View Poll Results: What currencies do you receive payment in as an affiliate?

Voters
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  • United States Dollars

    14 70.00%
  • Euros

    16 80.00%
  • United Kingdom Pounds Sterling

    11 55.00%
  • Japanese Yen

    0 0%
  • Canadian Dollars

    1 5.00%
  • Australian Dollars

    2 10.00%
  • Chinese Yuan

    0 0%
  • Swiss Francs

    0 0%
  • Singapore Dollars

    0 0%
  • Hong Kong Dollars

    0 0%
  • Other (please explain in a post)

    1 5.00%
Multiple Choice Poll.
Results 1 to 10 of 10
  1. #1
    MichaelCorfman's Avatar
    MichaelCorfman is offline GPWA Executive Director
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    Question What currencies do you receive payment in as an affiliate?

    Online gaming is a global industry. So as affiliates we operate using a variety of currencies, and accept payments of affiliate earnings in one or more currencies. And operators and players operate in a very wide variety of currencies.

    In a multi-currency world, there are costs associated with currency conversions. For that reason, it can be advantageous to maintain bank accounts in a variety of currencies.

    For this week's poll, I have listed the top ten most used currencies in the world (in order by rank), and ask which of those currencies you use directly by maintaining a bank account in that currency.

    Personally, I have found that by maintaining accounts in several currencies the overall cost of banking can be reduced. Once set up, the cost of receiving funds in a local account in a local currency are frequently lower than the cost of foreign transactions in that currency, and the cost of converting funds between different currencies can frequently be structured to be substantially less than what the typical bank charges for converting more transactions for lesser amounts.

    Besides answering the poll, share your thoughts on managing affiliate earnings in terms of tips and tricks for minimizing banking expenses.

    Michael
    GPWA Executive Director, Casino City CEO, Friend to the Village Idiot

    Resources for Affiliates: iGamingDirectory.com, iGamingAffiliatePrograms.com, GamingMeets.com

  2. #2
    TheGooner's Avatar
    TheGooner is offline Private Member
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    Quote Originally Posted by MichaelCorfman View Post
    Personally, I have found that by maintaining accounts in several currencies the overall cost of banking can be reduced. Once set up, the cost of receiving funds in a local account in a local currency are frequently lower than the cost of foreign transactions in that currency ..

    And the cost of converting funds between different currencies can frequently be structured to be substantially less than what the typical bank charges for converting more transactions for lesser amounts.
    Ditto.

  3. #3
    wettFORM.AT's Avatar
    wettFORM.AT is offline Private Member
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    I receive payments only in euros. Some of the affiliate programs count the revenue in GBP but they payout in euro and calculate it on the daily exchange rates.
    WETTFORMAT
    https://wettformat.com
    Wett Tipps, Wettanbieter, Wettbonus

  4. #4
    Bikram is offline Banned
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    i got payments in USd

  5. #5
    Topboss is offline Private Member
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    I used to get the majority of payments in USD but have noticed over the last 6 months or so that many of the Aff Programs now pay in Euros so I am considering opening some multi currency accounts. It makes sense because in my case being in NZ - I get paid in Euros which gets converted to USD ( cost 1 ) in my ewallet which then gets converted into NZD when it hits my bank account ( cost 2 ) so I am probably paying a fortune in conversion fees.

  6. #6
    onlinecasinodeposits is offline Public Member
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    We receive almost all of the payments in USD or Euro.

  7. #7
    MMM
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    who are we and how exactly?
    Best casinos to play slot machines online for real money. Reviews of best Real Money Casinos online.
    Check OnlineBlackjackExplorer for ratings of the best casinos to play blackjack online. Which games offer the lowest house edge, as well as free blackjack games, live dealer and mobile blackjack sites.

  8. #8
    Cash Bonus's Avatar
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    I have always received all of my payments in both USD and Euro only.

  9. #9
    Online Poker America is offline Private Member
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    We usually like to keep it to the preference of the affiliates - being versatile is key. However, we do usually just go for USD, Euros and GBP.

  10. #10
    casinodonkies.com is offline Public Member
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    Only in Euro or USD. We don't deal with UK focused brands.

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