Announcing Advanced Payments – a Whole New Way to Get Paid

October 24, 2011 |  Posted By : Barbara  In : Developer Community, Developer Resources, Industry News

The number of new, free apps are on the rise and are predicted to increase throughout 2012. With about 65% of Android apps and 40% of iPhone apps currently free in the market, in-app advertising becomes more important than ever for publishers to monetize their apps. Most publishers rely on the payment schedule from ad networks & exchanges to grab hold of their revenue and keep app development alive, which usually takes anywhere from 60-90 days after month end. But if you’re a Mobclix developer, all of that is about to change.

At the Velti Mobclix Exchange, we are excited to announce the industry’s first ever, Advanced Payments! In an effort to ensure developers maximize their app monetization potential, “Getting developers money as quickly as possible is what is best for them,” said Mobclix co-founder, Krishna Subramanian, in a recent interview with Read Write Mobile. To quickly summarize, below are the new options for pubs to get paid:

1. Net 15 – Receive revenue earned 15 days after month end.

2. Net 30 – Receive revenue earned 30 days after month end.

We now won’t have to depend on ad networks to pay us first before paying our developers–if you’re signed up for option 1 or 2, you can assure to receive payment within 15 or 30 days after month end.

For any other questions, download our FAQ document. To sign-up, visit www.mobclix.com/payments and start getting the revenue predictability to do what you do best: make great apps!