Question: What is a Payment Change Deadline?
Answer: A Payment Change Deadline is the time by which all payment changes must be made. Specifically, after a payment period ends, all payment-related changes must be made by the following Tuesday. For example, if the period ends on 4-13-2011, then all changes must be made by 4-19-2011. The payment is then sent a week later, on 4-27-2011.

Question: What changes does this include?
Answer: Everything payment related!

This includes:

• Payee name
• Address
• Payment method
• Payment threshold amount
• Payment frequency
• Banking information change

Question: What if I receive electronic payments from ClickBank?
Answer: If you receive an electronic payment from ClickBank, ANY change to your banking information must be done and confirmed a full week before the payment is sent. Changes made later than this will not take effect until the next payment. To keep our system secure and protect your account, we can make no exceptions to these deadlines.

Question: What if I want to change my payment details the day before my payment is sent?
Answer: Sorry, you can’t change your banking details the day before payment is sent and have the payment be sent using the new information. Any change must be done a week prior to payout.

You can read our full accounting policy here:
https://www.clickbank.com/accounting.html

The portion of the policy that deals specifically with the Payment Change Deadline is here:
https://www.clickbank.com/accounting.html#A5

If you have any questions about this deadline, please email paychecks[at]clickbank.com or open a ticket for support. Happy earning!

Take a look at these related posts:

1. Weekly Payments, Anyone?
2. Change We Can Believe In
3. Client Contract Change Summary

During our recent Advisory Board meeting, we announced our intention to introduce Direct Deposit payments for our clients, and each of the participants provided similar feedback: that Direct Deposit and shorter payment cycles would really help them manage their cash flow.

For this reason, in the coming weeks, ClickBank will offer the choice of weekly or biweekly payments via Direct Deposit (ACH & XACH) into both domestic and international bank accounts for eligible clients. For more information on Direct Deposit eligibility, please refer to the following Direct Deposit documentation.

With weekly payments, and our already low payment threshold, ClickBank makes it possible to reinvest your profits quickly, with double the number of paydays. Ultimately, this will allow your business to be more agile and profitable than ever!

Remember, your input shapes our roadmap. It is our goal to deliver products and features that are in demand, and to help our clients run their businesses more effectively. Please comment below and let me know what features you think are important!

Happy selling, friends!

Take a look at these related posts:

1. ClickBank Offers Weekly Payments
2. Direct Deposit is Finally Here!
3. ClickBank Offers Direct Deposit

Service provides more convenience when paying for online subscriptions

BROOMFIELD, Colo. – June 24, 2008 – ClickBank, a privately held online retailer for buyers and sellers of digitally delivered products and services, today announced it is offering PayPal for recurring billing – yet another strategic option for product publishers seeking to increase business and meet customer needs.

ClickBank is using PayPal’s recurring billing solution to give product publishers an easy way to sell subscription-based content and services, such as online newsletters or annual software licenses. It has proven to be very popular with customers, growing rapidly each month since its introduction.

“Currently, nearly 20 percent of ClickBank’s total business transactions are conducted using PayPal,” said Bob King, ClickBank CEO. “Allowing customers to use PayPal for recurring billing will further fuel demand for our popular subscription-based products and services and, by providing a new payment option, enhance the ClickBank experience for publishers, affiliates and customers.”

“We are excited to have ClickBank on board using PayPal,” said Jim Hunt, director of merchant relations at PayPal. “Using our recurring billing functionality gives customers security and convenience when shopping online.”

ClickBank is a world leader in online commerce systems with more than 100,000 active affiliates, 35,000 unique digitally downloadable products, such as e-books and software, and over 12,000 product publishers from around the globe that register more than 25,000 daily transactions.

Take a look at these related posts:

1. Recurring Billing = Regular Profits
2. Recurring Billing Product Ideas
3. Download Our Recurring Billing Publisher Guide