VIP Profits Changes Payment Dates

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  • #606786
    Anonymous
    Inactive

    We all know that VIP Profits pays quarterly (yuck!). However, their Terms and Conditions have always contradicted this, leading to affiliate confusion month after month.

    The terms and conditions have now been updated to show that they will only pay their affiliates quarterly.

    See more at: VIP Profits Program Changes

    #759226

    when will 4th quarter 07 payouts be made?

    #759239
    Anonymous
    Inactive

    Based on some affiliates reporting that they were paid in October, I would assume January (by the end of the month) you should be paid for earnings in the previous quarter.

    However – I would check with the Affiliate Program Manager for more info. And, I have no idea who that is because all previous emails are not being responded to last I checked.

    #759248

    have you checked them recently?
    they seem to have changed them back
    also they don’t mention when payments will be made
    the old agreement said when payments would be made
    now that they pay quarterly they also take longer (much longer) to actually pay out after the quarter is over

    #759253
    Anonymous
    Inactive

    @surfsup 151517 wrote:

    have you checked them recently?
    they seem to have changed them back
    also they don’t mention when payments will be made
    the old agreement said when payments would be made
    now that they pay quarterly they also take longer (much longer) to actually pay out after the quarter is over

    Not sure what you mean by that… We have a ‘Terms Alert System’ at AGD which detects any and all terms changes for each affiliate program and outlines those changes to us for interpretation.

    I went to VIP Profits Terms just now to ensure that the TAS didn’t fail… The payment timeperiod still states quarterly and that Term has not changed since outlining it here on CAP in this original post.

    I agree – they made the change to the terms so that they COULD stretch out payment times. It is a shitty thing to do and they know it as it was an intentional move.

    #759276
    Anonymous
    Inactive

    Payment for this time period will end in January. However, payments will not be sent out until February 16th

    #759278

    That would be strange if payments are including january. I was always under the impression that it was based on a calander quarter. While i might buy the fact that i won’t get paid until mid feb, i am not sure i buy the fact that it would include january commisons. Can you explain where you got this info?

    #759279

    i just went to my account right now and copied this and pasted it, i have not changed a thing

    Financial
    What will it cost me to join?
    VIP Profits is a free to join program with no charges incurred by you as an affiliate. There are no catches and no strings attached.

    How often am I paid?
    VIP Profits processes payments around the 8th day of each month. Payments will be received according to payment type and statements will be sent on the 8th –10th day of each month. Please note that we are paying you on the 8th of each month to make sure all the sporting events are graded. This will prevent differences after payment in your commission.

    What is your commission structure?
    Click here to find out more about our commission structure, our two-tier program and more. This link is conveniently located at the top navigation bar as well throughout the site.

    What are the payment methods?
    We currently can pay our affiliates by Bank wire, placing affiliate commissions in a betting account , http://www.neteller.com and http://www.moneybookers.com . Payments will require a minimum earning of $50 if residing in the US and Canada and $100 if outside of the US. We suggest you set up a Neteller or moneybookers account as it is free, quick and simple! – visit http://www.Neteller.com and http://www.moneybookers.com for details.

    How do I see how much I have earned?
    You can log into your account at the VIP Profits website and check your stats 24 hours a per day, 7 days a week, 365 days per year. We are always a phone call away if you have any questions. Please note that it might take till the next day before a new signup show in your account.

    Do negatives carry over?

    Yes, negative balances will carry over. Our merchants are mainly sportsbooks and it would be simply impossible to wipe out negatives at the end of each month. Please note that a sports bettor is very different from a casino player. The average value of a player is much higher and therefore you will have a good chance to earn back any potential losses.
    Please [URL=”javascript:;”]click here[/URL] to see our commissions explained further.

    #759280
    Anonymous
    Inactive

    I understand that you have pasted the above and it is from the FAQ page most likely… However, your contract is what matters – not the FAQ page.

    Check out the link up at the top to the terms and conditions change and you will see that they have changed the Terms and Conditions in section 4.1 to mention quarterly payment.

    #760310

    aloha
    I still see the money in my account which means they have not even attempted to send it.

    there was a mention below that they were going to include january commisions in this check and pay feb 16th.

    i have been unable to verify this information.

    could anyone verify that the payments are not calculated on a calander quarter and actually do end in febuary?

    #760487
    Anonymous
    Inactive

    I will try and get this verified for you please give me a couple days.

    #760488

    I think it may have been wishful thinking on a posters part to think the next payment would also include january. but yes if you can please verify this for future reference. I am still of the belief that it is based on calander quarters.

    #760760
    Anonymous
    Inactive

    This is the response I have for you..

    Pay periods are based on a calendar quarter and payments therefore would follow in about the same time interval dep0ending on processing options available at the time. Basically everyone except those receiving checks (NETeller, Moneybookers, Bank Wire) receive their payments quickly after each period wraps up, but the checks usually are slower and very dependant on the processor so there can be a lag.

    If you are waiting on a check you’ll get the check next week latest.

    He also suggested switching to one of the other methods if you can!

    #760781

    I am extreemly frustrated with vip. someone PLEASE tell them i want to sell my account with them. I want to sell it to someone who does not need the money to pay rent or arrive on time but just wants to be paid eventually. for this type of person there is no problem. For ME HUGE PROBLEM. I have always gotten paid eventually, it just happens that the times i DONT GET PAID ON TIME. are the times I NEED IT MOST.

    bonus streak thanks much for your info, however it does not help me since i am getting paid by bank wire, it seems that what you are saying is that i should have already been paid.

    the reason i am trying to contact vip so often is that the money is still in my account under balance forward.

    there is only one reason i can see why that would be correct and that is if the minumum payment amount for bank wire to usa citizen is more then 600 dollars.

    the amount they owe me is more then 500 dollars.

    #760788
    Anonymous
    Inactive

    I emailed to support@vipprofits.com and got that response maybe try emailing them dear. In the meantime I would offer the advise of not putting all your eggs into one basket dear and see what other programs you can work with that would be more suitable to your needs and work with several not just one.

Viewing 15 posts - 1 through 15 (of 41 total)