I just wanted to let you know about some new affiliate policy changes that will be put into effect today…
With $2.2 Million in affiliate commission paid out just last year alone, the success of the affiliate system has gotten so large, that these new updates have been put in place to help keep our books organized, and in line with IRS best practices…
So starting TODAY, the following will take effect:
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1: Commissions to affiliates inside the US will be mailed by check only. PayPal and AlertPay will no longer be an option for US based affiliates.
Checks will be mailed to the address located under the “My Account” tab, and “Personal Information”. Please login and make sure this is your correct mailing address.
Login: www.MyMagneticOffice.com
International affiliates outside the US will continue to receive their commissions via PayPal and AlertPay as normal.
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2: US Affiliates MUST have a SSN/Tax ID number on file immediately. All further commission payments will be withheld until your account is updated with this tax information.
Please login and click on the “My Account” tab, and then “Payment Information” to update your SS# or Tax ID.
If you fail to provide an SS# or Tax ID within 90 days, all pending commissions will be forfeited.
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3: Commissions balances under $20.00 will not be paid, until the balance reaches $20.00. Commissions owed of $20.00 or more, will be paid normally.
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So that’s it! Make sure you login and update your payment/address/tax information if you’re a US resident immediately, so you’re commissions will be paid on time July 1st.
