ClickIQ announced that PayPal will soon be their new payment processor, it will replace checks starting August 20th of this year. You will also have the option to send money via ACH which will electronically deposit your earnings into your bank account.
I'm really hoping that ClickIQ will be sending these panel payments free of fees. I say that because of the recent news of TestSpin transferring to using PayPal as well, but their members will be charged a 2.5% fee. Read more about it here.
Below is the email I received from them a few days ago:
Dear e/visors,
We are happy to inform you that PayPal is now available as an IQPoints cash out option.
We will no longer be issuing checks as a form of payment beginning August 20, 2009. You may cash out your IQPoints and have your money sent to your PayPal account or by ACH.
PayPal and ACH will help us expedite your payments quicker!!
Please note: If you do use PayPal as your cash out option, please ensure you type in the email for your PayPal account. If the email address you enter is not the correct PayPal email address, you will have to wait 30 days for your IQPoints to appear in your ClickIQ account and you will have to cash out a second time.
Sincerely,
Chris Simmons
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