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-   -   IMPORTANT TWISTYSCash Announcement...Regarding Ibill Situation (https://gfy.com/showthread.php?t=365129)

Shap 09-30-2004 11:08 PM

IMPORTANT TWISTYSCash Announcement...Regarding Ibill Situation
 
Hi Everyone. With Ibill's current situation we feel it is important for us to make a public statement letting all of our affiliates know how we are dealing with the issues at hand. Thank you for taking the time to read this.

As you probably already know, Ibill (our primary processor) is going through some tough times. They are unable to process Visa transactions until October 8th. They also have not been paid by their bank. As a result, Ibill cannot pay out anyone (us, our competitors and even you, our affiliates) at this time. However, we are working on a solution. See below. We are confident the staff at Ibill are working around the clock to get this situation resolved. As soon as we have more information on this matter we will let you (our affiliates) know.

In the meantime, we have taken matters in to our own hands. Our affiliates are very important to us and we value the trust they have in us. While the Ibill issue is out of our control, we still want to do our absolute best to make sure that each and every one of our affiliates makes it through this with as few problems as possible. We have spent the past week working hard and making changes to make sure that things run smoothly moving forward. We have implemented a new system where we pay our webmasters (instead of the processors paying them out). We have also made Ccbill our primary processor and Paycom as our backup and we have increased the payout from 50% revshare to 60%. Each of these are effective as of yesterday, September 30th 2004. We believe this will help us prevent our affiliates from ever having to deal with a setback like this in the future as well as the opportunity to make more money with us than ever before.

There is also another big announcement we would like to make...
All Twistyscash Bonuses for September have been DOUBLED!

On September 1st we launched a Twistyscash Promotion (Twistyscash Promotion Details ). The promotion has been very successful and we have seen a significant increase in sales. We truly appreciate your traffic! Thanks to each and every one of you. As you can imagine, we are very disappointed that at the time when your sales are increasing, our processor is unable to pay you for these signups. We would like to assure you that despite us not being paid by Ibill, we still plan to send out this month's TwistysCash Bonuses from our own pockets. To make up for this bump in the road, we will DOUBLE your September BONUS.That's right. Whatever your bonus was in September you will be receiving DOUBLE the amount. This is just our way of saying thank you for continuing to put your trust and traffic in to Twistyscash. We hope that this extra bonus will help make up for whatever financial setback the delay in payments from ibill may have caused you. In addition, if the delay in your ibill payment has put you in a position that you are unable to get by financially, please contact us. We will personally try to find a solution so that you can continue to operate business without any serious problems.

We fully support Ibill and hope that they will be able to make it through this temporary setback and get back on their feet again.

If You have any questions feel free to email Dicey at Twistys dot com.

Thank you for reading and thank you to all our TwistysCash Affiliates.


Have a Great Day/Evening.
Shap, Dicey and the TwistysCash Crew!

jigga 09-30-2004 11:13 PM

shap.....that's awesome dude.....you guys always are ahead of the game when it comes to this biz :-)

Axeman 09-30-2004 11:15 PM

Excellent news Shap. Keep up the good work and thanks for trying to minimize the pain that this ibill fiasco has caused.

Mutt 09-30-2004 11:16 PM

Shap is a class act - one of the few in this biz.

:thumbsup

Doctor Dre 09-30-2004 11:16 PM

Shap everybody knows you have no control over this and you are a standup guy ... this will hurt you on the short term but you will get out of this way stronger :)

good luck to you and your crew

PornGeneral 09-30-2004 11:19 PM

Might have to look into promoting TwistyCash ... :thumbsup

Doctor Dre 09-30-2004 11:31 PM

Quote:

Originally posted by PornGeneral
Might have to look into promoting TwistyCash ... :thumbsup
Shap is definitly top notch

wdsguy 09-30-2004 11:39 PM

very good news to hear shap :thumbsup

Webby 10-01-2004 12:25 AM

Good move and well done!!! :thumbsup

XPays 10-01-2004 12:27 AM

a lot of affiliate programs are covering 100% of the payments on time regardless of whether ibill pays them. no offense but it seems like allowing the processor to slow-pay affiliates is not competitive albeit unintentional. when a similar situation happened to us we fronted a huge nut and had only been in business 6 months when we got stuck. We are forced to payout on time because we have never paid late and no excuse in the world will change history once a sponsor has paid late, even if only temporarily. my advice is to pay all of your affiliates on time however possible and deal with ibill money later. it will make a huge difference in your bottom line 5 years from now due to the loyalty factor :thumbsup

magnatique 10-01-2004 05:16 AM

Quote:

Originally posted by XPays
a lot of affiliate programs are covering 100% of the payments on time regardless of whether ibill pays them. no offense but it seems like allowing the processor to slow-pay affiliates is not competitive albeit unintentional. when a similar situation happened to us we fronted a huge nut and had only been in business 6 months when we got stuck. We are forced to payout on time because we have never paid late and no excuse in the world will change history once a sponsor has paid late, even if only temporarily. my advice is to pay all of your affiliates on time however possible and deal with ibill money later. it will make a huge difference in your bottom line 5 years from now due to the loyalty factor :thumbsup

From what I know, Shap is not only gonna do this, but he's gonna dig even deeper in his pocket and STILL pay the Bonuses, BUT EVEN going to pay DOUBLE...


Some of the bonuses already Ran at 100% of the initial signups...

so, in fact, he will be taking out of his pocket 250% of what IBILL is not going to pay him on time... I don't know any company doing this ;)


WTG brother, wouldn't expect any less from you..., U DA MAN! :)

Shap 10-01-2004 08:47 AM

Thanks Guys :thumbsup Trying our best to keep everyone happy.

Juicy D. Links 10-01-2004 08:51 AM

:thumbsup

Sosa 10-01-2004 08:55 AM

very good move, would be nice to see more sponsors doing this if they could handle it.

Shap 10-01-2004 11:01 AM

Hey Juicy. On the light-hearted side of things. I was sitting watching the debate last night and thought to myself... You know what this debate needs? Juicy to take the mic and say "Mr President what are your thoughts on 2257."
LOL for some reason that idea cracks me up. You need to keep filming Juicy Episodes.

MaDalton 10-01-2004 11:44 AM

Quote:

Originally posted by shap
Hey Juicy. On the light-hearted side of things. I was sitting watching the debate last night and thought to myself... You know what this debate needs? Juicy to take the mic and say "Mr President what are your thoughts on 2257."
LOL for some reason that idea cracks me up. You need to keep filming Juicy Episodes.


you know what i would have found extremely funny? a camera from behind Bush showing Mary34D under his desk giving him a blowjob while he speaks. like in Police Academy. :1orglaugh

NoCarrier 10-01-2004 11:45 AM

Shap is good people :thumbsup

(Always wanted to say " is good people").

SiMpLe 10-01-2004 11:48 AM

Shap gets a :thumbsup :thumbsup :thumbsup from the nscash crew.

Theo 10-01-2004 12:21 PM

shap is a true businessman

Zester 10-01-2004 01:04 PM

smart move

XPays 10-01-2004 03:58 PM

Quote:

Originally posted by magnatique
From what I know, Shap is not only gonna do this, but he's gonna dig even deeper in his pocket and STILL pay the Bonuses, BUT EVEN going to pay DOUBLE...


Some of the bonuses already Ran at 100% of the initial signups...

so, in fact, he will be taking out of his pocket 250% of what IBILL is not going to pay him on time... I don't know any company doing this ;)


WTG brother, wouldn't expect any less from you..., U DA MAN! :)

definitely a great move- when reading the announcement, my first impression was that only affiliates who requested assistance would get paid on time so hence the recommendation. sorry if i misunderstood :(

Shap 10-02-2004 10:03 AM

NoCarrier, Simple, Soul thanks for the kind words. :thumbsup

I have to say this past month has been so stressful and exhausting. I hope October gets off to a better start :winkwink:


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