"How can you offer such a good return to your members?
When you upgrade your account, we use a percentage to cover administrative costs, server costs, administrators' costs, programming fees, and other operating expenses. The rest of the funds go into a pool to be redistributed to our members as earnings. Additionally, when members advertise their banners or purchase our other services from us, we pool a percentage of the revenue generated to be given to our members. Thus, in order for you to receive more than the amount you paid, we rely on future earnings from the growth of our other programs. As long as we continue to receive income when you upgrade your accounts, we will continue to be able to pay out."
All businesses need new money. I don't see how this is an issue? Where do you expect them to get it from? Out of thin air? Do you see wal-mart saying they don't need any new customers?
They need to just get on with it and open StudioPay to the public and that's all they'll need, everyone else charges rediculous amounts for online payment processing so if StudioPay keeps good rates then they'll make a TON of money, which will keep StudioTraffic going strong.
They need to just get on with it and open StudioPay to the public and that's all they'll need, everyone else charges rediculous amounts for online payment processing so if StudioPay keeps good rates then they'll make a TON of money, which will keep StudioTraffic going strong.
Open StudioPay so they can join the ranks of PayPal sucks, StormPay sucks and INTGold sucks? Who needs another payment processor to tie up their money when e-gold is better money all of the time?
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Blessed are the cracked: For it is they who let in the light.
Open StudioPay so they can join the ranks of PayPal sucks, StormPay sucks and INTGold sucks? Who needs another payment processor to tie up their money when e-gold is better money all of the time?
First of all, PayPal doesn't suck, neither does StormPay excet for their outragous fees. E-Gold is great yea, but a lot of people complain about the process of signing up with exchanger, waiting for deposits, etc. StudioPay can be successful with the general public, plus it will bring in more money for StudioTraffic which is the whole point.
From my experience as working at a bank... most companies rely on ONE bank as their source of payments... all these various payments made in the US all use different banks....
Meaning, its harder to track funds when they come and go from all different kinds of banks and credit unions... unfortunately my upgrade is on hold until all this can get sorted out
Also ATM cards, modern day con artists can make their own ATM cards and withdraw from your account just by having your card and pin number. Anyone can get blank cards and just program themselves... ST effort to issue their own card is only to gain "trust" of potential upgraders...