Affiliate Speedpay (affiliatespeedpay.com)

corpfan1 · #1 08-13-2007, 10:10 AM

Here is the post at CAP...

http://www.casinoaffiliateprograms.c...com.22010.html?

Is this the system PAW will be incorporating? This sounds very good...hopefully poker rooms take it and run with it for our sakes.

What does everyone think? I think it would solve my issues.

bahh · #2 08-13-2007, 10:18 AM

What are the benefits from using this system or similar systems?

Jeremy · #3 08-13-2007, 10:39 AM

This was not the initial company that we were speaking with, but I am scheduling a call with Lou to discuss. I would like to see a debit card solution launched at PAW ASAP. Likewise there is a great deal of crossover between CAP and PAW, so they may be a decent company to work with.

A benefit of the debit card solution is that your funds are available the day of payment. Likewise by not being transferred directly to a players account at a poker site, the affiliate will not play with their earnings..... And again it won't take a week to cash out.

Being able to simply go to an ATM machine to cash out some earnings or use your debit card at any store in the world is huge. For the PAW network, this is even more attractive as you can promote all the rooms and receive your one payment into your debit card.

corpfan1 · #4 08-13-2007, 12:32 PM

This would be a great solution to many problems that affiliates go through with payments, getting money, using money.

It also helps us to avoid problems encountered by the poker/casino programs when it comes to payment processors, etc...

WE SHOULDN'T HAVE TO FACE THESE SAME PROBLEMS...THIS IS OUR JOB....NOT OUR GAMBLING RECREATION!!!

bahh · #5 08-13-2007, 12:40 PM

But what is the difference between getting payments to this account and getting it wired to your ordinary personal account?

I guess that most of us has a debit card connected to our regular bank accounts anyway?

corpfan1 · #6 08-13-2007, 01:51 PM

That depends on who is doing the wiring...

Sometimes there are fees associated with wiring...

Also, sometimes it takes a longer time to wire to certain places...

Some companies don't wire...

Etc...

Also, it is all in one place... So many poker affiliate programs put money in poker accounts...then it is a normal hassle to withdraw.

I assume for some it might also act as a tax haven???

bahh · #7 08-13-2007, 01:56 PM

Are the accounts anonymous? That would be something!

Edit: Got an answer on that question at CAP and no they arent anonymous.

bahh · #8 08-13-2007, 02:58 PM

How can it be a tax heaven? Dont you have to pay taxes in the country that you live in? Are there different rules in the US?

Quote:

Originally Posted by corpfan1

I assume for some it might also act as a tax haven???

hoursurfing · #9 08-13-2007, 08:58 PM

Overall it's a huge time saver and I can't wait until most of the programs are up and running.

Jeremy · #10 08-13-2007, 09:20 PM

Yea, regardless of what the PAW Network does, the industry as a whole needs to find one common payment processor. The way it currently is sucks for U.S. affiliates who collect payments from multiple rooms. Every program seems to have a different process.

In the old days (well not that old) Neteller was the common place to cash out for affiliates. Likewise the Neteller debit card was awesome.