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ReferSpot $250 minimum payout

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  • #595884
    Anonymous
    Inactive

    ReferSpot,

    Would you consider lowering your minimum payout? Currently it stands at $250, which is awfully high.

    Casino Blasters, Allstar Affiliates, and Poker.com have a minimum payout of $5.00.

    #700309
    Anonymous
    Inactive

    Yes, PLEASE!

    #700513
    Anonymous
    Inactive

    Hi Dave,

    I checked with Casino Blasters and their minimum payment is $50. The affiliate support staff at the other two affiliate programs that you mentioned were unavailable, and there was no minimum payment indicated on their sites.

    We implemented a minimum payment because we absorb all the transaction costs incuding Neteller, PaySpark, wires, ACHs, etc. A minimum payout of $5 (to use your example) does not make financial sense when we incur a $7-$8 cost on a mail check.

    We based this amount on the industry average, however, we are in the process of restructuring and rebranding and will be upgrading to a completely new website at the beginning of September. I will discuss this point with our Finance department in an attempt to lower the minimum payout.

    Regards,
    Yashin

    #700518
    Anonymous
    Inactive

    I have received several NETeller payments from Poker.com in amounts less than $10.

    I once received a NETeller payment from Allstar Affiliates in the amount of $15.00.

    I once received a NETeller payment from Casino Blasters in the amount of $12.78.

    Of course you need a higher minimum to send checks, wire transfers, etc. But for NETeller payments, a $250 minimum is way above the industry average.

    #700526
    Anonymous
    Inactive

    Hi Dave,

    Point taken – I will work on getting the Neteller minimum reduced.

    Feel free to contact me on support@referspot.com

    Regards,
    Yashin

    #700527
    Anonymous
    Inactive

    Cool. Thanks! :bigsmile:

    #703292
    Anonymous
    Inactive

    Hi Yashin,

    Any news on this?

    Thanks. :allears:

    #703299
    Anonymous
    Inactive

    Hi Dave,

    Yes, we will definitely implement a lower minimum payout on certain types of payments methods where the transaction fees are not so high.

    Our Developers have told me this will be included in the new website that we will be rolling out end Sep / beginning Oct.

    Regards,
    Yashin

    #715111
    Anonymous
    Inactive

    Hi Yashin/Irwin,

    It’s been a while since this thread was originally started, and I was wondering if any progress had been made regarding the $250 minimum payout.

    What will the new payout threshold be, and when will it be implemented?

    When will the new affiliate site be launched? Many of us are looking forward to this.

    Thanks in advance. :D

    #715275
    dvs007
    Member

    Hi Dave,

    We will be lowering our payment threshold with our new software, however
    I can not tell you what this threshold will be just yet.

    The launch of our new software has been delayed due to our software providers.There were a few issues we did not agree with and we would like all issues sorted out before we release this to our affiliates.

    I do know all our affiliates are excited to see the new software and I appreciate your patience in this matter.

    Best regards
    Irwin

    irwin@referspot.com

Viewing 10 posts - 1 through 10 (of 10 total)