Now that the summer vacation season is behind us, and on the heels of our wildly successful Open Days in Zagan, Poland last month, we are again picking up the pace and we are back with another full-packed edition of our newsletter!
To start off, we want to thank you for making Recyclix one of the world’s top 5000 websites! This achievement is only thanks to the hardworking spirit of our team as well as your passionate support for the work we do for the environment and your financial future.
Yet another positive news, which makes Recyclix even more robust and user-friendly, is the launch of withdrawals directly to credit cards. As of now, it’s only possible to withdraw your earnings to credit cards, not debit, issued in EUR by banks from the European Union that allow receipt of instant payments. Feel free to check out this helpful feature and use it if you have a EUR credit card as there are no commissions on withdrawals over €100.
As you can see on your accounts by now, we have implemented the new affiliate system that we discussed in the previous newsletter. We are now giving a 12% commission for every external deposit of your direct referral. The automatic affiliate links are removed, and instead your referrals have to manually enter your account ID on the sign up page. All other policies associated with Recyclix’s affiliate system will remain the same. Only deposits made by BTC, bank account, and credit cards are eligible for commissions and just like before there is a 7-day hold before the commission is released into your balance. We are very pleased with the overwhelmingly positive response we have been receiving regarding this change. It is wonderful to know that we, as one community, are all passionate about our shared goal of making sure Recyclix remains the best and most profitable recycling business model there is.
Of course, there are some challenges that come hand in hand when any business becomes as successful as Recyclix. In the last week, we have been doing our best to keep up with processing your deposits and sending out payments that encountered some delays due to technical issues that our mass payment provider recently experienced, as well as the high number of ineligible micro-payments we have received. We thank you for your patience as we resolve all pending transactions by this week. Rest assured that no transaction will be missed or lost - they are just in queue and will be processed as soon as possible.
We reconfirm our commitment to transparency and trustworthiness, and as promised, we are soon publishing an interim financial report that will be completely public and will provide the most detailed information about the company’s growth, which is your personal growth too. The work on the report is underway so be sure to stay tuned for more news about it.
What we can tell you now is that the initial site visit to the facility we are considering to take over in Bari, Italy went without a hitch last week. Our team was able to survey the location, observe operations, and hold further discussions. The final decision will be made after we exercise the proper due diligence and thoroughly analyze all business opportunities this project offers. News of our final decision will of course be shared with all of you in upcoming newsletters.
Our next newsletter will be an Interim Financial Report that will include important financial statistics and data that we are happy to share with our users, as well as upcoming plans for future international expansion. We hope that this will enhance transparency between us and further show our commitment to make Recyclix not only a global ambassador for the environment, but also the best financial platform available to serious investors.
We would like to end on another invitation - this time to the Solids Basel 2016 on November 16-17. Our whole team is looking forward to see you at our stand B12, so do not forget to register your attendance!
Recyclix is again enjoying unprecedented success so far this year, and as we move into the last quarter of 2016 we have all confidence that we can only grow bigger next year. Nothing is impossible when we all work together for the environment while earning from the comfort of your own homes!
One team, one dream.