Mon 28 Sep 2009
So, it’s getting to be time to ship product, which means it’s time for you guys to start earning money. We’ve updated our payment system so it’s far easier and more efficient for you all to receive your earnings. Here’s how it all works:
As soon as you earn 75 dollars (you can view this from your payments/moneys tab in your profile) we will ask you to fill out your payment profile. Your payment profile will include info such as your mailing address (where you would like to receive your checks). Keep in mind this payment profile page is an SSL, secure, and encryped page AVAILABLE TO NO ONE except our finance and wire department.
If you are a US citizen and you have a US bank account:
You have the option of receiving your payments via check or ACH. We will mail your check to you and obviously pay for the postage. ACH is a direct transfer to your bank account. Think – direct deposit at work. (Only this is direct deposit from quirky.)
If you are NOT a US citizen:
You have the option of receiving your payments via check (which we will mail to you and pay for the mailing fee ourselves) or if you’d like the money immediately we can arrange that this money be wired to you (the small wire fee will come out of your earnings).
Some other things to note:
1. Once you earn 600 dollars, we will arrange for tax info to be received. This will NOT be done on our website or on your payment profile page (for obvious security reasons) but will be done offline – either by phone or by snail mail.
2. You can request your withdrawl any time there is 75 dollars or more in your account but not more than one request for withdrawl per week.
3. We will process all withdrawl requests within 72 hours of receiving them. (aka your check will be cut within 72 hours of you requesting it or your money will be directly deposited within 72 hours after requesting it).
4. There is no limit to how much you can withdraw at any period as long as you have at least 75 dollars (all you x-namethisers will be happy to hear that one!)
To ease your curiousity (we know you are all wondering why we got rid of the Payoneer cards?):
– well for one, we know the 200 dollar limit was a matter of utter annoyance to you all
– and more importanlty, from the business side of things, we have found that this route is far more sustainable. This route does not include fees, holding companies, and we are pleased to say that the money will go straight form us to you rather than through any middle man or woman. Yeah, so thats right, you’ll get your money far more efficiently!
Of course, we’ve got ol’ faithful tinydino ready to answer any questions you’ve got. So go bother tinydino@quirky.com if you need anything or have any questions!
