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roy2610
Joined: 01 Jan 2008
Posts: 10
Location: http://www.InfoProductsMadeEasy.com
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 Posted: Tue Feb 05, 2008 1:41 pm Post subject: Clickbank Paying Via Paypal |
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I spoke with a Clickbank employee last year, who told me that Clickbank had plans to pay affiliates via Paypal as well as by check. i.e. the facility would be available to choose which way you preffered to be paid.
This would help affiliates outside the US enormously, as they would not then have the problem of having to pay bank charges to convert the US dollar checks to their own currency.
When I asked when this was planned for, I was told sometime early in 2008.
Has anyone got any idea if their has been any progress on this?
regards
Roy Carter
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Harvey Segal
Site Admin
Joined: 23 Mar 2004
Posts: 2376
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| Posted: Tue Feb 05, 2008 1:45 pm Post subject: |
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Roy
ClickBank do not like to commit to dates but I understand
this will definitely happen.
Harvey |
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roy2610
Joined: 01 Jan 2008
Posts: 10
Location: http://www.InfoProductsMadeEasy.com
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| Posted: Tue Feb 05, 2008 1:53 pm Post subject: Thanks |
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Wow!
Thanks for confirming that Harvey.
I'm sure it will be a huge boost to affiliates worldwide, and will surely attract even more affiliates to Clickbank. Can't think why they haven't done this sooner.
As I now live in Cyprus, i'll be looking forward to it happening!
regards
Roy |
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Mingo
Joined: 06 May 2007
Posts: 39
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| Posted: Tue Feb 05, 2008 3:13 pm Post subject: |
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Great news  |
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MilesBaker
Joined: 27 Aug 2004
Posts: 806
Location: Fort Collins, CO USA
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| Posted: Tue Feb 05, 2008 4:43 pm Post subject: |
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| It really makes no sense to receive your funds by PayPal, the more you make the more PayPal takes. I would look into other options like Wire Transfer or ACH, Direct Deposit, etc. |
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Damian Pang
Moderator
Joined: 17 Oct 2006
Posts: 1593
Location: Singapore
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| Posted: Tue Feb 05, 2008 5:39 pm Post subject: |
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I agree with Miles, PayPal is not exactly a 'better' option.
One disadvantage would be the exchange rate, it's usually worse than your local banks' rates. Of course, you do have the option of holding your US dollars till you get a satisfactory exchange rate. But that will defeat the purpose for most, since time is the major factor (I am assuming) for wanting the Paypal option.
That aside, I think it's great that CB is considering more payout options. It shows that they are forwarding moving, to say the least.
Good luck
Damian
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Cliff
Joined: 15 May 2006
Posts: 8
Location: Guam
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| Posted: Wed Feb 06, 2008 11:13 pm Post subject: |
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| Does anyone know, off the top of their head, how much of your funds Paypal will take as their 'cut'? |
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karabas
Joined: 11 Dec 2007
Posts: 27
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| Posted: Thu Feb 07, 2008 10:49 am Post subject: |
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Isn't incoming Paypal transfer unless you have premium account that allows you to receive CC payments?
I would really like it when CB will have some electronic payment option. It's a royal pain to drag these paychecks to the bank on a regular basis 
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fisalnk
Joined: 04 Jan 2008
Posts: 39
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| Posted: Wed Feb 13, 2008 11:46 pm Post subject: |
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| Hope this happens very soon... |
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Speechman
Joined: 12 Dec 2007
Posts: 17
Location: Florida
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| Posted: Thu Feb 14, 2008 5:28 pm Post subject: Cool |
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although taking those check to the bank is a pain in the neck...
This is one pain I like...  
Just keep them coming...
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ClickBobby
Joined: 03 May 2004
Posts: 1026
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| Posted: Thu Feb 14, 2008 9:07 pm Post subject: |
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| Cliff wrote: | | Does anyone know, off the top of their head, how much of your funds Paypal will take as their 'cut'? |
I believe it's 1.9% to 2.9% (depending on your volume with PayPal) plus $.30 per transaction.
As Miles said, I would have a hard time justifying that expense unless the payment from ClickBank via PayPal arrived much earlier than the payments by check. |
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PaidforfreeTy
Joined: 20 Feb 2006
Posts: 10
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| Posted: Fri Feb 15, 2008 11:39 am Post subject: |
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| I believe there is no fee for receiving Paypal payments if you have a Personal account. Even with the small fee for Business/Premier accounts, that might be cheaper than the cost of the gas that it takes to run to the bank nowadays. |
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qualitytw
Joined: 19 Feb 2008
Posts: 14
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| Posted: Tue Feb 19, 2008 3:36 am Post subject: |
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| MilesBaker wrote: | | I would look into other options like Wire Transfer or ACH, Direct Deposit, etc. |
I didn't know that clickbank takes direct deposit. If so that would be great! I hate waiting for a check by snail mail... |
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esparrow2002
Joined: 21 Oct 2005
Posts: 17
Location: Shanghai,China
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| Posted: Tue Feb 19, 2008 11:11 am Post subject: |
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I hate Paypal!!! They blocked my paypal account for no reason!!  |
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clickbankdiary.com
Joined: 16 Feb 2008
Posts: 9
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| Posted: Tue Feb 19, 2008 8:42 pm Post subject: |
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great news! i would love to have my commissions sent over paypal because in NZ, it takes 40days for CB check to be cleared.
i hope anyone who has a news on this can update the thread. |
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Fendi
Joined: 22 Aug 2007
Posts: 27
Location: Little Red Dot
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| Posted: Wed Feb 20, 2008 1:10 am Post subject: |
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Great news!
I wish Paypal makes their debit card international.
That way, I don't even have to spend a single cent
of cash...
Earn money thru Paypal and spend money via Paypal.
US owners should enjoy this... |
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Exmachina
Joined: 25 Feb 2008
Posts: 75
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| Posted: Mon Feb 25, 2008 11:22 am Post subject: |
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Good news even with the extra paypal charges.
I live in Spain, so it takes about 10 days for the checks to get to me, then it takes my bank about 3 weeks until the payment is clear.
Plus my mail is delivered to a local bar so the paypal charges will probably be less than the cost of the beers when i collect my mail!! |
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Compu
Joined: 27 Aug 2005
Posts: 361
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| Posted: Tue Feb 26, 2008 6:06 pm Post subject: |
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That is an excellent news!!!!!!!!
I live in Canada and I am going to be doing a lot of traveling in the next few years. I don't want to have to return to Canada every pay period to deposit my clickbank checks.
It will be great if I can just get the money via PayPal. |
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Compu
Joined: 27 Aug 2005
Posts: 361
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| Posted: Wed Feb 27, 2008 3:28 am Post subject: |
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| Harvey Segal wrote: | Roy
ClickBank do not like to commit to dates but I understand
this will definitely happen.
Harvey |
Harvey, do you know whether it will happen this year?
I just can't wait. |
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Harvey Segal
Site Admin
Joined: 23 Mar 2004
Posts: 2376
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| Posted: Wed Feb 27, 2008 9:56 am Post subject: |
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| Compu wrote: |
Harvey, do you know whether it will happen this year?
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Yes
Harvey |
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