Important changes in the payment system for advertisers and publishers alike (10.12.2013)
We will talk about 3 major changes in our system:

1. The way we receive and send money by Paypal from now on
2. The possibility of receiving and sending money by Bank wire transfers
3. Removal of Western Union and Moneybookers from our payment forms

So, let's start:

1. The way we receive and send money by Paypal from now on

After a few weeks of minor problems with Paypal.com, we have decided to take our payment system a step further and use Paypal's services less in a brave attempt from our part to lower our costs with the Paypal fees and diminish the probability of having issues with this payment processor.

We have managed to implement a system where any advertiser is able to directly pay publishers and automatically get funds in his GTBurst.com advertising account. This is like the usual deposit form of depositing funds into the GTBurst.com advertising account that we had since we started our activity.

The issue appears on the publisher's side where Paypal payments will have significant delays from now on. (we estimate that payments above 1000$ will be done in less than 3-4 days and payments lower than 100$ will be made in less than 2 days. The maximum waiting time is 10 days!).

We encourage all advertisers that want to deposit funds using Paypal to use all available packages displayed in https://www.gtburst.com/advertiser.php?action=advertiser_funds_order (it works only after you are logged in) . In this way, all publishers will be able to receive payments faster.

Besides the bad news about the delayed payments, publishers have a reason to be happy. A BIG reason! Well established and loyal publishers will actually receive money in advance. What does this mean? Well, if at one moment you have 300$ in your publisher account and you want a payment, you might actually receive 500$ in your Paypal account. After the payment is processed, your account will show -200$ and this amount will get back to the positive side after you earn more money with your traffic.

2. The possibility of receiving and sending money by Bank wire transfers

We have decided to start receiving money from advertisers and send money to publishers using our Bank account.

If you are an advertiser and you want to deposit money by wire transfers from now on, please contact us to present you the details about this type of operations.

If you are a publisher and you want to receive money by wire transfer, contact us.

3. Removal of Western Union and Moneybookers from our payment forms

It seems that advertisers prefer Paypal and Bank wire transfers so trying to pay publishers by WU or MB has become way too costly for us. That's why, from January 2014 we will be suspending the payments by these means. If you are a publisher that is receiving money by WU or MB, contact us to discuss about a better solution for your needs and for our plans.

We hope that in this way we will be able to cut a lot from the monthly expenses and these savings will surely be visible in the publisher's increased revenue and in the advertiser's cheaper campaigns.

If you have questions or suggestion, please feel free to e-mail us at admin@gtburst.com

The GTBurst.com team!