FEB 19 Payment Cycle Delay

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chrisrumble

Administrator
Staff member
#1
Hello everyone, normally we issue payments every Friday. To be as transparent as possible, I want to provide you with the exact reason why we are facing a delay for the payments issued on Feb 19, 2016.

A few weeks ago we moved banks to US Bank. While doing so, we ran into an unexpected restriction at US Bank that we have never faced. Due to security restrictions, US Bank has a ACH/EFT block filter when making a Paypal money. This has resulted in numerous transfer failures without us understanding why for the past 2 week. Luckily, they have assured us they will remove the Paypal EFT block filter and the funds will be released to Paypal sometime next week. As soon as it does, payments for this Friday will be carried out immediately.

We sincerely apologize for inconvenience.
 
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