US Affiliate Marketers See Big Opportunities Overseas but High Costs and Big Delays With Internation

LONDON and NEW YORK, NY, Sep 22 (Market WIRE) -- EntroPay, the initial supplier of virtual prepaid cards in Europe, todayannounced the benefits of a survey carried out at the current Affiliate SummitEast 2009 in New York City, the premier event for the affiliate marketingindustry. A survey of a hundred present attendees such as merchants, affiliates,and affiliate networks identified that 98 % of US affiliate marketersare primed for expansion overseas but most have been unprepared to deal with thecosts and delay of international payments. "Affiliate marketing is a strong device for driving site visitors and ecommercesales particularly when executed on a global scale," stated Alex Mifsud, chiefexecutive officer of EntroPay. "Regardless of immense international growth andadvancement in the affiliate marketing market, nowadays most affiliatenetworks nonetheless depend on archaic and expensive financial institution checks and wire transfersthat are just not appropriate for global transactions." Survey respondents ranged from affiliates with two or 3 brands, to over1,000. More than half of the affiliate marketers surveyed had been presently makingpayments abroad. Of those with encounter generating or receivinginternational payments, in excess of 63 percent were dissatisfied with the speedand value linked with global payments. twenty percent noticed paymentprocessing as one particular of the most significant challenges facing the sector. Administrative fees associated with international transactions can be ashigh as $40 per transaction in terms of processing costs. This does notfactor in the value of currency exchange that is usually left to theaffiliate to cover when sending payments across global borders.More than 67 % of those surveyed even now use the slow and costly banktransfers and checks as their predominant payment approach, rather than themore productive pre-pay out answers. Only 23% of respondents have been employing apre-pay out remedy which can lessen this price substantially. Speed proved to be an even bigger concern for these North Americanaffiliates, which is not surprising since funds flow can be a challenge togrowing affiliates. Above 50% of respondents have been dissatisfied with thespeed in which payments have been manufactured, and practically 20% felt it was the biggestchallenge to the affiliate marketing market. EntroPay and Affiliate Marketing In accordance to a Jupiter Research report, commit on affiliate advertising and marketing willhit $three.3 billion in 2012. Nonetheless, the sector is not with no itschallenges. Decreased marketing budgets, building an sector standardfor producing payments and growing velocity were the best 3 challengesthat EntroPay's survey respondents identified at the Affiliate SummitEast. Fraud was also recognized as a ache stage. In recognition of the escalating significance of worldwide paymentprocessing to the affiliate marketers, EntroPay hosted a booth at theevent exactly where they demonstrated their 'simple, immediate, global' paymentservice. "The accomplishment of our presence at ASE 2009 this yr proved just how globalthe ambitions of the affiliate advertising and marketing sector have turn out to be," said AlexMifsud, Chief Executive Officer, EntroPay. "That mentioned, the numerousquestions posed at our booth demonstrations indicated that there is adesire amongst North American marketers to enhance their internationalpayment processes as they embrace cross-border expansion." EntroPay delivers a basic, cost-powerful alternative for merchants to paycustomers and affiliates speedily, securely and effectively. Merchants canavoid the large cost of issuing checks and make payments anyplace in theworld with no currency conversion concerns. Please speak to Matt Lloyd at matt@m2l2communications.com to request a fullreport on http://www.articlepoint.info/fashion-with-tattoos/ - social network - EntroPay's findings from Affiliate Summit East 2009, along withprevious reports on affiliate advertising and marketing pursuits in Europe. About EntroPay EntroPay is one of the most expense-efficient, hassle-free and rapid implies forbusinesses and buyers to make risk-free and controlled on the web purchases andto remit money about the planet. EntroPay has operated because 2003 byIxaris Techniques, Ltd, which is licensed to problem e-Funds for EntroPay bythe Uk Monetary Providers Authority and is registered as a Income ServiceBusiness with the HM Revenues and Customs in the Uk. For more data,pay a visit to www.entropay.com. For Even more Data:Matthew LloydM2L2 Communications and Design617-834-3146matt@m2l2communications.comCopyright 2009, Market Wire, All rights reserved.-- href='http://www.reuters.com/article/2009/09/22/idUS109355+22-Sep-2009+MW20090922' - http://www.reuters.com/report/2009/09/22/idUS109355+22-Sep-2009+MW20090922 -