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Topic: Faster Payments  (Read 12231 times)

Williamhooper

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Re: Faster Payments
« Reply #15 on: March 19, 2011, 10:57:04 am »
I think this is a good idea. Maybe they pay monthly because they also pay in checks?

 I agree 2 times a month would be better :D Maybe it would be easier if there pay out was Bi-Monthly for PayPal/Direct Deposit because those aren't checks.

I think this would make it easier to promote fusion cash, and members will be more active hopefully :D

I recently got a good referral that earned me 3$ and would look forward to that happening more often :D

Cuppycake

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Re: Faster Payments
« Reply #16 on: March 19, 2011, 11:02:59 am »
I love Fusion Cash...so don't get me wrong
It would just be nice if they would pay a little faster.
I clicked the pay out button for the third time yesterday.
But, I won't get paid until April 20th.........that is quite slow.

I would like to suggest they move it up to 14 days.  
That would still give them a reasonable amount of time.
Or, if they are only paying once a month - start paying twice a month.
This would expedite payments, as well.

As I have stated before they are paid on a net 30 and or net 60 system. If they pay us before being paid they might not would have the money to pay every one. A faster payment system then is already in place will not ever happen.
« Last Edit: March 19, 2011, 11:05:01 am by Cuppycake »

vb543

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Re: Faster Payments
« Reply #17 on: March 19, 2011, 11:04:49 am »
That's a great idea but at the moment I don't mind once a month! I get bigger payments that way!!!

ppv2

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Re: Faster Payments
« Reply #18 on: March 19, 2011, 11:20:20 am »
The current payment system is just fine and works well for me.

catherinedwhite

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Re: Faster Payments
« Reply #19 on: March 21, 2011, 11:45:13 am »
The current system works but I think there could be improvements.
I requested my third payout on March 14th and won't get it until April 20th.
That is a long time to wait for a payment.
A long wait could frustrate newbies who don't realize how the system works.
Fusion Cash is a solid paying free program.  But, everything can be improved.

Administrator

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Re: Faster Payments
« Reply #20 on: March 21, 2011, 03:41:45 pm »
Multiple check runs every month would increase costs.  Having to do two rounds of verification every month would also increase costs.  Advertisers typically wait until the 10th-15th of the following month to send us fraud reports, so paying any faster than we do runs the risk of paying out fraudulent users, again increasing costs.  We could theoretically offer faster or even instant PayPal/direct deposit payments, but we'd have to cut the offer rewards in half to mitigate the fraud losses (instant or very fast payouts attract substantial fraud).  Increased fraud = fewer advertisers and lower payouts on the ones that remain, a vicious cycle.  We always have to strike a balance between the needs of our members, of our advertisers, and of our company, and after being at it for almost 6 years we've got a pretty good feel for what works.

Bottom line is that it's just not financially possible for us.  You will likely find that most sites like ours (that have been around a while) have similar or slower payment schedules.  Nobody likes to wait, but if you cashed out on Feb 28th you got paid just 19 days later for PayPal & Direct Deposit - not too shabby.

sempermade

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Re: Faster Payments
« Reply #21 on: March 21, 2011, 04:21:26 pm »
HAving a faster cashout would be wonderful!

kjeno

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Re: Faster Payments
« Reply #22 on: March 23, 2011, 03:46:40 am »
faster is always gooder

mckay24_99

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Re: Faster Payments
« Reply #23 on: March 23, 2011, 06:13:08 am »
I totally agree.  I just cashed out for my first time and I am still waiting for my money. 

catherinedwhite

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Re: Faster Payments
« Reply #24 on: March 23, 2011, 11:45:21 am »
Multiple check runs every month would increase costs.  Having to do two rounds of verification every month would also increase costs.  Advertisers typically wait until the 10th-15th of the following month to send us fraud reports, so paying any faster than we do runs the risk of paying out fraudulent users, again increasing costs.  We could theoretically offer faster or even instant PayPal/direct deposit payments, but we'd have to cut the offer rewards in half to mitigate the fraud losses (instant or very fast payouts attract substantial fraud).  Increased fraud = fewer advertisers and lower payouts on the ones that remain, a vicious cycle.  We always have to strike a balance between the needs of our members, of our advertisers, and of our company, and after being at it for almost 6 years we've got a pretty good feel for what works.

Bottom line is that it's just not financially possible for us.  You will likely find that most sites like ours (that have been around a while) have similar or slower payment schedules.  Nobody likes to wait, but if you cashed out on Feb 28th you got paid just 19 days later for PayPal & Direct Deposit - not too shabby.

Thanks admin for a very thorough explanation of the current payment system.
Like I said, I love Fusion Cash......I am human and get impatient.

Administrator

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Re: Faster Payments
« Reply #25 on: March 23, 2011, 12:33:05 pm »
Thanks admin for a very thorough explanation of the current payment system.
Like I said, I love Fusion Cash......I am human and get impatient.

Don't worry - I wont hold it against you! :)  Everyone gets impatient.  It's natural.

angeljob24

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Re: Faster Payments
« Reply #26 on: March 23, 2011, 12:49:44 pm »
Multiple check runs every month would increase costs.  Having to do two rounds of verification every month would also increase costs.  Advertisers typically wait until the 10th-15th of the following month to send us fraud reports, so paying any faster than we do runs the risk of paying out fraudulent users, again increasing costs.  We could theoretically offer faster or even instant PayPal/direct deposit payments, but we'd have to cut the offer rewards in half to mitigate the fraud losses (instant or very fast payouts attract substantial fraud).  Increased fraud = fewer advertisers and lower payouts on the ones that remain, a vicious cycle.  We always have to strike a balance between the needs of our members, of our advertisers, and of our company, and after being at it for almost 6 years we've got a pretty good feel for what works.

Bottom line is that it's just not financially possible for us.  You will likely find that most sites like ours (that have been around a while) have similar or slower payment schedules.  Nobody likes to wait, but if you cashed out on Feb 28th you got paid just 19 days later for PayPal & Direct Deposit - not too shabby.

I vote to leave it the way it is, the last thing any of us need is offer rewards cut in half. I'd rather have to wait, than to make half the cash.

cmhbcl

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Re: Faster Payments
« Reply #27 on: March 23, 2011, 01:15:16 pm »
Well I havn't cashed out yet but I am well on my way! I like
everything about this site. Thanks admin :)

lennydee

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Re: Faster Payments
« Reply #28 on: March 23, 2011, 01:21:28 pm »
i finally got paid for my first cash out I love fusioncash.

Annella

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Re: Faster Payments
« Reply #29 on: March 23, 2011, 09:25:27 pm »
I haven't got my check for this months payment (from last months cash out).  Is there anybody else that hasn't received their check? 

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