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Tuesday, May 13, 2008

Bux.to payment issues still linger

Members of the largest PTC site, Bux.to, are still plagued by the long cashout delays brought about by the site's "extensive auditing", now, you can find a lot of people at the forum, complaining about the payout overdue.

The site admins defended themselves by reasoning that they have a lot of members to pay, and that they have to manually check every account carefully to make sure that it is not fraudulent in nature. They also changed the TOS, including the 60 days for Non-premium, and 30 days for Premium payout rule, where they added an additional statement, stating that "due to extensive audit procedure, we cannot guarantee this."

Arguments over Payout

The payout delay does not only concerns Non-premium members now. It seemed to have escalated further, and now involves even Premium members, including those with the Bux.to cards. With this respect, people are demanding that the site should hire some additional staff to help with the auditing. This move, however, seems risky, as hiring additional men is a factor that could affect the business (Human Factor), most especially if the men they hire are absolute strangers to them. Therefore, while Bux.to does not comment on this, they still keep things running the way they are right now. They are doing this rather than make a mistake that they would only regret in the future.

Members, in this kind of business, appears to be at the losing end, as the site determines who gets paid and who gets not. And since the people agreed to the site's TOS upon joining, it's the people who are liable for their own action, thus, rendering the site free from any harm. However, while this is true, the people still have the right to get paid, and if the site turns out to be just another ponzi scheme, this would invalidate the site's very own TOS.

We know very well that Bux.to is not the kind of site who would just throw away their good reputation just like that, but we could not also disregard the fact that Bux.to has our money, and they could run away anytime if they want to. The admin of the said site, however, confidently states that Bux.to can afford to pay even a million members.. now, this statement is a reassurance, and tells everybody that the site is doing fine. And since this business is working out for them, and earns them a good profit, it would be very unlikely for them to do the wrong deed. True, but still, the long payout delays seemed to have worried everyone already.

Currently, Bux.to is finding some solutions to solve the problem. They are currently creating a new script, which they hope to speed things up. This script had already been tested on the site, and seems to be working right, however, Bux.to has not permanently incorporated it to the site yet, that is since it is in its early beta stages, and that they are not yet sure if it's free from bugs that would only help aggravate the situation later on.

Some Truth about the Site

Bux.to are not joking when they say that they have many accounts to settle. Bux.to still ranks the highest when it comes to PTC, with over 1.5 million members, evidenced by the Alexa graph below.

Click on picture to enlarge


Could the delay be all because of this?

Conclusion

Bux.to is still the top PTC site you would ever find. Nothing of its members/former members say could make it tremble. As for the payouts, we could really do nothing but patiently wait.. Moreover, it would only be wise to support it rather than help bring it down. You see, we are all riding this wagon, if it goes down, we all go down with it.

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