Payout Request Re-Invest

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Payout Request Re-Invest

Postby admin » Fri May 21, 2010 7:01 pm

It is now required that you re-invest into the site before receiving another payout.

Here's how it works:

For all payout requests totaling $100 or less, a minimum re-invest is $5.
For all payout requests totaling more than $100, a minimum re-invest is 5%.

Remember these are MINIMUMS, which means you are more than welcome to add more to your purchase balance whenever you feel like it, not just when you want another payout.

These re-invests are amounts to be added to your purchase balance via paypal or alertpay. It doesn't count if you just transfer from your account balance, as this would defeat the purpose. The option to add to your purchase balance can be accessed from your 'account' page.

Here's an example:

Say you have an initial payout request of for example $500. You would have a first payment, of $50 say. And following payments until the $500 is paid. You then request your following payout. Before you get any payout from your next request, a minimum re-invest of $25 would be required. This payout can be made between requesting the first payout, and requesting the next. It can be paid however you want. So you could for example, wait for your first payout of your first payout request, then pay the lump sum of $25 out of it. Or you could pay $5 out of the first 5 payouts of the first payout request. So long as the total 5% is paid before the next payout request payment is expected, it doesn't matter how or when.

Now I hope I haven't rambled too much so it's become a bit unclear. Please post here with questions, as I'm getting a fair few support tickets that are repeatative, and would rather everyone understand everything to do with this concept.
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Re: Payout Request Re-Invest

Postby arsum » Tue May 25, 2010 2:33 pm

Can I re-invest through "add funds" taken from "Account Balance" before request payout?
thanks.
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Re: Payout Request Re-Invest

Postby Icone » Tue May 25, 2010 9:38 pm

admin wrote:It is now required that you re-invest into the site before receiving another payout.

Here's how it works:

For all payout requests totaling $100 or less, a minimum re-invest is $5.
For all payout requests totaling more than $100, a minimum re-invest is 5%.

Remember these are MINIMUMS, which means you are more than welcome to add more to your purchase balance whenever you feel like it, not just when you want another payout.

These re-invests are amounts to be added to your purchase balance via paypal or alertpay. It doesn't count if you just transfer from your account balance, as this would defeat the purpose. The option to add to your purchase balance can be accessed from your 'account' page.

Here's an example:

Say you have an initial payout request of for example $500. You would have a first payment, of $50 say. And following payments until the $500 is paid. You then request your following payout. Before you get any payout from your next request, a minimum re-invest of $25 would be required. This payout can be made between requesting the first payout, and requesting the next. It can be paid however you want. So you could for example, wait for your first payout of your first payout request, then pay the lump sum of $25 out of it. Or you could pay $5 out of the first 5 payouts of the first payout request. So long as the total 5% is paid before the next payout request payment is expected, it doesn't matter how or when.

Now I hope I haven't rambled too much so it's become a bit unclear. Please post here with questions, as I'm getting a fair few support tickets that are repeatative, and would rather everyone understand everything to do with this concept.


I hope i've helped ;)
Legitincomebux Proud Member Since Wed Abr 09, 2010!
>>>>>Forum Moderator<<<<<
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Re: Payout Request Re-Invest

Postby arsum » Tue May 25, 2010 11:00 pm

Icone wrote:
I hope i've helped ;)


Thanks Icone... :lol:
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Re: Payout Request Re-Invest

Postby admin » Thu May 27, 2010 8:34 am

Thanks Icone.

As far as re-invest deposit. Please do it through 'add funds' through the site, and not just a plain deposit into my paypal account. Firstly it is more secure done through the site. Second it saves me a lot of work trying to sift through the multiple amounts of accounts to try and find who exactly has deposited it. Just remember there are a LOT of people sending these deposits through, and the less work I need to do, the more I can concentrate on more important things, like support tickets and payouts.

Cheers guys n gals :D
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Re: Payout Request Re-Invest

Postby mastermind » Tue Jun 08, 2010 7:04 pm

Hi,

Can I ask - we are going to use the re-invest to "rent" out referrals? Can we also use this to pay for
advertising? thanks

mastermind
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Re: Payout Request Re-Invest

Postby admin » Thu Jun 10, 2010 4:08 pm

Your more than welcome to use your purchase balance to rent referrals, buy advertisements, etc ;)
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Re: Payout Request Re-Invest

Postby mastermind » Wed Jun 16, 2010 7:09 pm

admin wrote:Thanks Icone.

As far as re-invest deposit. Please do it through 'add funds' through the site, and not just a plain deposit into my paypal account. Firstly it is more secure done through the site. Second it saves me a lot of work trying to sift through the multiple amounts of accounts to try and find who exactly has deposited it. Just remember there are a LOT of people sending these deposits through, and the less work I need to do, the more I can concentrate on more important things, like support tickets and payouts.

Cheers guys n gals :D


Hi Admin,

There are two ways to add funs through the site - 1. via payment processor; 2. from you account balance. Both ways CAN be used to re-invest right? So say I have $1000. 5%=50 (re-invest). I can use #2 and transfer $50 from my account balance, then request payout with $950. Then send maybe a support ticket saying that my balance is $1000, $50 has gone to my purchase balance, so I'm left with $950 requested for cash out. (For check and balance, admin check the accounts and see that the purchase balance did actually have the $50 re-invest?)

I'm just curious, option 1. via payment processor is there for people who haven't earned enough for purchase and are willing to invest through ap and pp, right? Then if I have enough "earnings" I can just transfer from account balance, right? Sorry I'm just trying to understand the difference. I was previously thinking that re-invest should always be through option 1 (via payment processor, thought I read it in some thread...) I'm confused :)

Please confirm if the above process is correct. If this is ok, then I guess, people may like to read this through, to get them re-invest easily.

More Power to you, Faith :)
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Re: Payout Request Re-Invest

Postby admin » Wed Jun 16, 2010 7:53 pm

Hi mastermind,

As far as the re-invest for next payout, this needs to be done via paypal or alertpay.. NOT account balance. The purpose of the re-invest is so there is money in pp and ap to pay people. The reason for the transfer from account balance enabled, is because some people would like to use their 'earned' balance for renting refferals, ads, etc.

I'll update the FAQ to include this point too.

Cheers,
Faith
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Re: Payout Request Re-Invest

Postby mastermind » Wed Jun 16, 2010 8:35 pm

admin wrote:Hi mastermind,

As far as the re-invest for next payout, this needs to be done via paypal or alertpay.. NOT account balance. The purpose of the re-invest is so there is money in pp and ap to pay people. The reason for the transfer from account balance enabled, is because some people would like to use their 'earned' balance for renting refferals, ads, etc.

I'll update the FAQ to include this point too.

Cheers,
Faith


Hi Faith,

That was fast! :) I read through the FAQ and yes, the answer is there. Anyway, I did my re-invest through option 1 already.
Thanks for the clarification.

Mastermind
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