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| Some PSX update from Henry |
| Wednesday, May 17, 2006 |
May 16, 2006
Important Update The PointShareXtreme.com Management has decided to conduct auto payments every Fridays beginning this Friday. Safety Nets and other features will be introduced in the next few days. During the previous days, we have been weeding out those who have made chargebacks and verifying data sent to us via the request forms on the site.
DEBIT CARDS AND MONTHLY RESIDUALS
As for the Debit Cards, we have temporarily placed this on hold due to several incidents of Undeliverable and Returned to Sender Mails. The Card Issuer's funding option is not also working properly and taking a long time to process/credit funds to the member's account. For those who already have their card, we will be placing your monthlies on your payment processor.
The Monthly residuals will begin after all late and pending payments are processed by our auto payment system conducted every friday. There are no changes on the computation of the monthly residuals for the moment and each plan that has matured will be paid accordingly.
REFUND OPTIONS
We are also implementing a REFUND OPTION on the site. The refund computation will be as follows:
REFUND = [TOTAL PLANS PURCHASED] LESS [TOTAL PLANS PAID OUT]
NEGATIVE/ZERO results would mean that you will not receive a refund. Upon completion of our processing, you will be automatically banned from the system and all other programs that will be introduced. Prior to this announcement, Safepay members who made use of credit cards to purchase will not be given a refund within 35 days from the date of purchase.
E-CHECK, CREDIT CARD PURCHASES AND CHARGEBACKS
We are not going to accept Credit Cards and e-Checks anymore because of chargeback incidents. Safepay members would need to fund their own Safepay account with their credit card or direct deposit to it. Furthermore, all Safepay payments will now be paid to Safepay.
REFERRAL COMMISSIONS
Referral Commissions will soon be reinstated and Will be paid once the backlog of doubles are done. All referral commissions that were not paid before will also be settled as soon as the payouts are back on track.
MEMBERS' BACK-OFFICE
The Back-office will soon be in place allowing members to track their plans purchased and commission and referral summaries.
I will also be updating you every week on various developments and new programs and plans that will further leverage our funds and your contributions.
We are doing everything to ensure that everyone will be paid. The naysayers might object on every "I got paid" post but I know that those who posted are never actors or actresses or cheerleaders. There are several black propaganda being brewed by people who also wants to put up their own programs on the net. As I've said before, we will show you that the whole of our management team cares a lot for our members and we will always be here and we don't want to break the trust you have given for almost four months with our Pointshare legacy programs. We have a lot of good plans ahead that will certainly aid each and everyone in achieving the financial freedom that you well deserve.
On a personal note, I may be younger than most of you but I consider each one of you as family... and families stick together despite all the challenges that comes our way. With each one of us helping one another, we will all SUCCEED.
AS EARLY AS NOW, Congratulations to each and everyone of you and let us all work together for a brighter future! |
posted by Lazyman @ 2:41 PM   |
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