Payout guarantee
Approved means paid.
Within 48 hours.
When we approve your payout, we send it within 48 hours. If we are late, we pay you more. Here is exactly how it works.
- Approved payouts are sent within 48 hours.
- If one is late, we add $1,000 to it.
- And that payout is paid at a 100% reward share, not the share in your plan.
The terms
- This guarantee applies to payouts approved on or after the start date below.
- The 48 hours start when your payout request is marked approved in your VFunded dashboard.
- A payout counts as on time when we send it within 48 hours of approval.
- If we send an approved payout later than 48 hours after approval, we add $1,000 to that payout and pay that payout at a 100% reward share instead of the share in your plan.
- The extra $1,000 and the 100% share apply once per late payout. They are paid together with that payout.
- We may change or end this guarantee for challenges purchased after the date of the change. Challenges bought before a change keep the guarantee terms that applied on the day of purchase.
Example
You make $2,000 of profit on a plan with an 85% share, so your payout is $1,700. It is approved on Monday at 10:00. If it is not sent by Wednesday at 10:00, you receive $2,000 (100% of the profit) plus $1,000: $3,000 instead of $1,700.
Guarantee record
We publish how many approved payouts we sent within 48 hours and how many were late. The record starts with our first approved payout, and late payouts are counted too.
- Start date
- Last updated
- Version
- 1