Nuffnang on TechCrunch For The Wrong Reason
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Our homegrown Internet advertising company, Nuffnang, had made it to TechCrunch post but for the wrong reason. Nuffnang Singapore, a counterpart of Nuffnang Malaysia, reportedly charges publishers SGD1 for transaction fee for cash outs leaving many bloggers furious by the decision.
However, I have not heard or read any news on Nuffnang Malaysia imposing the same administration fee.
Anyone who is serving Nuffnang Malaysia and have received payment recently care to share their experience?
I do subscribe to Nuffnang (Malaysia) co-founder, Timothy’s blog, but didn’t hear anything from him. Hopefully thing turns out well for them.
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November 5th, 2007 at 9:56 am
Nuffnang Malaysia is imposing a MYR1 (less than 50 Singapore cents) for transaction fee. Do read the part 2 here -> http://www.putraworks.com/2007/10/10/nuffnang%e2%80%99s-shocking-news-part-2/
November 5th, 2007 at 10:12 am
Putera Emas: I think it’s not quite right to compare the fee charges impose by Nuffnang Singapore and Nuffnang Malaysia. They do charge the same that is SGD1 and MYR1. You shouldn’t compare after the conversion. That’s my opinion.
November 5th, 2007 at 10:15 am
I remember Timothy or someone did ask us for an opinion on this before. Many participating bloggers didn’t make a fuss of it. After all, you’re not suppose to see it as direct conversion but 1-to-1 monetary value.
Meaning were paying the same just that our is seen lower as their exchange is higher.
- posted from an iphone
November 5th, 2007 at 10:23 am
Danny Foo: Yes, I do agree with you about the conversion part. Guess many people made a fuss because no other company charges publishers for cashing out money.