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Clickbank Paying Via Paypal
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Compu



Joined: 27 Aug 2005
Posts: 361

PostPosted: Wed Feb 27, 2008 11:42 pm    Post subject: Reply with quote

Harvey Segal wrote:

Yes

Harvey


So some time this year for sure, eh? Very Happy

It is a very exciting news. Smile
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Compu



Joined: 27 Aug 2005
Posts: 361

PostPosted: Sun Mar 02, 2008 12:39 am    Post subject: Reply with quote

Miles: All right. I heard some rumors on forums that you guys are looking into PayPal as a means to pay affiliates in addition to check or direct deposit. Is there any truth to those rumors?

Dush: We looked at that. But what we’ve found is that disbursements through PayPal cost clients more money because PayPal takes a sizeable chunk out of it. So then we looked at what we call ACH, which is automated clearinghouse, and it is like a wire transfer direct into your account. We’re putting that in place for anybody that wants it.

So we have two versions of wire transfers – one called ACH and the other called XACH. ACH, automated clearinghouse, handles wire transfers domestically in U.S. dollars. XACH is international ACH, which handles wire transfers in many currencies. There are about eight or nine countries to which we can XACH – most of the Western European – for example, it’s U.K., Germany, France, Spain, Italy, Portugal, Singapore, Hong Kong, Switzerland, Australia, New Zealand, Canada and so on. So most of the countries in which you would do business. It doesn’t include countries like Bulgaria or Romania, Poland and all of those.

But in all these countries that I talked about, we can do wire transfer immediately. So the money clears into your account the instant we send it. Speed of light.
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Harvey Segal
Site Admin


Joined: 23 Mar 2004
Posts: 2376

PostPosted: Sun Mar 02, 2008 6:55 am    Post subject: Reply with quote

Compu wrote:
Miles: All right. I heard some rumors on forums that you guys are looking into PayPal as a means to pay affiliates in addition to check or direct deposit. Is there any truth to those rumors?

Dush: We looked at that. But what we’ve found is that disbursements through PayPal cost clients more money because PayPal takes a sizeable chunk out of it. So then we looked at what we call ACH, which is automated clearinghouse, and it is like a wire transfer direct into your account. We’re putting that in place for anybody that wants it.

So we have two versions of wire transfers – one called ACH and the other called XACH. ACH, automated clearinghouse, handles wire transfers domestically in U.S. dollars. XACH is international ACH, which handles wire transfers in many currencies. There are about eight or nine countries to which we can XACH – most of the Western European – for example, it’s U.K., Germany, France, Spain, Italy, Portugal, Singapore, Hong Kong, Switzerland, Australia, New Zealand, Canada and so on. So most of the countries in which you would do business. It doesn’t include countries like Bulgaria or Romania, Poland and all of those.

But in all these countries that I talked about, we can do wire transfer immediately. So the money clears into your account the instant we send it. Speed of light.


Compu,

I know - when I read the interview I immediately contacted ClickBank
for clarification of the Paypal issue.

I'll report back when they reply

Harvey
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Exmachina



Joined: 25 Feb 2008
Posts: 75

PostPosted: Sun Mar 02, 2008 2:36 pm    Post subject: Reply with quote

XACH would be great news..it works well for CJ and google.

Next we need them to sort out some of the other inherent problems..

people buying through their own links (at least the obvious ones!)

Serial refunders.
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PaidforfreeTy



Joined: 20 Feb 2006
Posts: 10

PostPosted: Sun Mar 02, 2008 8:17 pm    Post subject: Reply with quote

It baffles me as to why they wouldn't at least provide PayPal payments as an option, as per the interview. They are already set up within the Paypal network because they accept payments through them.

The Paypal fee for receiving money from another PayPal member doesn't apply to people with personal accounts. Even with the possible fee, a lot of people would still use it based merely on convenience.

They should at least give people that additional choice and leave it up to them, instead of making the decision for them based on the fee.
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Compu



Joined: 27 Aug 2005
Posts: 361

PostPosted: Tue Mar 04, 2008 10:41 pm    Post subject: Reply with quote

Harvey Segal wrote:
Compu,

I know - when I read the interview I immediately contacted ClickBank
for clarification of the Paypal issue.

I'll report back when they reply

Harvey


Hello Harvey,

Any response from ClickBank about the PayPal issue? Smile


Compu
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Mingo



Joined: 06 May 2007
Posts: 39

PostPosted: Tue Mar 04, 2008 11:01 pm    Post subject: Reply with quote

Well whatever people say against PayPal, it certainly won't cost me more than $40 per cheque to convert the money to Canadian money like it does for a cheque. People from America don't really understand the extra costs that come from recieving a cheque from another country.

The PayPal option will be a very solid addition to the Clickbank system.
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Harvey Segal
Site Admin


Joined: 23 Mar 2004
Posts: 2376

PostPosted: Wed Mar 05, 2008 5:04 pm    Post subject: Reply with quote

I have now been informed by ClickBank that payment to clients through PayPal
will not happen 'in the foreseeable future'.

Sorry to dash your hopes but I was originally told it would happen 'soon'

However ACH/XACH may prove a cheaper alternative

Harvey
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Compu



Joined: 27 Aug 2005
Posts: 361

PostPosted: Thu Mar 06, 2008 3:54 am    Post subject: Reply with quote

Harvey Segal wrote:
I have now been informed by ClickBank that payment to clients through PayPal
will not happen 'in the foreseeable future'.

Sorry to dash your hopes but I was originally told it would happen 'soon'

However ACH/XACH may prove a cheaper alternative

Harvey


I see. Thank you, Harvey, for the prompt response. Smile

That's okay, I think ACH/XACH is a better alternative. Very Happy
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Mingo



Joined: 06 May 2007
Posts: 39

PostPosted: Thu Mar 06, 2008 6:10 am    Post subject: Reply with quote

Gah. That sucks to hear about PayPal Sad

For the ignorant among us, what the hell is ACH/XACH?
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Exmachina



Joined: 25 Feb 2008
Posts: 75

PostPosted: Thu Mar 06, 2008 8:10 am    Post subject: Reply with quote

Mingo wrote:
Gah. That sucks to hear about PayPal Sad

For the ignorant among us, what the hell is ACH/XACH?


look at the post by compu 5 or 6 above this! Very Happy
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Mingo



Joined: 06 May 2007
Posts: 39

PostPosted: Fri Mar 07, 2008 9:12 pm    Post subject: Reply with quote

Exmachina wrote:
Mingo wrote:
Gah. That sucks to hear about PayPal Sad

For the ignorant among us, what the hell is ACH/XACH?


look at the post by compu 5 or 6 above this! Very Happy
Yeah I noticed that just now as I was revisiting the thread Wink Thanks
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Slngz



Joined: 01 Jun 2007
Posts: 79

PostPosted: Sun Mar 09, 2008 1:44 pm    Post subject: Reply with quote

Ah that sucks about paypal, nevermind!
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