1st May bank holiday, how it will affect payouts

[admin]

Hi all, we havent had a pay delay in a few years but the info is as follows:

USD sites:

Cosmopay - running as normal
Paypal - running as normal
International bank transfer - being sent as normal on Monday but wont arrive until Tuesday

GBP sites:
Cosmopay - running as normal
Cashapp - delayed until Tuesday
Paypal - should work as expected, very small chance delayed until Tuesday
Crypto - delayed until Tuesday
UK bank transfers - we expect a small amount of members to be affected, will most probably be the largest earners or members who are paid on Monday weeklies (as they tend to have the largest payouts of the week).


For GBP payouts, members on Monday weeklies will have the credits transferred as normal to maintain the correct timeline of events, but if the £ value is too large it will only arrive on Tuesday.

For GBP Payout On Requests, credits wont be transferred until the £ is being sent (on the larger requests, smaller ones should go through as normal), so if your request is inside the Sunday night batch or a Monday batch it will be transferred on Tuesday and sent.

Essentially, our UK bank wont get its top up as expected due to the bank holiday, we'll manage everything as best as possible, we estimate most people wont notice a difference.


We dont expect this information to change but will update if anything does.

Thanks

[admin]

Around 90% of members paid at this point, there is another small batch due to be processed shortly after 6:30pm tonight. Once thats processed funds will be arriving for everyone else tomorrow morning.

If your payment todays is in the range of £200 - £5k (the highest pending payment we have) funds will likely be in the morning batch.

Thanks

[admin]

Hi all, for the 6:30pm payout, we have hit our daily spending limit for the account, funds will be arriving in the morning.

Thanks

[admin]

Hi all, everything the same as 1st of May bank holiday. Will post updates as we have them.

Minor disruption is expected this morning.