sponsors are getting greedy

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Franksdomains
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sponsors are getting greedy

#1

Post by Franksdomains » September 7th, 2022, 2:44 pm

What the flock sponsors are getting greedy, the fees I pay per payout to 15 sponsors is adding up to some serious coin.Wire fees,check fees, Paxum fees, Paypal fees. Hey slow down with your ever increasing fucking fees.




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DonMK
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#2

Post by DonMK » September 7th, 2022, 6:35 pm

Some charge $10 for a frikkin Paypal.




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BrasSmonkey
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#3

Post by BrasSmonkey » September 7th, 2022, 9:35 pm

Franksdomains wrote: ↑
September 7th, 2022, 2:44 pm
What the flock sponsors are getting greedy, the fees I pay per payout to 15 sponsors is adding up to some serious coin.Wire fees,check fees, Paxum fees, Paypal fees. Hey slow down with your ever increasing fucking fees.
paypal should never cost a fucking dime!
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#4

Post by CanadianChick » September 8th, 2022, 6:12 pm

You seem to miss the point there is a person who has to do accounting and they do not work for free.




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#5

Post by cimage » September 9th, 2022, 8:02 am

CanadianChick wrote: ↑
September 8th, 2022, 6:12 pm
You seem to miss the point there is a person who has to do accounting and they do not work for free.
As my dad used to say, 'There is no free lunch"
Stop looking for reps if they don't care why waste your time and traffic at their program, fuck that.
~ cimage 2024

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#6

Post by porntraveller » September 10th, 2022, 8:35 am

You do not like their fees stop promoting the sites




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#7

Post by born2bewild » September 13th, 2022, 11:37 am

BrasSmonkey wrote: ↑
September 7th, 2022, 9:35 pm
Franksdomains wrote: ↑
September 7th, 2022, 2:44 pm
What the flock sponsors are getting greedy, the fees I pay per payout to 15 sponsors is adding up to some serious coin.Wire fees,check fees, Paxum fees, Paypal fees. Hey slow down with your ever increasing fucking fees.
paypal should never cost a fucking dime!


34ddww




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tacnet
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#8

Post by tacnet » September 13th, 2022, 12:25 pm

You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont

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#9

Post by BrasSmonkey » September 13th, 2022, 12:55 pm

tacnet wrote: ↑
September 13th, 2022, 12:25 pm
You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont
so you take our share to pay the bill?? wow!
THE LAKEN RILEY ACT IS NOW LAW!!! TRUMP 2025!!!
DACA HAS ENDED!!! email: brassballz-@-techie.com

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#10

Post by Wm2man » September 13th, 2022, 1:33 pm

BrasSmonkey wrote: ↑
September 13th, 2022, 12:55 pm
tacnet wrote: ↑
September 13th, 2022, 12:25 pm
You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont
so you take our share to pay the bill?? wow!

someone has to pay the expenses don't you agree




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#11

Post by tacnet » September 13th, 2022, 1:36 pm

BrasSmonkey wrote: ↑
September 13th, 2022, 12:55 pm
tacnet wrote: ↑
September 13th, 2022, 12:25 pm
You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont
so you take our share to pay the bill?? wow!
No not at all. Im just explaining why $10 for a paxum/paypal payout is not unreasonable

Don't forget, our card processors charge us a fee every time they pay us. I think we pay around $50 a week to ccbill and our merchant account (so $100 a week total)

by the way, i just checked and aswell as conversion charges, paypal charge us £3.00 (UK stirling) for every international payout we send

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#12

Post by BrasSmonkey » September 13th, 2022, 3:53 pm

tacnet wrote: ↑
September 13th, 2022, 1:36 pm
BrasSmonkey wrote: ↑
September 13th, 2022, 12:55 pm
tacnet wrote: ↑
September 13th, 2022, 12:25 pm
You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont
so you take our share to pay the bill?? wow!
No not at all. Im just explaining why $10 for a paxum/paypal payout is not unreasonable

Don't forget, our card processors charge us a fee every time they pay us. I think we pay around $50 a week to ccbill and our merchant account (so $100 a week total)

by the way, i just checked and aswell as conversion charges, paypal charge us £3.00 (UK stirling) for every international payout we send
hmmm some like famedollars charge $0 i think island dollars does as well.
THE LAKEN RILEY ACT IS NOW LAW!!! TRUMP 2025!!!
DACA HAS ENDED!!! email: brassballz-@-techie.com

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#13

Post by BrasSmonkey » September 13th, 2022, 3:53 pm

Wm2man wrote: ↑
September 13th, 2022, 1:33 pm
BrasSmonkey wrote: ↑
September 13th, 2022, 12:55 pm
tacnet wrote: ↑
September 13th, 2022, 12:25 pm
You have to bear in mind the banking and admin costs behind your payouts

For example, to get money INTO our paxum account we first have to wire it from our bank (cost appx $25) and then Paxum charge and additional $50 per incoming wire transfer. So thats a cost of $75 before we make ANY paxum payouts at all

Same for wire transfers. Its not like personal banking where you can just ping money instantly and for free. Business banking costs appx $25 per transfer and takes around 4 days

Then there is the currency conversion costs which paypal, paxum and banks charge. For example, we get paid by our merchant processor in Euros which we then have to convert to uk stirling (so we can use a UK credit card on Paypal). Paypal then convert that into US dollars (which is what we send out). Each time the funds are converted, there is a charge

And all of this is before any kind of admin fee for the time it takes to do the payouts.

You might say that we should just absorb this but when you have hundreds of payouts each month, that adds up to a lot of money which no business could easily absorb


Either way, they shouldn't be making ANY profit from fees. We certainly dont
so you take our share to pay the bill?? wow!

someone has to pay the expenses don't you agree
stfu up! :roll: :roll: :roll: you pay it then
THE LAKEN RILEY ACT IS NOW LAW!!! TRUMP 2025!!!
DACA HAS ENDED!!! email: brassballz-@-techie.com

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#14

Post by pussylover » September 14th, 2022, 6:33 am

When I get paypal from a sponsor I pay the fees to receive it, very few of them pay me the full amount and cover the fees. So if the sponsor charges for paypal payments to affiliates they should cover the fees too.
My 1 cent




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#15

Post by yobilinks » September 15th, 2022, 7:59 am

I understand why sponsors charge affiliates for payouts,tac net made it clear.




sponsors are getting greedy

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