Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Internet Gambling > Internet Gambling
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 03-31-2005, 07:53 PM
Timer Timer is offline
Senior Member
 
Join Date: Dec 2002
Posts: 128
Default Who Pays the Neteller Fees--You or Your Affiliate?

If your affiliate transfers money into your Neteller account who pays the fees? You or the affiliate? If you have to pay them, is that figured into your percentage of rakeback?

So in other words, if you have a 20% rakeback deal it amounts to only 18% if you have to pay the Neteller fees. So when your affiliate says you're getting 20%, is that 20% net including the fees, or is it 18% net after the fees?
Reply With Quote
  #2  
Old 03-31-2005, 07:56 PM
IggyWH IggyWH is offline
Senior Member
 
Join Date: Sep 2004
Location: Pittsburgh - FIESTA BOWL BITCHES!
Posts: 317
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

Questions like this is why you should have your affiliates contact info and ask them...

When someone sends you money on Neteller, you pay the fees when you accept the payment.
Reply With Quote
  #3  
Old 03-31-2005, 08:11 PM
Redmen62 Redmen62 is offline
Member
 
Join Date: Aug 2003
Location: Saskatoon, Canada
Posts: 67
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

First of all, it's a little over 19.6% you're getting if you have a 20% deal and you pay the fees. Not worth worrying about IMO.
Reply With Quote
  #4  
Old 03-31-2005, 08:18 PM
sourbeaver sourbeaver is offline
Senior Member
 
Join Date: Sep 2004
Location: Canada
Posts: 164
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

My affiliate pays the juice.
And I expect him to.
Reply With Quote
  #5  
Old 03-31-2005, 08:57 PM
mj2 mj2 is offline
Member
 
Join Date: Oct 2004
Posts: 54
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

does anyone choose to have a check sent? neteller is obviously more convenient but is it worth $20-$40 every month?
Reply With Quote
  #6  
Old 03-31-2005, 09:05 PM
sourbeaver sourbeaver is offline
Senior Member
 
Join Date: Sep 2004
Location: Canada
Posts: 164
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

[ QUOTE ]
neteller is obviously more convenient but is it worth $20-$40 every month?

[/ QUOTE ]

If you're paying 20-40$ for Neteller every month, something's wrong, very wrong.
Reply With Quote
  #7  
Old 03-31-2005, 09:16 PM
Redmen62 Redmen62 is offline
Member
 
Join Date: Aug 2003
Location: Saskatoon, Canada
Posts: 67
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

[ QUOTE ]
[ QUOTE ]
neteller is obviously more convenient but is it worth $20-$40 every month?

[/ QUOTE ]

If you're paying 20-40$ for Neteller every month, something's wrong, very wrong.

[/ QUOTE ]

My rakeback isn't close to 2k, but I easily pay neteller $40+ most months.
Reply With Quote
  #8  
Old 03-31-2005, 09:31 PM
moondogg moondogg is offline
Senior Member
 
Join Date: Oct 2003
Posts: 145
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
neteller is obviously more convenient but is it worth $20-$40 every month?

[/ QUOTE ]

If you're paying 20-40$ for Neteller every month, something's wrong, very wrong.

[/ QUOTE ]

My rakeback isn't close to 2k, but I easily pay neteller $40+ most months.

[/ QUOTE ]


??????

The fee for a Neteller transfer is 1.9%. In order to pay $40 in fees, you have to have a transfer of more than $2105. What am I missing?
Reply With Quote
  #9  
Old 03-31-2005, 09:38 PM
sfwusc sfwusc is offline
Senior Member
 
Join Date: Oct 2004
Location: Moving out of the kiddie Pool
Posts: 742
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

Moon what is up with your location.

RI cops are all gay?

SFWUSC
Reply With Quote
  #10  
Old 03-31-2005, 10:42 PM
Redmen62 Redmen62 is offline
Member
 
Join Date: Aug 2003
Location: Saskatoon, Canada
Posts: 67
Default Re: Who Pays the Neteller Fees--You or Your Affiliate?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


If you're paying 20-40$ for Neteller every month, something's wrong, very wrong.

[/ QUOTE ]

My rakeback isn't close to 2k, but I easily pay neteller $40+ most months.

[/ QUOTE ]


??????

The fee for a Neteller transfer is 1.9%. In order to pay $40 in fees, you have to have a transfer of more than $2105. What am I missing?

[/ QUOTE ]

Neteller also takes 1.9% on Canadian exchange, so whenever I withdraw money from my neteller account, which is in US funds, to my Canadian bank account, I pay 1.9% over and above actual exchange. So for any month that I withdraw/get rakeback transfer over $2000 combined, I pay more than $40 to neteller for the privilege.

I remember when I was going to sign up for neteller back in the day, I wasn't sure I trusted them because they were "free". Well, for many users, they're not free, but may cost hundreds or thousands of dollars per year.

Last year, neteller sent out e-mails trumpeting that they were now allowing accounts in other currencies, including Canadian dollars. I switched my account over, thinking that now I could avoid the exchange fees associated with withdrawing. Long story short, this was immediately prior to the golden age of casino whoring, and when I went back a month or two later, I realized I had paid around $300 to neteller in exchange juice.

I'm not saying don't use neteller, (I'm still using it, after all), I'm just saying they make a lot of money who still think their neteller account is free.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 09:06 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.