Posted Tue Dec 11, 2012 9:21AM
Weren't Istockphoto supposed to pay all fees on money transactions? Moneybookers recently shamelessly upped their fees, it's ridiculous. I thought Istockphoto would handle that, just like it used to be in the past. Moneybookers literally cut almost 10% off my entire income on fees & conversions!! This is REALLY too much for me too handle!
Posted Tue Dec 11, 2012 12:13PM
Okay, so I did the math and calculated how much MB took from me. It's 8% with all fees & conversions. They have changed the way they treat customers. Here's what marauders say:
"We define as “commercial” every user, offering any kind of services or products for any fee, rate, charge, commission or other consideration that generates income, either directly (through their own web site) or indirectly (through auction sites, classified ads, freelancing sites, or other 3rd party sources) in connection with any activities intended for profit."
Basically, it's a ripoff, theft, you name it.
I'm wondering how are paypal contributors doing? Did PP change anything recently?
Sadly, PP is not an option for me, so I was considering reactivating my Payoneer account. I went on their site, but istockphoto debit cards disappeared from the list!? Are they still working together? Is istockphoto still paying the transfer fees for Payoneer? Thanks.
Posted Tue Dec 11, 2012 12:22PM
The bloodsuckers at Paypal only steal 2,5% on the exchange rate. You can't see what you're actually paying since it's included in the exchange rate to give you the impression that you can exchange money free of charge, but you can find the actual fee in the fineprint somewhere on their confusing website. It's 2,5% here in Sweden at the moment as far as I know. May be slightly different in other parts of the world. As a contributor there are no other fees than that.
Posted Wed Dec 12, 2012 9:31AM
Thanks Cajoer! Well, 2,5% is nothing compared to 8% of MoneyTakers (Shill). But again, why would anyone take even 1% of your hard earned income? Too bad istock doesn't send the money to Bank accounts directly.
Posted Thu Dec 13, 2012 2:07PM
Paypal adds 2.5% on THEIR rate. Don't let that fool youl The final rate is around 4% - I have mentioned this many many times.
I really hope istock starts to listen one day
Posted Thu Dec 13, 2012 6:05PM
Thanks 4FR. Currently, Payoneer is the only option for me. I remember they had "their" rates as well, but nowhere near 4-8%.
I guess I can only warn other MoneyBookers istockers - DO NOT use them for istock, they'll take 8% of your income on fees & conversions! Don't deal with the thieves.
Posted Thu Dec 13, 2012 6:23PM
Alright. So I suspect I can lock this love fest down now. See you elsewhere, folks.