 (Rest of World) to reach the maximum fees. Don't reach these levels, you still pay 2% on all your cashout - therefore it is no different.