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payment delay

Started by saniphoto, March 17, 2010, 09:52

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Dreamframer

Join: SS FT DT 123RF

NitorPhoto

Just for the record: my payment has arrived today.

Eco

Same here. Payment received today (Moneybookers).

massman

Requested 17 March - Received 26 March - Paypal

Dreamframer

I'm still waiting. I'm gonna write to support.
Join: SS FT DT 123RF

Peter

Quote from: Eco on March 26, 2010, 13:11
Same here. Payment received today (Moneybookers).

when did you ask for payment?

madelaide

Requested yesterday through MB. Let's see.

bad to the bone

informed support at 27th (after 24 days waiting) , get paid 29th (moneybookers)....now pending - double amount than last time, maybe i should contact support just at same time as i request payout?

Dreamframer

I asked on march 8th. That's 21 days till now. I wrote to the support and they answered right away with an apology, and they said they are working hard on processing payments...
Join: SS FT DT 123RF

Eco

Quote from: Peter on March 29, 2010, 23:52
Quote from: Eco on March 26, 2010, 13:11
Same here. Payment received today (Moneybookers).

when did you ask for payment?

Requested payment 01/03. Waited 26 days and had to write to support twice.

muha

Waiting since 03.03, 27 days today. I stopped uploading and wrote them about it, I think fotolia is bankrupt..

Pixart

I wonder if something is going on, a sale perhaps (or yes, a bankruptcy).  If a company is going through the final stages of a sale or a restructuring or preparing to go public they often stop payments until the deal closes.  When they used to pay regularly, to go to taking a month or more, something must be going on....

My sales have tanked at FT - is it just me, or have they also stopped spending on marketing?

Peter

Haha.

FT is not in bankrupcy, they are doing business better than ever! They are just slow in payouts, thats all.

Dreamframer

#63
Peter, you've always doing good at Fotolia, so it's not strange that you still sell there. But after experiencing Yaymicro's immediate payment after clicking "payment" button I can't believe they just being "slow in payouts". 3-4 weeks is more than just "slow". They are manipulating something, or they have real problems. There is no other excuse for such slow payout. (Third reason could be that they don't give a dam about it because they are in position to do so, which I don't want to believe)
Also, I doubt anyone is doing "better than ever" these days in this economy. :)

Anyway, keeping other people money 25 days or more is a little bit out of the line, no matter what is the reason.
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madelaide

I don't believe they are having financial problems, they are probably just using another way to make money out of us (earning interests)

No Longer Cares

Yes, but just got paid today.  Now I get to submit my current credits and wait.

Dreamframer

I agree Adelaide. That's what I thought when I said "manipulation"
Join: SS FT DT 123RF

No Longer Cares

I looked at the "My Conversions" tab and it seems its been going on for a few months for me.  I get paid and submit another request right after (same day).  They all have been 2-3 weeks apart for me.

Dreamframer

I was paid today, finally, after 23 days.
Join: SS FT DT 123RF

Suljo

Finally Payed yesterday 29 days lag.

gostwyck

I was paid today after 1 day; previous payment (last week) took 7 days. I suspect it has more to do with where your account is administered from than anything else. Maybe there's a short-term staffing issue in some offices.

Judging by the way sales are soaring month after month at FT it is unlikely that they are going bust anytime soon and with today's interest rates (i.e. virtually zero) they won't have much incentive to hold on to your money either.

cathyslife

Quote from: gostwyck on March 31, 2010, 22:56
Judging by the way sales are soaring month after month at FT it is unlikely that they are going bust anytime soon and with today's interest rates (i.e. virtually zero) they won't have much incentive to hold on to your money either.

Just putting my two cents in, but I am not a contributor to Fotolia.

Just because sales are soaring, doesn't necessarily mean that a company is solvent. There are millions of people (including executives at companies) that spend WAY more than they make, and at some point, sometimes it catches up to them. Just a thought.
#boycottShutterstock   #shutterstockBoycott

MikLav

got my payment as usual without problems. Was waiting approx 1.5 weeks

RacePhoto

Quote from: cclapper on March 31, 2010, 23:17
Quote from: gostwyck on March 31, 2010, 22:56
Judging by the way sales are soaring month after month at FT it is unlikely that they are going bust anytime soon and with today's interest rates (i.e. virtually zero) they won't have much incentive to hold on to your money either.

Just putting my two cents in, but I am not a contributor to Fotolia.

Just because sales are soaring, doesn't necessarily mean that a company is solvent. There are millions of people (including executives at companies) that spend WAY more than they make, and at some point, sometimes it catches up to them. Just a thought.

And no one here every heard of a pyramid or Ponzi scheme, where the later investors pay off the earlier ones, until the whole thing collapses. Sales now pay for last months sales commissions, while the executives take their pay, and "profits" cover the business expenses. Eventually, there's no money left when growth levels off and the new sales can't pay for the cost of the old sales. The pyramid falls and that's the end. People up top made a profit, the business is gone, late arrivals get stiffed.

Just a business theory, not specific to FT.

gostwyck

Quote from: RacePhoto on March 31, 2010, 23:27

And no one here every heard of a pyramid or Ponzi scheme, where the later investors pay off the earlier ones, until the whole thing collapses. Sales now pay for last months sales commissions, while the executives take their pay, and "profits" cover the business expenses. Eventually, there's no money left when growth levels off and the new sales can't pay for the cost of the old sales. The pyramid falls and that's the end. People up top made a profit, the business is gone, late arrivals get stiffed.

Just a business theory, not specific to FT.
Oh grow up and don't be so ridiculous with your conspiracy theories. There is a product being sold here, it is being marketed and sold by the agency themselves, the contributors are not having to stump up cash to either join or buy product to sell on and the majority of reward comes from producing good content not from encouraging others to join. It bears as much relationship to a ponzi/pyramid scheme as it does to a polar bear or a plate of potatoes. Drivel like that belongs on the SS forum not here.