I'm looking at reviewing the payment options offered by Coral Connect and would appreciate some feedback...
Can you let me know what your ideal affiliate payment option would be?
Bank Transfer
Neteller
MoneyBookers (nobody ever calls it Skrill)
PayPal
into a Player Account
Other, please list in comments below
I'm looking at reviewing the payment options offered by Coral Connect and would appreciate some feedback...
Can you let me know what your ideal affiliate payment option would be?
personally straight into the bank
Anthony-Coral (21 May 2013)
Pay into the bank. Simple, and traceable.
Using personal e-wallets in order to get paid is just asking for trouble with the IRD / Inland Revenue long term.
Anthony-Coral (21 May 2013)
Yep bank transfer, no messing around.
Anthony-Coral (21 May 2013)
Bank Transfer has to be the best as long as they are not held up. I also like PayPal because I personally use PayPal for some different things so it is nice to have money in there rather than funding it on my own. Also PayPal withdraws are really easy either by depositing into my bank or using their ATM card. Cash Transfers are also also always an option. Im in the US so payments can get srewy sometimes.
Bank Transfer - then PayPal then a Cash Transfer (WU or MG)
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Anthony-Coral (21 May 2013)
bank transfer or cheque for me. I tried neteller, but the fees and currency conversion rates were over the top.
Anthony-Coral (21 May 2013)
As a slightly-related side issue to this post, relating to funds and transfers...
Not sure how useful it would prove but for affiliates who are struggling to afford expensive currency transfers via your banks, or if your Affiliate Programme can only pay you out in EUR or GBP and you want your earnings back in a USD account (or vice versa) may I recommend transferwise.com.
It's a platform that was created by one of the guys who was the 1st employee at Skype and allows you to transfer and exchange currencies at the wholesale rate without the bank as an expensive middle-man that always wants to charge you a retail conversion rate.
I work in Gibraltar and get paid in GBP but live in Spain with a mortgage in EUR. I've used them every month for over a year saving on average over £60 a month
If you're interested or if you think this might help then check them out at http://transferwise.com/about
Anyway... back to the poll!
Like the bank transfer as it is the quickest and safe to get the money in your hand. Paypal is another good one. Unfortunately most of programs do not support this withdraw method.
Previously I had preferred to use Neteller, but now I don't think it is safe as someone stole money from my account with me knowing nothing about it. Neteller refused to tell me anything about it or investigate it, but blamed my email was hacked with no evidence.
Anthony-Coral (21 May 2013)
Bank Transfer, PayPal, Skrill - in that order.
Anthony-Coral (21 May 2013)
If you ask me I prefer Neteller or moneybookers(Skrill) and number 3 on my top payment methods is bank account.
Anthony-Coral (21 May 2013)
I like the poll option "MoneyBookers (nobody ever calls it Skrill)"Ridiculous rebrand IMHO - I still now refer to it as "Moneybookers Skrill".
Anthony-Coral (21 May 2013)
I agree with most of the posts above - bank transfer for me too!
But, call me old-fashioned, there's nothing like opening an envelope to find a nice, juicy cheque!![]()
Anthony-Coral (22 May 2013)
Bank Wire definitely .
Anthony-Coral (22 May 2013)
Paypal is the easiest mode of payment these days, specially when we are talking about online transactions from all over the world.
Anthony-Coral (22 May 2013)
Straight in the bank for me too, although for smaller or non-GBP payments I often use moneybookers as well.
That transferwise site looks really interesting - we spend a lot of time out in the US and get stung on currency exchange fees all the time. Might have to give it a go!
I'm assuming if you were using it for handling payments in other currencies for our business that you'd also need to set up a bank account in that currency to first receive the funds?
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Anthony-Coral (22 May 2013)
Yes, you'd need either your own bank account at the 'receiving' end or nominate the account of a friend or colleague over there who could then pass you the cash.
baldidiot (22 May 2013)
Might be time to talk to my bank about getting some multi-currency accounts then!
Cheers mate
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UK Bank Transfer is the perfect payment method![]()
Sorry, re-read the question about TransferWise so think I need to clarify - you don't need the sending account to be in the same currency as the receiving account. For example, a US affiliate who got paid out aff earnings in GBP but wanted them in USD would potentially get stung each month by bank charges and currency conversions at retail rate. If they are able to create an account in GBP in which to receive their earnings they can then use TransferWise to send the amount to their 'home' bank account at a fraction of the cost.
Transferwise can be used to transfer amounts between diff accounts and currencies
Yeah - that's what I thought you meant!
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