Wednesday, July 30, 2008

AdBux Under NEW Management!

(The following is from the AdBux site.)

Greetings:

My name is Paul and I am the new COO of AdBux. First, my apologies to ALL members who have waited patiently, as our new management team works in all areas of the site to institute changes, which were needed to keep up with the fast growth of AdBux. I assure each and every member that we are working diligently (seven days a week) to bring AdBux back to the forefront of the PTC industry.

I’m sure many have noticed the daily changes to our homepage, which is now updated with news and daily offer updates. The annoying blinking banner for lotto has been removed. Quite frankly, it was giving me a headache every time I landed on the page so, if it was annoying me, I’m sure it was annoying our users.

You may also have noticed that offers have been updated daily and while they don’t ALL offer 2 or 3 points, they do offer ease of use. In other words, you’ll earn 0.30 points to complete an offer, which may only requires an email address, as opposed to a long registration form. Complete enough offers on a daily basis and you could be redeeming 25 points each and every month.

What does a point equal? 1.00 equals ONE DOLLAR, if an offer generates 0.30 then the user has earned 30 cents, if an offer generates 0.50 then the user has earned 50 cents. If an ad generates 0.005 then the user has earned 1/2 a penny. While ads offer an a quick and easy way to earn points, OFFERS generate the highest point redemption available - in the shortest period of time.

What I won’t do is throw out examples of generating thousands of dollars per month, sitting at your computer by just surfing ads and completing a few offers. Yes, we have many Premium Members who do this for a living and their monthly point redemption requests exceed $300.00+ per month, however, for those users who have a full time job, the reality is perhaps $25.00 per month (or more) depending as to how much free time you have on your hands. Do want to generate enough points to pay for a tank of gas in 30 days or, do you want pay a car payment? It’s up to you.

This brings me to the subject of payment requests. As many may know, we opened up the payment request gateway a few weeks ago and finally completed auditing those accounts and those redemption requests are now completed. We will re-open the payment gateway on Monday and request that you submit your payment request for processing if it is in excess of 25 points.

The new auditing and anti-fraud security measures (put into place during the past few weeks) will ensure that AdBux remains a fraud-free environment. In fact, our new security measures will streamline the outgoing payment requests for our users.

Let’s talk about the changes at AdBux. When new ownership takes over a site as large as AdBux, it’s necessary to study every area of the site and improve those areas that need improvement. Please review the following changes to AdBux (and proposed changes) to take affect within the next few weeks:

a. AdBux Offers- We have a team dedicated to scouring NEW offers and we are reviewing each Offer to ensure it’s in compliance. In other words, if an OFFER states it is a FREE Offer but, may not be, we’ll remove that offer or add a disclosure in within its description. A sponsor can change an Offer mid-stream and as such, what was once a FREE Offer may now have a few extra hoops to jump through. We ask that all AdBux members also assist us in policing site-wide offers. If you come upon an offer which is not FREE - send us an email at support@adbux.org and we’ll remove it - if it’s not in compliance with our site guidelines and/or add an updated disclosure.

New members are now required to complete at least two offers per month. This has been put into affect, as if an established AdBux member is buying referrals, we want to ensure that those referrals will be active and have value to the established AdBux member. No doubt, we are also seeking to add offers for ALL countries. If you are a NEW AdBux member and do not have offers available in your country of origin, you are exempt from the 14-day requirement of completing one FREE offer. However, if an offer is available in your country of origin, you are required to complete at least two offers per month.

Points for completed offers are updated every 48-72 hours. If you do not immediatelysee credit for points deposited into your account (for offers you’ve completed) don’t be alarmed, as we have to manually upload the prior day’s accounting into AdBux. Once we upload the data into AdBux, it is carried over into your account within 48 to 72 hours.

b. Advertising other Bux Type sites on AdBux- As many members will notice, there is a counter on our homepage, which states how many new members sign-up each and every day on AdBux. As such, those promoting bux type sites have been flagged due to the simple fact that our security team has uncovered that the submitted ads are timed (daily) in relation to the number of new member sign-ups displaying on the AdBux homepage.

In other words, new and established AdBux members are being re-directed to other bux sites, which may NOT be legitimate sites. We are not in the business of promoting fraudulent bux sites and ads to promote such sites will no longer be approved.

No doubt, other bux sites are trying to gain market share and as such, they may post duplicate offers they’ve found on AdBux. While imitation is considered a form of flattery, I’m not flattered by those in this industry, who play back room games in foreign countries, counting their cash. This is why I will NOT allow bux sites to advertise on AdBux. If you’re an AdBux member and have joined our site to advertise other bux type sites, please, leave, as we’ll never approve your advertisement.

c. Payment Methods- To use PayPal or not to use PayPal - that is the question! PayPal is now accepting PTC sites again, however, how long will it last? Before taking over the reigns at AdBux, funds were frozen by PayPal and could not be accessed. What happened in this case is that members waited months for payment.

However, this being said, we may opt to send payments via PayPal but, may not accept incoming payments from members for referrals, leads and ads through PayPal. We’ll keep all members updated as to if we will use PayPal for point redemption payment requests. We may test this process within the next seven days.

We use Alert Pay and will (in some cases) require new members and even established members to confirm their identity. Remember, we have to ensure that every payment that is processed is actually being received by a real person.

During our audit we discovered users who abused the system. In one case, we found a user who resides in Hungary, who thought it was fun to try and “bux” the system. Our new auditing and fraud prevention procedures stopped him in his tracksand he was none to happy. This is my point. I am transforming AdBux into the ONLY trusted PTC site on the net. Yes, it will take time (not months - weeks) to complete this task and I have a full team of dedicated professionals working around the clock to get the task completed.

I will add more updates to this blog entry and I invite all members to leave comments on this entry for review. We are open to any and all suggestions to make AdBux the greatest PTC site on the web!

Thank You,
Paul
COO/AdBux

Sunday, July 13, 2008

Important Notice Concerning Referral and Ad Payments..

For NEW Members…We are receiving email notifications from NEW members who are concerned that AdBux has not yet processed their order for referrals and/or ads. We do not send a payment request via email to request payment.

Members must process payment at the time of placing their order…

Members must process payment at time of check-out for an order to be deemed completed and processed. We will remove ad and referral orders within 24 hours of non-receipt of payment in order to release ad space and referrals to Premium Members waiting in the queue. Non-payment of ads and referrals will result in termination of account, as per AdBux Terms of Service. Accounts, which are temporarily suspended, will be re-activated upon receipt of payment.

If you have not yet paid for your referrals (or ad space), please, login to your account and process payment through AlertPay. Next week, we’ll be launching our Pay Bux Rewards X-Change (stateside merchant processing account), which will streamline the check-out process. In the meantime, please, use AlertPay to process your payment.

If you’re having problems processing payments, please, send an email to Support@AdBux.org

Thank You!
The AdBux Team