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MarketBay Are They Paying Out?

Discussion in 'Affiliate Programs' started by zensiq, Sep 24, 2012.

  1. zensiq

    zensiq Junior Member

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    Hello everyone!

    Has anyone received payment from MarketBay? or heard anything new? The only response I seem to get from them is there are no updates on the payments. I searched around before posting this and it seems like they emailed a few affiliates saying payment would come on the first of September but I didnt read anyone mentioning they got payment.


    If you've ever promoted MarketBay you know they hold a reserve account for refunds/chargebacks, so you may have money in your account.

    "MARKETBAY shall retain possession of the amounts in the Reserve Account for the term of the agreement and six (6) months after its termination or cancelation and such additional time as may be necessary in order to mitigate against potential liabilities of MARKETBAY hereunder."


    If they owe you still please post an average amount.


    Thanks
     
  2. butnotbush

    butnotbush Registered Member

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    I have an outstanding balance of around 600$ with them..
     
  3. RetiredAffiliate

    RetiredAffiliate Newbie

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    It is Feburary 20, 2013, and I still have not received my balance from Marketbay (Certo Business Solutions).
     
  4. RetiredAffiliate

    RetiredAffiliate Newbie

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    There was problems with a previous payment also with marketbay (Certo Business Solutions). I normally received payments via bank transfer, but I changed payment type to PayPal. The next payment I received from a company called Certo Business Solutions via Paypal, but I did not know who Certo Business Solutions were at the time. So, I emailed and called their international number; they never replied back.
     
  5. RetiredAffiliate

    RetiredAffiliate Newbie

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    So, I refunded the money back. I also put in the notes for the PayPal payment refund for them to get with me.
     
  6. RetiredAffiliate

    RetiredAffiliate Newbie

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    They never replied! Later, I realized it was marketbay, and they never replied to any of my emails and their US number was out of service. I even sent a request payment via Paypal explaining the situation; they simply canceled without contacting me with any explanation.
     
  7. ContentLockPro

    ContentLockPro Power Member Premium Member

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    I highly doubt they will pay anything any longer as they are probably far in the process of insolvency now.

    I know for a fact that some accounts were indeed settled in Autumn but also know that a lot (most?) weren't.

    If the amount is significant then I would suggest you to have a quick word with a lawyer and have them have a look around to see if they can find out anything about their bankruptcy filing. It might not be too late to file your claim officially and get a piece of the bankruptcy pie (in the unlikely case that there are any assets left).