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ClickBank Offers Weekly Payments

Service provides greater flexibility for ClickBank users

BROOMFIELD, Colo.- Sept. 9, 2008 – ClickBank, a privately held online retailer for buyers and sellers of digitally delivered products and services, today announced the ability for ClickBank clients to receive payments for affiliate commission and sales via weekly direct deposit (ACH & XACH).

“During the past two years in our efforts to maintain high levels of customer satisfaction, we have made a number of critical improvements to our services and offerings,” said Bob King, ClickBank CEO. “The latest improvement is weekly payments. With this offering our clients will have greater flexibility to manage their cash flow and reinvest into their businesses.”

In July, ClickBank introduced direct deposit into both domestic and international bank accounts. Now, direct deposit users can choose to be paid weekly, cutting the wait time to receive electronic payments and providing ClickBank clients faster access to capital.

“Direct deposit and shorter payment cycles will help many Internet marketers manage their cash flow and reinvest their ClickBank profits,” said ClickBank client Michael Rasmussen. “It’s not only a good business move for existing clients, it will bring in a lot of new ClickBank affiliates as well.”

To be eligible for weekly payments and direct deposit, a ClickBank user must have first received three paper checks within any 90-day period. Also, only accounts in the following countries qualify at this time: Australia, Austria, Belgium, Canada, France, Germany, Ireland, Mexico, the Netherlands, New Zealand, Spain, Switzerland, United Kingdom and the United States. The company is expecting to expand direct deposit to other countries in the future.

About

Beau is the Client Knowledge Guru for ClickBank and covers the latest trends, tips and techniques for building profitable Internet marketing businesses.

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12 Responses to “ClickBank Offers Weekly Payments”

  • SMNETWORK says:

    I have been using Clickbank for years and this is the greatest improvement I have seen yet. Well done CB!

  • Daniël says:

    I can only fully agree with SMNETWORK !

    This is quite an improvement! Great job!
    Will the next step be payng out on PayPal, or is that not in question?

    That would be handy to centralize all incoming payments. However, it may be better to directly deposit to an existing bank account in order to avoid the extra PayPal fee. I’m not sure about that though.

    I have my Dutch bank accout set to USD though. Will CB pay out dollars then or eoros?

    Daniël

  • Richard Wing says:

    I also like the changes and feel they are a move forward.

    I wonder why receiving funds for commissions to our paypal was not offered?

    I would love to be able to have my funds sent to me there .

    Thanks,
    Richard Wing

  • Video Game Accessories & Downloads says:

    Better late than never right. Good deal for affiliates and CB, both sides win and winning is $$$$$$$$!!!

  • K Wallace says:

    Does ANYBODY know where I can cash this Clickbank check? I’m on the east coast and there’s no Wells Fargo here, I’ve been to wal-mart and a reputable national check cashing agency, neither of which would look twice at it. I don’t have a bank account nor do I want one. Advice anyone?

  • muyiwa says:

    i have found out that click bank is the best market place site for affilaites and marketers.its really recommendable

  • Sylvester says:

    This is one of the best thinks to happen at ClickBank in resent times.
    Cheers!

  • izu Mou says:

    Nice move.Thanks for your effort guys

  • When ClickBank have the ability for its clients to receive payments for affiliate commission and sales via Paypal, or other modern online-payment methods?
    Please announce us as soon as possible if there is any…. Thanks!

  • Gerda says:

    How can I transfer money from my Clickbank account to my PayPal account? I know I can transfer from PayPal to ClickBank but what about the other way around? Thanks

  • Beau Blackwell, ClickBank says:

    Gerda,

    Sorry, but that currently isn’t possible. Our payout methods are by check or (depending on your location) direct deposit.

  • Bettie W. says:

    Hi again.

    About CB sales & payments? It doesn’t matter how
    I receive the payment, as long as I receive it.
    I made a few sales in the past, but they were 1
    here and 1 there, etc. Never received any money
    because of the threshold policy.

    It is very difficult as it is to get the customer
    to click the Add to cart or buy now button, and
    when they do, we’re hoping that another sale come
    in from another source. To me, this is hard as heck,
    unless we get a bunch of sales at one time.

    How can we control that – who buys & how many buy
    at any given time?

    I get highly confused & disturbed with this.
    Just my own personal opinion.

    My belief is, a sale is a sale. When we can barely
    get a sale, it is frustrating when I see the money
    in my account but can’t touch it. Then the money
    seems to start disappearing each month,until I am
    back to “0″.

    This can be very discouraging to new & current affiliates -
    for all the efforts we put into promoting a vendors product
    & then, not being able to receive the commissions we earned.

    This is my only issue promoting as an affiliate.

    Thanks for listening (reading)! Any feedback is welcome,
    on something I may not know or may not understand with this!

    Anyone?

    Regards,
    Bettie W.

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