Posted by: Michael Poston, Product Manager

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!

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