Saturday, 14 November 2015
You might ask yourself, “Well, the scammer would still have to pay paypal transaction fees, at the very least, even if they are small.”
Well, no actually.
Even those small fees, he will never have to pay for.
One of the strange features of the iWriter site is the adjustable threshold that must be set by the “writer” before any payments due are ever processed. There are certain other sites that set minimum payment thresholds before any payments are issued, but those are not sites that are paying for work that was commissioned and completed.
Google's advertising program for example, is a revenue-sharing platform that rolls over any payments that are due to site owners from advertising from one month to the next until they reach the threshold of 100$, at which point Google processes the payments.
However, if Google hires an employee who only does 2 hours of work during a payment cycle, then Google would pay him immediately for the work that he completed.
Likewise, if he only carried out one hour of work, or even less.
At iWriter, however, if the work completed by a writer does not reach the 20$ threshold, no payment is ever processed, and those amounts that are due can never be claimed by the writer.
Even more bizarrely, the adjustable payment threshold at iWriter can actually be increased. I have never seen such a feature on any other site. This means that a writer has the option to postpone the payments that are due to him until they total a ludicrous 40$, 60$, or 100$.
Assuming a rejection rate of 60%, a writer would have to pen approximately 40 articles that were 500-words-long before he could collect any payments that are due to him.
Now, how many writers have stuck around at the iScam website that long?
If the existence of that feature makes no sense to you, then that's OK.
It's not supposed to.
That feature is only there so as to facilitate the iWriter iScam.