There were some developments on the payment front this weekend that we have to address immediately. First of all, due to a rash of recent fraud, we’ll be removing PayPal from our list of available payment methods effective immediately. This is obviously frustrating for everyone considering we just added it, but in order to keep our site great, we have to protect the integrity of our advertisers and their offers.
Receiving a payment by PayPal instead of by check makes it more tempting for thieves to target our site when using stole credit cards and other people’s indentities. Clearly we cannot tolerate this sort of thing in any form–it’s not good for our advertisers or our members.
With that said, we’re looking into other, safer options for making payments more convienent for our users. We’ll be offering Direct Deposit as a starting point for our members who have been with us for a while and are Silver rank and above. No fees and no wait, the money will make it to your checking account same day.
We’ll follow up on that soon with an official announcement and information how to get Direct Deposit setup with us and any other updates. Our goal is, and has always been, to make our program as great as possible for our users and our advertisers. Making these necessary adjustments ensures that we’ll keep good relations with our advertisers, which means we’ll be able to keep a lot of great offers around long-term.
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