CDR Update and New Payment Status Dashboard Panel

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CDR Update and New Payment Status Dashboard Panel Posted: 01 Jul 2013 12:59 PM PDT ClickBank is excited to announce that meeting our Customer Distribution Requirement (CDR) just got easier! Not only have we updated the CDR policy to include several new payment methods but we've also added a Payment Status Dashboard Panel to each ClickBank account. "As part of our ongoing commitment to pay our clients the money they've worked hard to earn, making changes to the CDR policy was a necessity" said Glenn Michael, Chief Financial Officer of ClickBank. ClickBank's updated CDR policy now states that ClickBank will withhold payment of any balance until an account shows a minimum of 5 sales using at least two of the following payment methods: American Express Carte Bleue Diners Club Discover ELV (European Direct Debit) JCB Maestro MasterCard PayPal Visa To make things even easier for our clients, we have added a Payment Status Dashboard Panel to each account. This easy to read panel will display how close you are to meeting the CDR and Payment Threshold requirements. The panel will disappear once you've met the CDR requirement and a payment has been disbursed. Please remember that test sales do not count towards meeting this requirement and will not be included in the Payment Status Panel. Here is an example of an account that has not met CDR, and their account balance is below their threshold: Here is an example of an account that has not met CDR, and their account balance is above their threshold: Here is an example of an account that met CDR, and their account balance is above their threshold: For more information about our Accounting Policy please review the ClickBank Client Contract.

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