Referral Commissions Share Program - 2 years of uninterrupted payments
12 Mar 2009, 03:29 - Author: baldur - Reads: 578
We at Search-Autosurf.com are very proud to be one of the first monitor around to offer an RCB program. We offer this service since the beginning of February, therefore we can definitely say that we have the necessary know how to handle this kind of business. It may seems that no particular skill is needed to run a RCB program, but we can assure you that it is not so simple.
During these two years we at Search-Autosurf.com have always tried to be as honest as we could and to give our members back every cent that they were owed, and the long list of payments made so far is here to give you proofs of what we are saying. Let us report a few stats just to give you an idea of what we are talking about:
Payments made so far = 657
Commissions processed so far = 1440
Our members have purchased a total of 118,931.59$ of upgrades
We have paid back to them a total of 4,043.54$
therefore we have granted them a 3.4% extra earning on their investments, and let us consider this as our personal success.
At the beginning, offering this service was quite simple since at that time all programs (autosurfs and hyips) offered only one payment processor, thus allowing us to follow just one single procedure.
Nowadays, with all those programs offering several payment processors options, granting an RCB program has become really difficult and a matter of professionalism and honesty. Payment processors in fact apply different fees, some apply only a percentage, some others apply a fixed tax plus a percentage, so that calculating the exact amount due to a referral is not always that easy as it was. Our members had the option of using only one payment processor to purchase upgrades and to notify upgrades and get paid their referral commissions back. With the time, we have powered our service and now our members have the option to choose between the following 5 different payment processors:
One can ask: so what's the point? What's the difficult part of it?
Well, think of AlertPay and Solidtrustpay and of their fees (fixed tax plus percentage). Dealing with this commissions is really difficult. Let us make an example: suppose that we have to withdraw a 0.3$ commission via AP; this means that the user won't earn a single cent from it since we'd receive only 0,049 cents to our AP account; the 80% of it is 0,039. Paying back a 0,039 commission would result in a complete waste of money. To avoid money wasting we have put in place two different solutions:
a) give the users the possibility to accumulate their commissions and to withdraw them all at once (and this is available since the very first day);
b) withdrawing commissions available in our accounts only when we reach a good number or a good amount, so that we can divide the corresponding fees between several members, thus allowing all of them to earn as much as possible;
the second option is the reason why, when you notify upgrades using AP and STP, you will be paid different amounts from time to time, depending on how we were able to divide the fees between our referrals.
Let us give a couple of examples to explain this concept: suppose that we withdraw 10$ of commissions made up of 5 single commissions, AP will apply a fee of 0.25$ + 0.24375$, so that we will receive about 9,50$. In this case, the commission of 0.49$ will be divided by 5, and every one of the 5 referrals will be applied a corresponding fee of 0.098$.
Now suppose that we withdraw the same amount of money to AP, but suppose that it has been generated by only 2 upgrades. AP will apply the same 0.49$ total fee as above, but this time it will be divided by 2, so that every one of the two referrals will be applied a total of 0.245$.
So please, always try to use the payment processor that better suits your needs. I mean, if you are dealing with big upgrades (and therefore you expect to receive big commissions) you can use payment processors which apply higher fees; but if you plan to purchase small upgrades, try to use processors which apply low fees, so that you can earn more from our RCB program.
We at Search-Autosurf.com have always orientated our policy towards transparency, and all the data which is visible on our website speak for itself! We have never hidden our earnings, and we display every single transaction specifying whether it is referral commission, an expired upgrade or whatsoever. Every single referral commission notified by our members as well as every payment that we have processed so far is visible to everyone and can be accessed by the “user investments” in each program's details page, or by the “paid users” link on top right of each page in our website. In the latter page, you can even click on each transaction batch to see the details of it, a popup window will open showing all the single packages the cashout was made of. Thus, you can monitor us and make yourself an idea of how we act!
That is all for now, stay tuned for more news!
baldur
During these two years we at Search-Autosurf.com have always tried to be as honest as we could and to give our members back every cent that they were owed, and the long list of payments made so far is here to give you proofs of what we are saying. Let us report a few stats just to give you an idea of what we are talking about:
Payments made so far = 657
Commissions processed so far = 1440
Our members have purchased a total of 118,931.59$ of upgrades
We have paid back to them a total of 4,043.54$
therefore we have granted them a 3.4% extra earning on their investments, and let us consider this as our personal success.
At the beginning, offering this service was quite simple since at that time all programs (autosurfs and hyips) offered only one payment processor, thus allowing us to follow just one single procedure.
Nowadays, with all those programs offering several payment processors options, granting an RCB program has become really difficult and a matter of professionalism and honesty. Payment processors in fact apply different fees, some apply only a percentage, some others apply a fixed tax plus a percentage, so that calculating the exact amount due to a referral is not always that easy as it was. Our members had the option of using only one payment processor to purchase upgrades and to notify upgrades and get paid their referral commissions back. With the time, we have powered our service and now our members have the option to choose between the following 5 different payment processors:
- AlertPay, fees = 0.25$ + 2.5%
LibertyReserve, fees = 1%
SolidTrustPay, fees = 0.25$ + 1.5%
EvoWallet, fees = 1.5%
StrictPay, fees = 2.0%
One can ask: so what's the point? What's the difficult part of it?
Well, think of AlertPay and Solidtrustpay and of their fees (fixed tax plus percentage). Dealing with this commissions is really difficult. Let us make an example: suppose that we have to withdraw a 0.3$ commission via AP; this means that the user won't earn a single cent from it since we'd receive only 0,049 cents to our AP account; the 80% of it is 0,039. Paying back a 0,039 commission would result in a complete waste of money. To avoid money wasting we have put in place two different solutions:
a) give the users the possibility to accumulate their commissions and to withdraw them all at once (and this is available since the very first day);
b) withdrawing commissions available in our accounts only when we reach a good number or a good amount, so that we can divide the corresponding fees between several members, thus allowing all of them to earn as much as possible;
the second option is the reason why, when you notify upgrades using AP and STP, you will be paid different amounts from time to time, depending on how we were able to divide the fees between our referrals.
Let us give a couple of examples to explain this concept: suppose that we withdraw 10$ of commissions made up of 5 single commissions, AP will apply a fee of 0.25$ + 0.24375$, so that we will receive about 9,50$. In this case, the commission of 0.49$ will be divided by 5, and every one of the 5 referrals will be applied a corresponding fee of 0.098$.
Now suppose that we withdraw the same amount of money to AP, but suppose that it has been generated by only 2 upgrades. AP will apply the same 0.49$ total fee as above, but this time it will be divided by 2, so that every one of the two referrals will be applied a total of 0.245$.
So please, always try to use the payment processor that better suits your needs. I mean, if you are dealing with big upgrades (and therefore you expect to receive big commissions) you can use payment processors which apply higher fees; but if you plan to purchase small upgrades, try to use processors which apply low fees, so that you can earn more from our RCB program.
We at Search-Autosurf.com have always orientated our policy towards transparency, and all the data which is visible on our website speak for itself! We have never hidden our earnings, and we display every single transaction specifying whether it is referral commission, an expired upgrade or whatsoever. Every single referral commission notified by our members as well as every payment that we have processed so far is visible to everyone and can be accessed by the “user investments” in each program's details page, or by the “paid users” link on top right of each page in our website. In the latter page, you can even click on each transaction batch to see the details of it, a popup window will open showing all the single packages the cashout was made of. Thus, you can monitor us and make yourself an idea of how we act!
That is all for now, stay tuned for more news!
baldur
