Thursday, March 7, 2013

Mega Money Hybrid IMPORTANT UPDATE!!!



Many members asked if they can withdraw earnings to multiple payment processors if they paid with multiple payment processors. The answer is yes. If you made deposits with Solid Trust Pay and Liberty Reserve for instance it means you can withdraw earnings to Solid Trust Pay and Liberty Reserve. This is a big advantage but at the same time also a problem as we realized because members can for instance fund their account with $1 Liberty Reserve and $999 Solid Trust Pay and then withdraw $1,000 to Liberty Reserve without buying Hybrid Units. They can exchange money this way. It means we would have to spend a lot of time checking withdrawals and that's what we don't want of course so we found a solution.


Instead of adding deposits to your available balance it will no be added to your repurchase balance when you make a deposit. You can use your repurchase only to buy Hybrid Units so that means it's not possible anymore to deposit funds and then right away withdraw it to another processor. Your earnings will be added to your available balance so you can withdraw that.

This means when you buy Hybrid Units, first your repurchase balance will be used instead of first your available balance. For you that doesn't matter much but it makes a big difference in the system and will prevent members depositing funds and then right away withdrawing to exchange money.
By default there's a check mark at “Use Repurchase Balance first” now so if you don't want to use repurchase balance first (can't imagine why you would not use repurchase balance first) then you have to uncheck that box.

We have added all deposits to repurchase balance now so everything is ready for the launch.

If you have not funded your account yet, do it now to make sure you can buy your units fast at launch time. Many will earn a lot. Make sure you're one of them!

KEEP IN MIND: FROM NOW ON WHEN YOU FUND YOUR ACCOUNT IT WILL BE ADDED TO REPURCHASE BALANCE BUT FOR YOU THIS DOESN'T MAKE A DIFFERENCE. IT'S TO PREVENT MEMBERS EXCHANGING MONEY.



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