How Much It Cost to RENEW TelexFREE Contract after 52 Weeks? How Much It Cost to RENEW TelexFREE Contract? (*) Breaking news! Breaking news!
TELEXFREE RENEWAL PROCESS is indeed 20%
Here is how it works.
One month prior to your renewal date, you will receive an invoice in your backoffice
If you just post ads, then you will pay 20% of your net ad postion earnings PLUS the cost of the initial franchise fee (contract) if you want to continue to earn the following year.
ADCENTRAL FAMILY EXAMPLE:
$5200 – $1425 = $3775
20% * $3775 = $755
$755 + $1425 = $2180
TOTAL RENEWAL FEE = $2180 for an ADCentral Family
If you post ads AND earned unilevel residuals, binary commissions and bonuses, then you will pay 20% of your net ad posting earnings PLUS the cost of the initial franchise fee (contract) PLUS 20% of your net earnings (binary bonuses and commissions, unilevel, etc) if you want to continue to earn the following year.
ADCENTRAL FAMILY EXAMPLE:
If you earned $5200 from posting ads and $100,000 in the binary and unilevel, etc, then your renewal fee is calculated as follow:
$5200 – $1425 = $3775
20% * $3775 = $755
$755 + $1425 = $2180
20% * $100,000 = $20,000
TOTAL RENEWAL FEE = $22,180
If you choose to NOT renew, then you will lose your contract, your downline will go to your upline and you won’t be allowed to join TelexFREE until after a year has expired.
Folks, remember we are purchasing contracts in TelexFREE. Look at this with a franchiser mindset. Your income will drastically increase the next year the more you build your TelexFREE business. I can’t do income projections because I’d be out of compliance. But 2014 will be wayyyy better than 2013. Imagine having more than 1 franchise? How about 3 or 10 or 50 franchises? Do the math!
That is OFFICIAL NEWS and has been verified by those such as the USA top leader, Santiago de La Rosa from the USA whose contract renewed on 25July2013.
NEWS & UPDATES:
09October2013 EXTRA-EXTRA “READ ALL ABOUT IT!” THE E-WALLET LINK IS LIVE!
THE E-WALLET LINK IS LIVE!
Yes, that’s right folks, the E-Wallet link is now live in your TelexFREE back office. If you do not have an E-Wallet account you can now log in and get one. And if you do have one, you can access it now from your back office. We do not see a link to pay invoices out of the E-Wallet system yet. That should be there soon.
FAQs Do I have to have an E-Wallet account for each TelexFREE account and or position that I have?
The E-Wallet link is now active again in our back office of TelexFREE. People are wondering if they have to set-up an E-Wallet account for every TelexFREE account that they have. And the answer is NO, you do not have to. You can still easily transfer funds between TelexFREE accounts that you own and have complete access to by logging into your back office and then by going to STATEMENT, then TRANSFER, and then simply transferring your funds into one main account. Then, set-up an E-Wallet account for that main account and make withdrawals from that main account out to your E-Wallet account on the iPayout platform.
I can not login to my TelexFREE account, why?
One problem many people make is thinking their user name has capital letters in it. Regardless of how you entered your user name when you set it up, use all lower case letters to login and see if that works. And usually it does!
I just made a withdrawal request, how long before it will show up in my E-Wallet account?
It has many determining factors. When you request a withdrawal from TelexFREE, your withdrawal request gets loaded into a computer file along with the thousands of other people who also made a request that day. After a week or 10 days or so, and whenever TelexFREE can satisfy these payments, it is then that you will receive your withdrawal when TelexFREE sends this “withdrawal file” to the E-Wallet company, iPayout, to load into your personal E-Wallet accounts. So, based on our recommendation and experience, it will probably take around 10 days to 2 weeks before you see it fully populate in your E-Wallet account. Our suggestion, consistently execute weekly withdrawals, so that you receive funds on a weekly basis. Also, know that TelexFREE has a long history of paying all of our withdrawal requests. Find great satisfaction in that, that there is a proven transactional history with TelexFREE and the Promoter field. Promoters are getting paid! Period. As we know more we will share it with you. We hope this helps you understand the magnitude of the business that you have access to…and your hands on!
*** UPDATE ON THE FLORIDA EVENT: The company was able to issue 500 more tickets for the International Event. If you don’t have your Event tickets, go to this site and you can register:
The Florida TelexFREE Event will be for Promoters only. There will NOT be a business opportunity meeting for Guests on Friday night. Instead, the entire weekend will be dedicated to training and education!
09October2013 Do NOT Panic! Can’t Log in? Getting Internal Server Error? Corporate IT is working on ewallet integration and security.
It has come to my attention that some of you cannot log in.
Here is the solution
1. log in
2. get “Internal Error” (do not panic here)
3. Now after you get the error, put this in your browser
Be sure to follow all 3 steps above.
04October2013 More Updates and Tips for TelexFREE promoters/agents Hello everyone:
Just a couple quick updates on some issues we are getting messages on.
SPONSORSHIP COMMISSIONS: Evidently there is a computer glitch that has popped up and the program is not calculating direct sponsorship payments. If you have recently sponsored someone and did not get your sponsorship bonus, the company is working on fixing this. It should show up soon.
WITHDRAWAL ISSUES: Several people have asked about when their withdrawals will show up in their ewallet account. We just do not know any specific time that they will get processed. The thing to know is this. These problems almost all stem from the computer system errors. It is nothing more than that. As they get the computer system updated a lot of these kinds of problems will fade away. Just know that all payments will be made. Steve will let us know if he wants us to send in our names to him. For now, we just have to wait for the payments to show up.
IT’S THE COMPUTER’S FAULT: Some of these glitches are being caused because the IT department has started to switch things over to the new platform – YEA! They said as they transfer the information over it takes over 4 days of constant computer time to transfer stuff over. That gives you an idea of the massive amount of information in the system. But the thing to remember is that the “database”, the actual data, is all there and secure. So even if the program that calculates commissions goofs up, the info is all there and it will get corrected.
The IT department has said that once they get the new system in place they will go back and check all the calculations and make sure things have been calculated correctly.
NEW FINANCIAL PRODUCT: The new product is almost ready to roll out. They are just waiting to make sure the program can handle the calculations of commissions on sales of the new program. But it will be here very soon.
WHERE’S MY EWALLET: For those of you that are still waiting on getting your ewallet account set up, the link for our ewallet should be in our back office at any time now. And if you request a withdrawal, the company has to set up an account for you. So that is one way to get your ewallet account set up.
MORE AND BETTER CUSTOMER SERVICE: More people are being hired for customer service. We now have two numbers to call, one is toll free one is not. If you are calling from the U.S. you can use the toll free number, if you are calling from another country there is a new number to use.
the toll free number is 888-886-5486.
The new number is 704-245-6408
THE MESSAGE BUTTON: Also, remember that in your back office now there is a button that says “Message”. This is where the company posts important messages to us. There is also a message in there giving the company address and the new bank account information. Check this message link to see important updates from the company.
HOW DO I PAY AN INVOICE: The easiest and best ways to pay an invoice are;
1) Send a bank cashiers check to the company. Have the check made out for the exact amount of the invoice you are paying. And make sure the amount matches the invoice amount. Write the user name and the invoice number on the check. You can just write it on the check stub if you want, that works well. Then mail it or overnight it to the company. All the information with their address is in the message folder.
2) Bank wire. You can also wire funds to the company. Again, make sure the bank wire is for the exact amount of the invoice. Then, write your user name and the invoice number on the copy of the bank wire receipt that you get from the bank, scan in a copy of the bank wire receipt to your computer and save it as a pdf file. Send an email to the company at email@example.com and attach a copy of the bank wire. The instructions are all in the message folder in your back office.
3) Make a deposit at any TD Bank branch in the U.S. If you live near a TD Bank branch, simply go in and make a deposit to the TelexFREE bank account. The bank info is all posted in your back office in the messages folder. Just remember to only make one or two deposits at a time. Don’t walk in and try to make 10 deposits all at once. You have to make a separate deposit for each invoice you are paying. Do not combine them. Then write your user name and the invoice number you are paying on the receipt and scan that into your computer and send it to the company at firstname.lastname@example.org. Just attach the copy of the receipt from the bank to your email.
4) And of course you can pay any invoice from your back office. Simply click on statement, pay bills and it will step you through the procedure.
AND FINALLY: Please just remember everyone, although TelexFREE has had a lot of hiccups, most caused because of the computer system issues, the company is working hard to address all of these issues. We have to exercise patience, and understand the company is making long term plans. We believe a lot of these problems will be corrected over the next few weeks as the new platform comes online.
Everyone remember, we all have to take responsibility for our own business. Help the people you sponsor. Make sure they get signed up correctly and teach them how to post their ads and manage their business. Be careful what you place on the internet. Do not make any income claims. And if you have any kind of income calculator posted on your web page or on you tube, it has to be removed immediately. We do not need to hype this opportunity. Let’s just present it for what it is.