Bank On Traffic has issued a newsletter announcing the changes in the fees applied when using the platform of their own. Actually nothing bad happens. To make it clear the changes are applied to make the interface more user-friendly and less expensive for the customers. As reported, Bank On Traffic has not benefited after moving away from stable monthly fees. Moreover, since all the products are priced in $50 increments, deducting fees upon distribution of deposited funds and purchased items, this was breaking the amount and made the thing a bit more complicated for members.
This complication will be removed now. All fees are removed except for the withdrawal fee. The withdrawal fee accordingly will be increased to 5% +$2. Sounds tough at first. Indeed things are much easier now, cause you don't have to pay the monthly fees. In case you've just paid any monthly fees, they will be added back to your eWallet within some days. Besides, one-time activation fee $15 will also be removed. Same thing here, all customers who have just paid it will be refunded.
