I'm new to ClickBank, having just signed up for them to promote the Micon System program. So far I've had three sales with the last two coming since the price increase. I don't know if that's a good conversion or not for this type of product as I've never promoted this before.
Anyway, upon reading the ClickBank T&C's I see this:
Quote:
Customer distribution requirement.
ClickBank accounts cannot be used for the sole purpose of collecting rebates, or otherwise extending credit to yourself or others. To ensure compliance with US law, ClickBank will withhold payment of any account balance until it contains standing sales made with 5 or more different credit card numbers, including at least one Visa card, and one MasterCard. PayPal and eCheck purchases do not count toward the minimum. |
Holy shit man! You mean that I may have to wait for 10, 12, 15, or more sales HOPING that at least one each uses a Visa and Mastercard? Most people I know will use PayPal if given an option. Jesus man, echecks don't count either!
This is perhaps one of the worst policies I've ever seen. You really have to jump through hoops to get paid by these people. In the meantime, your balance is sitting in their pockets collecting interest. I wonder how many affiliates have just given up being paid by ClickBank due to this BS policy...