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Boy this slow pay problem with MGS operators is really getting out of hand this month. I have so many commission payments due it isnt funny.
The bill collectors could care less about excuses and the damned casinos know they are strangling affiliates when they dont pay us on time. This sucks!
I am so annoyed I think I am going to take the rest of the day off. Whats the use of working if you dont get paid?
I agree
We need to get ASP out there to ALL programs. I am going to ask Brightshare about it today but would LOVE to know what programs are currently applying for inclusion.We have 12 programs in for approval. That’s the good news.
Additional good news is once they are approved payments will be instantaneous and simple.
The bad news is the merchant application process and red tape on the casino end is mind numbing.
Unlike US Banks, setting up a commercial account in an EU regulated bank takes an act of Parliment. So much paper work is required and it is scrutinized by bank examiners so closely that it takes weeks to get a casino group through the system.
The other issue is the casino groups themselves. Even though the affiliate managers are eager to pay affiliates, senior management places a much lower priority on it then anyone would like. They are not against adding new payment options per se, but they really arent motivated to make an effort to get it done quickly. As a result we have another 20 or so programs who are waiting for management or accounting to approve the proposals and then complete the needed paperwork.
The best thing we can do is just keep hounding them. It will happen over time. I just hope some of us dont starve first while we are waiting for our monies.
FYI here is an email that just came in from ASP. It gives you an idea of what goes on…
Quote:Hi guys,I just wanted to update you on the meeting that we had today with XXXXXXX XXXXX.
The timing was opportune since they are planning to change their entire way they pay their Affiliates and are looking to move away from paying via the XXXXX cashier and pay them directly. The commented that player payment tools were being “bastardised” for use with Affiliates and that they were not ideal in terms of getting funds to Affiliates.
They were very complementary about ASP so much so that by the end of the meeting they were talking to us seriously about using ASP for all their Affiliate payments worldwide and even making the ASP application page mandatory at their Affiliate signup stage. (Again this is proof that the product has real benefits not just in the US.)
The only bit of bad news is that they are not looking to move away from XXXXX until 6 months time. We asked them about the possibility of integrating ASP first on XXXX and they were not keen on that since they said it would be a big issue for them in terms of technical and also it would confuse the message when they launch with us.
Anyway a very positive meeting and we will be following up with them next week.
Thanks
LxxxxxxxA few weeks ago Marcia told me that Brightshare wasn’t going to offer ASP. Why the hell not, is beyond me. Probably because it prevents affiliates from spending the money at the casino — I suspect they’d rather pay out to a wallet that can be used to turn right around and dump the money back into the casino. Only speculating here…
Roxy’s suggestion that we all get offshore accounts is ridiculous. ASP is right there, in front of their face, being talked about left and right, and WTF do they suggest? “Set up an offshore bank account?” I love Nicole, but goddamn, the financial people at Roxy must be complete idiots.
I actually have been paid by five of the seven the MGS that owe me money this month. The two exceptions are Prime Partners and Vegas Affiliates. Kamiel (new VA aff manager) says my check is on the way, and that if I’d like, he could cancel the check and pay me via QT instead. I’ll wait a few more days for the check; it does take a while to arrive from the UK. Haven’t heard from Josh at Prime as to why my check from them hasn’t arrived yet.
I’ve already been paid by CPS, Brightshare, Rewards, Intertops, and G3 Partner. I work a few others also (Roxy and WagerShare), but I’m below the minimum payout amount this month.
Unlike US Banks, setting up a commercial account in an EU regulated bank takes an act of Parliment. So much paper work is required and it is scrutinized by bank examiners so closely that it takes weeks to get a casino group through the system.
Or months. Commercial accounts in EURO banks are the epidemy of red tape and bureaucracy. They have to keep a whole book full of signed papers for each client. And many won’t allow signatures sent over the internet, you have to snail mail or messenger them, real signatures on real paper.
Microgaming owns ProcCyber so every dollar that flows through that system generates a profit for them. They would really prefer to monopolize all payment solutions and bend over backwards encouraging their operators to toe the party line.
Quick Tender is a ProcCyber white label solution of EcoCard (which they have an interest in) and they are really trying to push this down everyone’s throats so they can again maximize their profits.
They would rather collect the fees from their operators then see them go to an outside interest like ASP.
So its greed rather then anything else that is keeping a lot of the MGS operators on the sidelines when it comes to ASP.
Very enlightening. :wow:
Commercial accounts in EURO banks are the epidemy of red tape and bureaucracy. They have to keep a whole book full of signed papers for each client. And many won’t allow signatures sent over the internet, you have to snail mail or messenger them, real signatures on real paper.
tell me about it to get the corporate payspark I was about to give blood, then all this test key and secret codes crap its all a damn pain in the ass!
Yeah, I was about to get a Payspark / CSC24seven account too, until they started asking for a million different documents. I also had to sign a paper indicating that I wouldn’t use the account to accept money from gaming companies that do business in the USA. I signed that and sent it along, but after I did that, they started asking for the other documents. I thought, “wait a minute… if I’m going to jump through so many hoops, why don’t I just set up an offshore account on my own? At least then I could receive wires from whoever I want.” So I told Payspark I was no longer interested in the account.
For now, I’m waiting to see what happens with ASP. I’m also wondering how long QuickTender will last.
I’m still kind of interested in setting up an offshore account, but I do not want to spend thousands of dollars setting it up and maintaining it.
The banks are really wacky overseas. They COMPARE each and every signature on every doc and if one doesnt look EXACTLY like the others they kick back that Doc and want it resigned and notarized.
They also require articles of incorporation and other docs that a lot of operators arent terribly thrilled about sending in.
America aint perfect by a long shot but its a HELL of lot easier to do business here.
Acessing your account online is fun too – they sent me a little calculator like gismo.
After I login to the banking site, I have to type some characters they display into my (password protected) gismo which then responds with a different set that then I have to type into the site. Takes a while to login.
To receive that gismo and online access is almost as time consuming and requires as much paperwork as the account itself. And once I had that in place, I was able to look at it and drool but couldn’t withdraw online, I needed to go through the whole song and dance all over again to be able to manage the account.
