Another exciting thing that happened while I was away is that Cashcrate finally implemented the Direct Deposit payment option! Now instead of getting checks, you can choose to have the money you make on Cashcrate go straight into your bank account! This should also be great news to all the members/non members that had a problem of Cashcrate not paying by PayPal before!
Now don’t get me wrong, checks are still available for those that choose to receive them, but I’m definitely loving this new Direct Deposit option because I absolutely hate making the trip to the bank. Yes, I’m lazy. You should have figured that much by now.
So anyway, here are the basics about this new option.
- It’s available to Silver+ members. (To be a silver member you must get 50 active referrals. It’s easier than it sounds… really.)
- You simply need to enter your Direct Deposit information through the secure server and at the end of the month (starting next month, August, which is July’s earnings), Cashcrate will send your money directly into your bank account!
I’m sure a lot of you reading have the same questions.
“Hey I’m already skeptical about joining Cashcrate, now they need my bank account info for me to get paid?”
Well let me address this concern. Here’s what was posted by Patrick, who is an Administrator on the Cashcrate forums:
- We will be enabling HTTPS on our load balancers in preparation for the launch of direct deposit payments, which launches tomorrow. This is the “lock” you see when visiting a secure web site. We will be using full 256-bit encryption – same or better than your bank (my bank is 128-bit!) which will protect your sensitive account information. Once submitted, it is encrypted and stored in our systems using 1024-bit asymmetrical encryption – ensuring your account information is safe. These are industry-standard practices used by all major banks, credit unions, credit card companies, etc.
Initially, this security will only apply to the page where you submit your direct deposit information, since that is the only page that needs to be secured. This is the only page where your direct deposit information is transferred, so it is the only page that needs to have security applied.
Now I don’t understand a bit of that but it sounds like it would make sense. Also, I trust Cashcrate with my info because I have gotten paid from them every single month since I’ve signed up. For you who might be a skeptic and now looking to sign up, you might not be as trusting.
Well just remember, the check option is actually still there too! So if you’re worried about your bank account information being on Cashcrate, just select check as your payment method and you’ll get your money in the mail the good ole fashion way!
If anyone has any other questions about this, please comment and I’ll gladly answer them, or try to find the answers if I don’t know them myself.
This is just another asset that makes Cashcrate one of the best GPT sites in the industry!