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Goldenstar New Terms - Under Review
During the evaluation of GoldenStar Network's Terms and Conditions, there were a few stand out issues that we had with the program:
----------- Noteworthy - Not 100% Predatory ----------
2. Minimum Player Rule - Should You not refer a minimum of 1 (one) New Real Purchasing Customer for a consecutive 3 month period, the Affiliates ‘Player Referral Commission’ will revert back to our base commission percentage of 25%. The Affiliates account will not be terminated under these circumstances and the Affiliate will continue to be paid a commission, albeit at a lower rate, for the Life Time of such players.
----------- Terms that need clarification due to lack of information ----------
CPA Details?: No mention of CPA Details in T&C's nor on their website
----------- Terms Approved by AffiliateGuardDog.com -------------
Negative Carryover - Unlike with a player making a big win, which only lasts one month (No Negative Carryover), a charge back will stay due until the revenue generated by your other players has covered the amount due. We understand that this might be frustrating to the Affiliates, but it has to be made clear our Clients can only pay out a percentage of their profits, not fraudulent revenue.
Affiliate Payment Date?: (FROM FAQ Page):
* Cheques within 2 to 6 weeks of delivery and a minimum payment of $50
* ACH within 3 - 4 working days and a minimum amount of $50
* PaySpark 24 - 48 hours payment and a minimum of $50
* Wires within 5 - 10 working days
NETeller 24 - 48 hours Minimum $50 5th – 7th of each month
Bankwire 3 - 4 working days Minimum $250 7th - 11th of each mont
Minimum Payment?: The minimum amount payable is $50, except for Wire and ACH, which is $100.
Revenue Share Percentage?: (FROM FAQ Page): Your commission starts at a minimum of 25% and goes up to a maximum of 35%, on a sliding scale. But we always take care to reward our good affiliates and there are also a lot of possible extras to add including bonuses, rewards and incentives.
Tiered Revenue Sharing?: (FROM FAQ Page): At the moment golden[star]network does not offer a second tier program. This will be released shortly.
Contact will be made with GoldenStar Network's Affiliate manager and this review section will remain as verification of contact, issue resolution, or terms clarification.
