What Form Of Payment From A Sponsor Do You Prefer Rumpleforeskin?
 

I'm not going to say that I'm fighting with a couple of sponsors about this, but I'm old school & pretty much assume that when I sign up to an affiliate program, they'll pay me with a check.

I'm finding more & more that don't offer payments by check & use wires or something like ePassporte or Storm Pay or whichever the fad of the day is :)

I'm not a big fan of wires (had a big problem with one a few years ago that left a sour taste in my mouth) I don't really mind ePassporte, but nothing beats having that check come in the mail, opening the envelope & putting the info into MS Money :)

So - if you had the option on all of these (and you paid the fees, since most don't eat the transfer costs unless it's a large amount) which would you choose?

I wish all my sponsors did ePassporte.

Don't like checks in the mail at all. They get lost and if I'm out of town they just sit in the mail box. I get the same warm fuzzy feeling logging in and see deposits as I do opening letters without all the hassle of dealing with mail.

CCBill is my biggest income and they don't do ePassporte. :(
They do direct deposit I hear but I've never gone trough the trouble of setting it up and it annoys me that they want $25 bucks for each direct deposit.

I'll take a check and I sure don't want to incur a fee for being paid something owed to me. Damn that 35c charge from ccBill.

Added one for you Cleo :)

I like checks too (although here there are silly fees) + Epassporte is also good.

epassporte all the way for me :D

ccbill is also my main source of income, I'm looking forward to the day when they incorporate epassporte payments (as I'm sure they will - be it a month or 2 years).

a cheque in your hand sure is nice...although being in Canada most of them get held for 2 wks |angry|
but it's ok cuz the exchange makes it worth it (well for now anyway) :D

Ponygirl

I love getting checks in th mail :-)

I HATE the $100 minimums though..... It took me a year to make my first $35 sale with one program, now I find out that I wont get paid till I make 3 more |angry|

Ponygirl- talk to your bank. If you have a business account and a good relationship with them, you can often get that hold reduced or removed.

Checks and Epassorte are ok by me but I wont even join if they have to wire me the money :(

A regular old check in the mail gets me going :D

I don't really like having too much in my ePass account since it doesn't do much use there. The ePass exchange rate sucks compared to my other options, so I only keep little money in there to pay designers and stuff like that.

ePassporte and checks however I like ePassporte more than checks :D

I'd prefer a mix of beer and blowjobs, but if that isn't offered, I'll take a check. If they'd make direct deposit simple and free, I'd take that. I like check stubs for accounting purposes too.

i enjoy epassporte for amounts under 1k, checks for larger ones.

ePassporte all the way, its one of the best things ever made(at least for European and non-US) webmasters :=)

I have never understood why anyone would have a problem with wires.

i like epassporte the most and direct deposit, because i am foreign it takes to long to receive the check, plus my bank takes to long to sent me the money of the check, then my bank send me huge bills for cashing the check, and then every 3 months i get an fight with my bank again because it seems some checks bounched back and with the administration of my bank i cant see which ones, my first choise is epassporte:))))

I like epassporte the best. I don't like having to drag my lazy butt to the bank, plus it's great being paid instantly on payday.

In the past it took 14 days for sponsor to write out the check, another 14 days for the postal service to deliver it to me and about 2 months to cash it out.

Now (or in the near future) with EP I could instantly, when I get sign up, withdraw the money from the ATM in front of my house (everywhere on the globe).

Guess what do I prefer? :)

GreenGuy - Your sig is great!

I'm not an affilate of any programs but if I were I'd prefer the instant payout of ePassporte. -- Big Surprise!

I do have funds loaded onto my ePassporte account at least twice a month. I spend the cash faster than that though. |pimpin

It really does depend on the amount - hell, if you sent me a wire it'd cost you $20-25 (which you'd take out of what you're sending me) and then my bank charges me for incoming wires - I forget how much, but let's say it's $10 - so maybe $35 for the wire?

I can wait the 3 days it takes the check to get here (especially since I have a line of credit with the bank so most funds are available instantly - lol)

I didn't realize that wires cost so much. Guess this explains CCBill's wire charge.

I would *prefer* direct deposit, so I voted for it. I take a check from every sponsor I use though, except the one which offers direct deposit.

I'm reluctant to join epassporte because I'm stubborn, but since I've been told you can go in and transfer funds direct to your bank account, I suppose I'll have to do it and do the direct depositing myself.

ePassporte all the way.

Btw, concerning the ePassporte Electron card, how has the success rate been?

I heard some people were having trouble using it at select locations even though they allowed VISA cards.

I just use mine to take out cash at ATMs.

I like checks (I let them pile up without cashing them for awhile so that I don't get the urge to piss all my money away on useless crap)

I prefer good old paper checks, so that's where my vote went. I have this real thing about check stubs for bookkeeping reasons, plus I much prefer having the funds in my hands even if it does take a couple of extra days to get it here. I do most of my banking via ATM anyway as I live halfway across town from my credit union, but the post office is only a few blocks from there so I can do all the check gathering and depositing in one trip once a week. However, I suppose if sponsors offered some way of printing out a "payment receipt" or check stub online, Epassporte wouldn't be bad...

I'm just not comfortable handing out my banking information to anybody who asks for it. I've recently been the victim of identity theft and I guess I'm a little paranoid now. Once per lifetime is more than enough for that BS |dizzy|

I *love* getting money in the mail. Check please!

Direct Deposit because fast and instant. On the down side, I had ARS remove money from my business bank account. Not cool :(

it works fine for me, ,like Cleo i only use my epassporte plastic card to pull cash :D

I'm with Wenchy - give me a paper trail. It makes my record keeping more simple and accurate.

I have one sponsor paying me via ePassporte, and that makes for a great "petty cash" fund for domain renewals, StatsRemote payments, Target.com (damn them! How dare they accept ePassport Visa!) etc. - almost feels like "free" money.

I would like to see a lower minimum payout from some sponsors. $50 is fine; $100 is too high. I don't promote all sponsors equally and it's not uncommon for a few weeks to go by before I hit the magic number. (In some cases, months or even years - I kid you not.) Cash that is not flowing does me little good.

I pushed the "Regular Checks" button. But that's probably because I don't know exactly how this whole ePassporte thing works :D

i prefer ePassporte because it's hassle free.

Exactly. There are two main groups voting at this thread:

1/ they pressed ePassporte button
2/ they do not know how ePassporte works :D

Exactly.

$1000 is usually the minimum for wires.

Cost to cash a check for me: $2 = 0.2% fee
Cost for a wire for me: $35 + $12 = 4.7% fee

If you add all the small fees you pay over the year, it adds up to pretty much and I like to keep unnecessary fees to a minimum :)

That's my cue.

Well.. it really is very simple.

Get an ePassporte Personal Account - Either go to https://www.epassporte.com/ and get one, or find a sponsor that will give you one. You can get a Virtual account issued to you within minutes.

Tell your sponsors that you wish to be paid by ePassporte and give them your ePassporte account username. That is all they need. -- You can use the same ePassporte account with each sponsor you promote.

Sponsors will push payments onto your account on their usual schedule.







BUT...............

-> You get your payment instantly. No waiting for mail, no lost mail, no worry about the check clearing, no updating your address with sponsor.

-> You receive your money at no cost to you (unlike PayPal who takes a fee for receiving the money for you).

-> You can shop online and spend your money with your Virtual Visa.

-> You can add an Electron Card to your account and pull cash from ATM's or shop at your favorite stores.

-> You can send money to any other ePassporte account holder instantly, anywhere in the world, for less than the cost of a stamp. (P2P)

-> You have a documented transaction history online so that you can print out for your records.

-> You can increase your limits based on your particular needs.

-> US account holders may transfer funds to their US bank account.

-> No Internet access? No problem! You can check your balance, transfer funds, or re-load your account from your mobile phone.

Cheaper than wires, faster than checks. The Power of Visa.

How many more reasons do you really need?





Write to me if you have questions. Rand @ ePassporte .com

When I finally broke down and went to get an ePassporte account and looked at a free one from a sponsor but I didn't like the way my account would have been so I just went to ePassporte and got an account. Simple, painless, got just the account name I wanted. It did cost a couple of dollars, can't remember exactly but it wasn't much, I got the extra card and stuff.

I got a tax question about ePassporte.
I'm a corporation so my sponsors have corporation tax ID. If a sponsor pays me by check it goes into my corporation's account and if I want to personally use that money I have to take it out as salary so I have to pay taxes on it. ePassporte I just take it out with the ATM card and it seems to me that I have unreported income since I've basically been given cash with no real records since you are not required to file anything when a business is making out checks to a corporation. Nothing really filed on me as payments and well cash is…

Not that I would ever cheat on my taxes and not report all my income or anything.

Cleo - I'm not exactly sure I understand your question. But, I'm in no poistion to offer anyone tax advice. You may want to confer with your accountant.

I already know what my account would say. :D

Send me a check -
I do have an ePassporte account - used once. If I need to use it again, I'll transfer the funds.
Plus I love the look on the tellers faces when there's a bunch of them. :)
(remember this is a really small town - I know everyone at the bank)

Though I agree on the 100.00 minumum being too high.
I'll try out a sponsor.. make a sale or two, but if the conversions suck, it can take a long ass time to get paid.
Fortunately, there hasn't been too many sponsors going belly up for quite awhile.