We already processed some of the payments, but now we are waiting for our exchanger to send us more funds as now we have more Webmoney payments to process.
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Added after 3 Hours 54 minutes:
As you know, we recently had problems with PayPal who have said they will not work with us because we were a file hosting site. We tried opening a new PayPal account but were restricted to only 5 payments so that will not work since we have so many payment to make each day. Because of this we are forced into a few changes.
1) We are asking all of our members to find alternative method of accepting payments – We are still working with PerfectMoney, Payza and Webmoney.
2) We have been forced to stop using PayPal for premium accounts and are now relying on reseller revenue which is a lot less for us. We have already looked into finding our own merchant processor for credit cards but the fees are very high. Because of this we have to reduce our payouts a little (T1: $12, T2: $8, T3: $3.50 and rest of world $1)
TO MAKE UP FOR THE RATE CHANGES: We are also announcing that we are now going to be making payments at a maximum of SEVEN DAYS instead of the old 14 day maximum.
In addition to the rate changes above WE ARE PLEASED TO ANNOUNCE that we have installed and tested FTP UPLOADS and that FTP is now available to all members. Simply FTP to ftp.kingfiles.net with your userid and password and upload files – It take between 3 to 5 minutes for the files to appear on your list.
However, since we are now expecting a ton of extra files we will need to change our policy for deleting files – The change will not affect many people since we are going to simply delete files that have not been downloaded for 45 days or more.
The above changes will ensure that kingfiles remains in business for a long time to come and continues to be one of the best file hosts around.
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Added after 3 Hours 54 minutes:
As you know, we recently had problems with PayPal who have said they will not work with us because we were a file hosting site. We tried opening a new PayPal account but were restricted to only 5 payments so that will not work since we have so many payment to make each day. Because of this we are forced into a few changes.
1) We are asking all of our members to find alternative method of accepting payments – We are still working with PerfectMoney, Payza and Webmoney.
2) We have been forced to stop using PayPal for premium accounts and are now relying on reseller revenue which is a lot less for us. We have already looked into finding our own merchant processor for credit cards but the fees are very high. Because of this we have to reduce our payouts a little (T1: $12, T2: $8, T3: $3.50 and rest of world $1)
TO MAKE UP FOR THE RATE CHANGES: We are also announcing that we are now going to be making payments at a maximum of SEVEN DAYS instead of the old 14 day maximum.
In addition to the rate changes above WE ARE PLEASED TO ANNOUNCE that we have installed and tested FTP UPLOADS and that FTP is now available to all members. Simply FTP to ftp.kingfiles.net with your userid and password and upload files – It take between 3 to 5 minutes for the files to appear on your list.
However, since we are now expecting a ton of extra files we will need to change our policy for deleting files – The change will not affect many people since we are going to simply delete files that have not been downloaded for 45 days or more.
The above changes will ensure that kingfiles remains in business for a long time to come and continues to be one of the best file hosts around.
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that's too bad!!!, but hey we're going to do. :facepalm:
