You know the feeling: Waiting up all night on that 30th day after post submission, the clock ticking loudly as you refresh your new messages. Will this be it? Did I get my SocialSpark post payment? Finally it comes and you’re over the $20 mark! You can almost hear the crowds going wild as you cross that finish line and click the big “Cash Out” button. Ahhh, satisfaction.
But the race is about to get a little longer. I know what you’re thinking; “I’ve gotten so good at these $20 sprints, how could I go any farther?” But I have faith in you and your persistence. You’ll make it to $50 and you’ll do it with class. And the payout will feel all the sweeter for it. (I hope.)
You had to know this day would come eventually, the day when the minimum cashout for bloggers in SocialSpark will match its IZEA brothers and sisters at the $50.00 mark. And that day arrives next week, on Tuesday. If you’re over the current $20 minimum I’d recommend getting one last cashout done before next Tuesday; after that, you’ll need to hold out until you’ve reached the new $50 threshold.
Why, you ask? Because we have to pay for each payout processed by PayPal. The higher the threshold, the fewer per-transaction fees we owe to PayPal. Everyone is cutting back these days, and this is one way we’re making sure we have the resources necessary to continue to be the most innovative disruptor in the social media sphere.
While this change will surely rock the boat, we have heard your feedback and are actively working on a better solution for our valued publishers. In fact, the developer sitting next to me has all kinds of documentation and code up on his screen as he works on just that! (Everybody say “Hi, Dray.”)
So what are you waiting for? Go cash out if you’re over the limit! And if you’re not, get blogging!!
