@venkat
Well they state the following in their news page :
Quote:If PayPal doesn't support payments from your country, we're now also accepting other processors including Perfect Money. Just visit
http://refban.com/contact.php and email us to order!
Not sure if that helps though..
We know that Payza is not an option too.. as they state
here.
@dansbanners
Well, now that I re-read it I believe you're right. It's still not 100% clear though..
They don't say that 4/1 are the requirements for members/advertisers to cashout.. they only say that that's how many sales get you above the cashout amount $100/$50 accordingly.
About my calculations.. I made a mistake in the amount we earn from $15 sales. $15 x 0.3 = $4.5 (instead of $5 which I by mistake state there - I corrected the post).
ALso regarding the advertisers / sales, I connected the terms keeping in mind that if a referral of ours becomes an advertiser, that means one sale for us. However a referral can make more than one sales.. so we don't necessarily need more than 1 referred advertiser.
So, to sum it all up corrected.. :
Let's say that a member buys the lower advertising package which is $15. Then he becomes advertiser for a year.
Then immediately he refers a member that also does the same (pays $15) but fails to refer any advertiser. So the site gets $30.
Now the first member will be displaying banners for a year and as an dvertiser he'll get $0.10 per day for displaying banners.
In 360 days he'll have accumulated $36,00 plus 30% of his sale to his referral which is $15*0.3=$4.5 so
$36 + $4.5 = $40.5 total earnings.
In order to reach the cashout he'll need at least
*4 sales
of the minimum $15 from his referred advertiser(s).
That equals to :
$36 + (4 x $4.5) = $54 in a year.And the site will have got :
5 x $15 = $75 during that year.So, the advertiser's pure profit will be : $54 - $15 = $39
while the site's pure profit will be $75 - $54 = $21
*Small Note :
3 x $15 sales will only get us exactly the minimum cashout requirement if we calculate a year as 365 days :
$36.5 + (3 x $4.5) = $50 ... oh and let's add the "active referral" bonus that we'll get.. $0.02.. so we get $50.02 and that's above the minimum requirement.
Funny thing.. is that "
the 'secret sauce' behind their payment algorithm" they were talking about?
So, in that special case the advertiser's pure profit will be :
$50.02 - $15 = $35.02While the site's pure profit will be :
(4 x $15) - $50.02 = $9.98