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Reduced Payout Limit and Moneybookers


[11/14/2007] We reduce our payout limit and introduce Moneybookers payouts.
Written by: Lars
Many of our regular contributors have asked if we could reduce our $100 payout limit, so we are now pleased to tell you that we have reduced our payout limit to $50 for all PayPal payouts.

This means more regular payouts for our contributors – even those of you who don't have massive portfolios. For bank transfers and cheque payments the $100 payout limit will remain – this is mainly due to the high bank charges associated with international bank transactions.

We are also pleased to annonce the introduction of Moneybookers payouts, also with a $50 payout limit. For the time being you should contact our helpdesk in order to arrange your Moneybookers payouts, and for the next month there might be a little delay in the payments, so please bear with us. After this introductory period we should have a fully automated system in place, with the same speed of payment as our PayPal payouts.

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