Saturday, January 19, 2013

Understanding Chargebacks

CHARGEBACKS When MCA pays you $80 (or more if you made many sales that week), they pay you an advance commission which is based on the person staying a member for 17 months at approximately $4.70 per month. ($79.90 rounded up to $80)

 When someone cancels, they prorate the amount remaining out of a FUTURE PAYCHECK, they DO NOT TAKE MONEY out of your bank account or charge your debit/credit card. If you don't earn anything that week, it will carry over as a debit balance until you earn money and the debit applied.

 So let's say someone quits 6 months in, that would leave 11 out of the 17 months left... So if you made any money that week, you check would be reduced by 11 x $4.70 or $51.70. Again, it's money you never had, so you aren't losing, they still paid you for the time they remained a member.

 Now if a person joins and quits the same pay week, it'll be as if nothing ever happened. You earned nothing, and you lost nothing. Also, remember, they will NEVER reduce your paycheck by more than 50% in any weekly pay; the remaining amount will carry over into a future paycheck(s) as a debit balance until the debit is paid off, remembering, your check will never be reduced by more than 50% in any pay week. If you never make another sale, it will just be written off as a loss for the company.

 Again, CHARGEBACKS do NOT take money out of your personal accounts, it's only reduced from future commission paychecks

 IMPORTANT NOTE: If someone cancels during a week when you've made AT LEAST 15 Sales pending other potential bonuses, you WILL NOT be assessed a chargeback. The company will simply count it as a loss and you will have nothing reduced from your check.

You will earn a CHARGEBACK BONUS. You will notice a credit to your pay details to negate and cancel the chargeback amount. SO if you make 5-15 or more sales per week, depending on other bonuses you may earn and at the company's discretion, you'll NEVER have to worry about it at all. If you and your team upgrade to PLATINUM, the income from the matrix will potentially negate this anyways and you won't even need to worry about any chargebacks.

 The Bottom Line is MCA pays your for the time they were a member, be it just 1 month, 16 months, or for life. You will NEVER have to worry about being charged or owing money because of someone cancelling their membership. If the person who quit was in the matrix, they will be replaced with another member of the same membership level (platinum or gold) If someone joined with a method which only earned you $9.24 (pre-paid debit/credit, repeat use payment method), your commission is being paid on them monthly at $4.62.

 Since you are being paid month to month for these types of referral, there would be no chargeback assessed. No matter HOW someone joined, via pre-paid, or a method that you earned full commissions, you'd still earn the same amount if someone were to quit from your team.

1 comment: