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.

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!