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I authorize CB to initiate credit and/or debit entries - Confused about this statement[IN]

Discussion in 'Clickbank' started by moneylover1989, Sep 1, 2013.

  1. moneylover1989

    moneylover1989 Newbie

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    I am an Indian Affiliate.
    I have a question, When I try to submit Direct deposit details ( XACH ), the TOS is shown like this
    "I authorize ClickBank to initiate credit and/or debit entries to the account indicated here. "

    What is the debit entries..?. By accepting this terms means does ClickBank can debit money from my other savings ? Really confused . Helps are appreciated.
     
  2. Shane1

    Shane1 Registered Member

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    The only reason I can think of that they should have the need to do a debit entry would be if you end up with a negative balance in your account.
     
  3. moneylover1989

    moneylover1989 Newbie

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    I am new to CB. I guess negative balance is due to refunds. So, if I set an payment threshold of 500$, then the possibility of getting negative balance is minimum , right ? Does CB can debit from other savings than CB payments ? Did you get your money debited by CB from your Bank account on any circumstances before?
     
  4. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    Last edited: Sep 2, 2013
  5. moneylover1989

    moneylover1989 Newbie

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    Thankyou. :)


    Any Indian Clickbank affiliate have any experience about debiting money from your bank account by clickbank ?