We have been expecting this as many have already experienced this in our industry for the past few years. Paypal has decided that it no longer wants to conduct business with marketing firms such as ours.
Understand, this is not a poor reflection of our quality and service but a business decision by a major payment processor.
Will this impact our site and our ability to conduct business online? No, we have anticipated the impact of this and have made changes to prepare for it. SOTAM and BoB will continue with other options.
Regarding Commission Payments:
We already have Zelle, TransferWise, Uphold and Bitcoin as a method to receive payments. If you currently have Paypal as a method to receive commissions, please go in the >> My Account<< area of the navigation menu with the drop down menu >> Edit Details << and update which method you prefer to receive payments. For BoB members, this area will be the >> Account Settings << area.
Regarding Upgrade Options:
All current upgrade options will be honored, and when it comes time to renew, you will see a “Renewal Page” with current options to stay upgraded via CoinPayments or Stripe at a 15% discount versus the prior price you paid with Paypal.
Additional Upgrade Options via Renewal Page:
As stated above, all upgrades will be honored, and as your subscriptions come due, you will see a “Renewal Page” that will allow you to upgrade again via CoinPayments or Stripe at a 15% discount versus prior price you paid with Paypal. We will be adding Zelle, TransferWise, and Uphold to that “Renewal Page” and the “One-Time Offer” shortly thereafter. We are already in the process of adding PaySimple as and will let you know when that is ready.
As with most things, change happens and it is incumbent upon us to adapt to them as they happen.
We will adapt and become stronger as a result.
For those with current subscriptions via Paypal, I will be contacting you via your Paypal email with individual instructions on what to expect as your subscriptions come due. No worries about your current upgrade period, it will be honored.
As always, your membership and participation is appreciated.
P.S. If you have any questions or concerns, you can reach me via support ticket or phone at 561-350-6519 (US only please).. or Skype: bradwebbtab (International and US)