A few weeks ago, when ClixSense lost their PayPal account, people speculated who will be the next victim. Earlier this week, the admin of GrandBux announced that their site is no longer accepted. The admin contacted PayPal to release the funds being held and plans to add new payment methods.
Dear Grand members,
Today we have received an email saying that Paypal is no longer accepting paid to click websites. This was a shocking news for us, because every time we had talked to them in the past, they always said that they reviewed each businesses individually and our website was considered to be a safe business. For the last 4 years, whenever they reviewed our account, and applied a temporary limitation, they always had given us permission to continue our business due to our unique and stable payment system , under ROI and SPS.
The conditions of our agreement with them was simple: They only asked us to maintain the majority of our funds on their website , which is why we did not transfer our money from there to any banks or to any other payment processors, because we simply trusted them. As you probably know , Grandbux is not a profitable website for owners; because it has been designed to be profitable to the members , which is why unlike many websites we have managed to pay approx. $3 million to our members. This could have never happened without the trust and the name we built with you.
Our vision was always bigger than becoming a profitable website. We wanted to make a positive impact on the world and allow thousands of people from all around the world to be able to make an extra income with their efforts. For this , we intended to build a name rather than make money for ourselves. We always believed that if we build a trust with you , we can always achieve greater things . All of our sacrifices, our 7/24 assistance , and dedication to provide the best for you was in the purpose of achieving that vision.
This is why we believe in you today that you will continue with us when we go through this transition period of time. As long as we have you , nothing can stop us! Because after we go through this , Grandbux will be faster, stronger, and better because of you. All of the members who remained loyal to us will be richly rewarded on this website and any other future projects we will release. Grandbux will always be a website that allows you to make stable income for many more years to come. For your future, for your family and the dreams you make with them will continue to be achieved here as you hoped in the first place.
We only ask your understanding on this matter and continuous support until we add the new payment processors and make this transition period as smooth as possible for all of you. As of tomorrow morning, we will contact new payment processors based on your preference. We will also register a new branch of our company overseas in Europe to even be eligible for some of the new payment processors that are not available in USA.
Grandbux will go through this hard time , and come out even stronger as we always have done in the past! We all will need to make a sacrifice some of our time handling all these situations, but we promise you, it will be worth it. After few months from now, not only we will get past this but we will also reward each and every one of you for your patience ,loyalty and enduring this hard time with us today. Rest assured that our team is capable of handling these sort of crises with the best possible outcomes , as we had always done in the past.
Payza users will continue without any interruption (conditions apply:info), and soon more payment processors will come to replace Paypal. Already contacted Paypal Management to remove the temporary hold on our funds as soon as possible , so that we can transfer the funds to an alternative payment processor. Also, we already got in touch with our consultant to resolve every issue at the interest of our site and our members. We will update you with any progress that will unfold in near future.
As Grandbux team, we cannot stress enough how much we love working with you at Grandbux , making the impossible things possible and we know this is only the beginning of greater things. I just want to express my sincere gratitude for your continuous loyalty and understanding. As always , if you have any concerns or questions, please feel free to send us a ticket. My team and I will work day and night until we get past this transition! We are %100 positive and confident that new developments of our site and the new payment processors will only make everything much better than before.
Note: Please reply this thread with your personal choice of new payment processor. Whichever payment processor requested most will be added at first.
March 15th , 2017
We are currently in touch with AUP department at Paypal to release the funds being held. The only way to communicate with them is via email and we are waiting their respond to progress the case. We will inform you with further updates in here.
March 17th , 2017
Brand Risk Management at Paypal has requested Grandbux to remove Paypal from the site, and accept their policies in order to return the account to good standing. 10 minutes after that, we did what we were asked for. We also gave them a call to finish their review and return our account to good standing as promised. We are currently waiting them to respond our case.
Paypal’s Request: View here
Proof of Compliance: View here
March 18th , 2017
All the necessary actions have been taken to access partial of our funds on Paypal today. Upon approval of our request, we will finally be able to move the funds to a new payment processor , which will be preferred most by our members. Shortly, we will also start the voting pool to decide which new payment processor to be added first.
You can read the admin’s announcement and updates in the GrandBux forum here.