MaxBounty is making some changes in how they make payments to affiliates that will make it possible for affiliates to receive payments sooner. The biggest change is that their payment terms are changing from monthly net30 to monthly net15. Here are the details from MaxBounty.
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These changes are being put in place to allow us to pay you faster and to offer you more convenience in how you receive your payments. These changes take effect October 1st, 2006, so please review the following summary carefully.
First, our payment terms are changing from monthly net30 to monthly net15. This means that earnings that you make in one calendar month will now be processed on the 15th of the following month. For example, earnings made during September 2006 will be processed on October 15th, 2006. As a result of this change, you will receive two payments from us in October 2006. On October 1st, we will process earnings made during August 2006, under our old net30 payment terms. On October 15th, we will process earnings made during September 2006, under our new net15 payment terms.
Second, we now support electronic payments to over 35 countries. Affiliates residing in these countries can request to get their affiliate commissions paid directly to their bank accounts instead of receiving cheques.
Finally, you will have the ability to increase your minimum payment amount in increments of $25. This change is being made for those affiliates who have banks that charge them high fees for cashing cheques.
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