Jun 15, 2010
MVPay Hub Set to Go Live
Similar to a virtual bank account, MVPay Hub is a powerful and secure online platform that allows you to make money transfers, product purchases, and much more. All the features within MVPay Hub provide you with complete control of your earnings.
Other benefits of MVPay Hub include:
• Live, 24-hour access to commission payments
• A way to track payments and transactions in local currency
• Ability to download information into a workable Microsoft Excel file
• An exchange tool to convert profits into foreign currency*
Please note that when your MVPay Hub account is funded for the first time, you will receive an email notification from MVPay Hub.† From here, activating and using your MVPay Hub account begins.
HOW TO ACTIVATE YOUR ACCOUNT
1) Follow the link in the MVPay Hub email to www.mvpayhub.com.
2) Click Activate Account.
3) Enter your MonaVie Distributor ID number and select your date of birth.
4) Follow the onscreen instructions, and fill in all required fields.
Once you are logged in, MVPay Hub will allow you to set up automatic fund transfers on a weekly or monthly basis, or whenever your account balance reaches a specific amount. Below are instructions on how to transfer funds manually or to set up the automated cashout feature.
HOW TO REMOVE FUNDS
1) Click Remove Funds.
2) Select an account to transfer funds to, or create a new account.
3) Enter amount to transfer.
4) Verify the information and click Confirm.
HOW TO SET UP AUTOMATIC WITHDRAWAL
1) Log in to your MVPay Hub account at www.mvpayhub.com.
2) Click Profile.
3) Click Add/Update next to the "Automated Remove Funds Configuration" option (under “Other Information”).
4) Select an account to transfer funds to, or create a new account.
5) Choose an automatic cashout schedule.
6) Enter the amount you want transferred or select “Full Balance.”
7) Verify the information and click Confirm.
If you have any questions or if you have earned a profit and do not receive an email notification from MVPay Hub, please contact Distributor Support at (866) 217-8455 or send an email to firstname.lastname@example.org.
* Subject to withholding taxes.
† This notification is sent to your personal email address that you provide upon enrolling and setting up your Virtual Office. Please make sure your information is updated.
Use DirectPay for Product Purchases
With your MVPay Hub account, we are pleased to offer you with an additional payment method for ordering products and sales tools through your Virtual Office or when contacting Distributor Support.
Simplifying the Payment Process
DirectPay transforms your account into an exclusive online payment tool and adds to the features already available to you with MVPay Hub. This means you can use your commission earnings to buy products or pay for your AutoShip orders, thus avoiding the extra time and expense of first having to transfer funds to your personal bank account.
You can use this feature by simply selecting the MVPay Hub DirectPay option when you purchase your next order in your Virtual Office or when setting up your AutoShip.
As always, MVPay Hub provides you with full reporting and tracking capabilities. With the DirectPay option, you can now conveniently track and manage your business expenses in one area (www.mvpayhub.com), while keeping those transactions separate from personal finances.
DirectPay also allows you to use a combination of funds (e.g. MVPay Hub and a credit card) when paying for product or sales tools.
As you can see, MVPay Hub is a powerful online tool that provides you with many features and total control of your earnings and business.
MVPay Hub: Maintenance and Fees
A monthly maintenance fee of 1 GBU* will be charged to your account if there has been activity in your account within the last four weeks. MonaVie will cover the cost of the fee if you are “paid as” a Bronze Executive or above at anytime during the prior month.
When using the cashout feature, please note that there is a modest fee of 1 GBU per cashout.
Remember, the cashout feature allows you to transfer your funds to a personal bank or checking account. You can reduce the number of times you cashout, by taking advantage of MVPay Hub Automatic Cashout feature or DirectPay, which allows you to use funds in your MVPay Hub account to pay for product.
Remember, using DirectPay turns your MVPay Hub account into a powerful payment tool and removes the need to transfer funds to other accounts, thus avoiding the cashout fee.
If you have any questions, please contact Distributor Support at (866) 217-8455 or send an email to email@example.com.
* GBU is used to determine bonuses paid to distributors. One GBU = US$1. Once GBU is calculated, it is converted using a predetermined exchange rate into local currency as of the date your earnings are actually paid out in bonuses.