News:Changes in Payza cashouts for Neobux

New Payza withdrawal fees

Quoting the Neobux Admin:

Our philosophy is to keep looking for ways to make our paid services less expensive without passing the cost to someone else like many others do. AdPrize is a perfect example about the excellent results this concept can bring. Another part of this concept is our constant effort to figure out all the possible ways to minimize the fees of the third party services our users use and I’m pleased to present today the results of our effort.

The past:
Until now all the users who were receiving payments in their Payza account had to pay 2.5%+ $0.25 per transaction except for the owners of a Personal Starter Payza account who could receive money for free.

The problem:
Our wish was to minimize the fee for the owners of a Payza Personal Pro or Business account, but without affecting those users with a Payza Starter account who could receive money for free.

The solution in 2 parts:

• Users with a Personal Starter Payza account who will ask for a cashout up to $160 in value will pay no fees at all (same as before).
  

• Users with a Personal Pro or Business account will pay always 2.5% + $0.25 fixed fee for amounts less than $160 (same as before), but for amounts equal or higher than that there will be a $4 fixed fee regardless of the amount. For example, instead of paying around $25 for a $1000 cashout you'll only pay $4.
  

For withdrawals under $160 for Payza Personal Pro or Business accounts the fee will be paid directly on your Payza account as before. For requests with an amount equal or higher than $160 the fee will be deducted directly here the same way it's done with the other two payment processors.

We would like to thank Payza not only for the excellent and reliable service they always provided but also for making this a reality that will benefit our mutual users.

Improving our members' satisfaction is very important and we will keep working for it.
Enjoy!

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What does this mean?

Whenever you make a cashout from Neobux, Payza charges a fee.

• Previously the Payza fees were:
  

     Personal Starter: Receive funds free.
     Business / Personal Pro: 2.50 % + $0.25 USD fee.

     Examples:
     • $100 cashout to a Personal Starter Account: 0% fee = $0.00
     • $100 cashout to a Business / Personal Pro Account: 2.50 % + $0.25 USD fee = $2.75
     • $400 cashout to a Personal Starter Account: 0% fee = $0.00 (Personal Starter Accounts have a receive limit of $400/month)
     • $400 cashout to a Business / Personal Pro Account: 2.50 % + $0.25 USD fee = $10.25

• The new Payza fee structure:
  

     For cashouts below $160:
     • Personal Starter: Receive funds free.
     • Business / Personal Pro: 2.50 % + $0.25 USD fee.

     For cashouts of $160 and above:
     • $4.00 fixed fee.

     Examples:
     • $100 cashout to a Personal Starter Account: 0% fee = $0.00
     • $100 cashout to a Business / Personal Pro Account: 2.50 % + $0.25 USD fee = $2.75
     • $400 cashout to a Personal Starter Account: $4.00 (Personal Starter Accounts have a receive limit of $400/month)
     • $400 cashout to a Business / Personal Pro Account: $4.00

References

News about Neobux : New fee for Payza withdrawals