Wednesday, June 4

Can fast payments kill the program?

Hello everyone,

Every investor likes when program is paying fast, even better if it pays instantly! Who would not like to get the money right after the withdrawal request? Programs what can provide such payments is amazing, but this is not that good if sometimes there is some longer delay from the usual time-frame where investors usually receives the payments, such delays can seriously harm the program.

Fast payments of course is very nice thing and I must agree that I prefer fast or instant payments more then the "slow" ones. In our industry there is one "unwritten law" - you must give 24 hours for the admin to complete your pending withdrawal what most likely like a payment will arrive into your e-currency account. If payment has been pending longer then usual and you get paid remember to check your e-currency account if you really have received the money.

Recently around we have seen projects what did not had instant payments, but admin was processing them manually very fast. Usually payments in these programs were completed within one hour and surely admin with this speed attracted a lot of investors. Thing what you must understand - admin is a human, not a robot what does not get tired, admin can sometimes process payments slower then usual. I remember one particular case where payments were delayed by more then 7 hours. People expected that they will be paid as fast as usual and started panic on the forums. Yes, everyone received all the payments after 7 hours, but reputation of the program was clearly damaged and there was no real way back.

It was true fault of the admin - he made people think that all the payments will be processed fast and in such case he just can't stop because then project will just go down and this is exactly what happened in that particular case.

On the other hand project like FinMutual what is online more then 300 days is processing payments very slow. Quite often withdrawal requests from Thursday and Friday is processed on Monday, in this case investors does not mind about that. No one is making chaos anywhere because everyone knows that payments will be processed later. Of course everyone knows that they will be processed only till the day when the project will go down.

How to act is you are waiting for your payment longer then usual?

First of all do not make chaos on the public forums and public chat boxes. Such panic will just "produce" one more reason for admin to run away. I suggest to send a message via contact form or private e-mail to the admin. In case if you do not have e-mail of the admin, but program is monitored by DavidNews.com you can privately ask me the email and I will provide it for you. Secondly - give an admin chance to process your payout in 24 hour time-frame. If only then it does not happen make public posts. In the case if payment is delayed it instantly does not mean that admin will scam soon - there can be countless other reasons behind the delay.

In case if you have published something negative on the forums or chatbox and you receive the payment remember to post that problem is solved. Remember that positing comment that problem is solved is more important then making chaos because other people does not know that you got paid and will continue the chaos.


In the end I want to say that if you want to earn from this industry then you must be more or less friendly also with admins because mostly from them depends our profit.

David
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3 comments:

  1. Great article David and totally agree. Unfortunately some people will
    never learn and indeed, admins are the ones that set the game rules with
    those fast payments. Eventually when he gets tired and he will
    definetly get atleast a 6-8h of sleep people will start panicking just
    because they were accustomed with the fast style from the very begining. If payments will usually going to be paid in batches every few hours like we have already seen on some admins people will get used to this stile. I hope some of the investors will eventually learn that if payments are paid manual but fast that doesn't mean it's going to be like that 24/24 because a human is the one which pays those withdrawals.

    ReplyDelete
  2. Thanks for appreciation, actually thanks also to you since I have seen you "teaching" other players on the chat box'es that they need to wait ;)

    ReplyDelete

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