Funds were transferred to our payment vendor today! That means redemption checks are on the way for GlobalTestMarket members that requested payment between November 23rd through the 28th. They should be placed in the mail within the next few days.

Over 2,700 members redeemed for this period, and GlobalTestMarket paid out over $169,000.00. Great job and we hope you continue your valued participation with GlobalTestMarket.

Finance just sent word that another batch of redemptions was wired to our payment vendor. All you GlobalTestMarket members that redeemed between November 15 through November 22, your redemption checks are on the way.

What does “on the way” mean exactly?

We have wired funds to our payment vendor. Our vendor then prints and mails the redemption checks to our members worldwide. I was told that US members should expect their check no later than January 2, 2008. Most likely you will receive it before year’s end.

The wire was confirmed and our redemption vendor is sending checks for members that redeemed between November 8th through the 14th. Happy holidays to all and thank you for participating with online market research. We look forward to seeing you redeem again!

GlobalTestMarket Why Don’t You Use PayPal?

We are peppered with this question all the time. GlobalTestMarket is currently discussing this option with PayPal, and we hope to have an announcement during the first few months of 2008.

Why does it take so long to hook up PayPal?

On average, GlobalTestMarket distributes $150,000.00 per week in redemptions to our membership. Our lawyers and accountants want to establish new procedures and make sure we are compliant with laws and regulations. We also need our Development team to coordinate with PayPal. This is not an overnight project by any means, and we are expediting this partnership as fast as we can.

We never favor making announcements before we can deliver our promise, but with so many inquiries from our members we felt an update was appropriate. GlobalTestMarket is listening to your feedback.

I am sorry, but I let an update pass by without posting here. Members that redeemed between October 25th - 31st should have receive their checks before December 14th if you live in the United States. International members may need to wait a few more days.

Checks should be in the mail for members that redeemed between November 1st through the 7th. We are on track to meet our 4 to 6 week delivery time for US members. However, I am working with our Finance team to see if we can speed up our money wires to our payment vendor.