por Dat55 Dom 23 Jun 2013, 12:45
update:
Hello BT Members
On June 24th, 2013, Bank on Traffic will have been open for business for a full 90 days.
During this time, we have had a number of problems such as rampant credit card fraud, hacked traffic campaigns, payment processor reversals, and intentional script interference.
We have dealt with or are continuing to deal with each issue as we implement more security measures and will soon have our website member section under locked SSL Certificate and encryption. We are also beginning work on adding a more “marketing and sales oriented front end” to our current website format.
Due to these many issues, it has been difficult to get a real handle on the time frames needed to complete our different business pack sizes and categories. The one thing we want to accomplish is to have a fair and marketable business model. In order to do so, we will be making a few significant changes that should make it more cost effective for the majority of members to stay involved and grow with us.
We will be removing the “Monthly Membership Fees” permanently and activating a one-time “$15.00 Activation Fee” and a “Sales Platform Usage Fee” based only on the distribution of your completed business packs not used to make a repurchase. Using this kind of a fee structure makes our success much more in line and linked directly to the success of our members. In order to implement this new fee structure as soon as possible, we will be reversing all member fees deducted in the month of June. If your membership payment has already been deducted, it will be returned. If it was not deducted yet, it will not be deducted. We have also removed the limits on Traffic Packs so that you can purchase the credits you need to qualify your packs whenever you need them.
We know some members will pay a little more than they did with a flat monthly fee but only because they are using a greater proportion of our sales platform. Remember, if you are a marketer, your success is greatly enhanced when your referred members are able to grow their businesses from small beginnings to greater value for you.
Here are the updated Terms & Conditions we will be posting shortly.
8b. Activation and Sales Platform Usage Fees
In lieu of a monthly membership fee, you agree to pay a one-time $15.00 USD “Account Activation Fee”. You also agree to pay a “Six Percent (6%) Sales Platform Usage Fee” based on the completion of any and all of your Business Packs (BP) upon distribution of actual funds to your BT Ewallet’s “Available Funds” designation.
No fees will be charged on BP completion funds that result in the automatic purchase of a Business Pack designated as “Repurchase Packs”.
This “Sales Platform Usage Fee” will be assessed in the following manner:
On Business Packs set to the 100% Repurchase Option, Zero fees will be assessed.
On Business Packs set to the 50% Repurchase Option, 6% of one half of the value of the pack completion.
On Business Packs set to the 0% Repurchase Option, 6% of the total value of the pack completion.
8c. Member Ewallet
You will be provided with a BT Ewallet that will show all financial transactions including product purchases, payment of fees, and recording of sales earnings. You will be able to withdraw any funds and only those funds shown as “Available Funds”. All member earnings shown in your Ewallet, even those earnings not yet available for withdrawal, will be maintained by us in separate, non-member specific, bank accounts designated for the sole purpose of the distribution of member earnings when released to you and available for withdrawal.
Best Regards,
BT Admin
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