I'm an ECA. Will getting a TCurrency License help to increase my sales?

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5054 votes
Sule Yesufu, Aff (Nigeria) Top Author Forum Guru 9/1/2014 4:34 pm
Affiliate since: 01/14/2013, Power Rank: 596 | Read Sule's 287 other Ask SC answers
Congratulations for being an ECA. Getting a TCurrency license permits you to sell TCurrency in your ECA store. YES, getting a TCurrency license will help to increase your sales. Since the license permits you to sell TCurrency, you can start dealing in it as a product for sale in your ECA store. That is because TCurrency is also a TripleClicks product available for sale only in licensed ECA stores.

Because of the very high demand for TCurrency particularly in countries with alternative
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5048 votes
, () Top Author Forum Guru 9/2/2014 6:48 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Glossary definition of TCurrency is as follows:

Quote"

TCurrency is part of our LocalPay program . You may be familiar with having funds in your TripleClicks member account, which you can use to buy anything at TripleClicks with. TCurrency works the same way and can be purchased from any ECA with a TCurrency license. Once you've purchased your TCurrency, you can redeem it on any product at TripleClicks and earn the VersaPoints and MRP the same as if you paid by cash, check,
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5046 votes
Nathaniel Heng, Aff (Singapore) Top Author Forum Guru 9/2/2014 9:50 am
Affiliate since: 04/24/2013, Power Rank: 99999999 | Read Nathaniel's 4 other Ask SC answers
I got my TCurrency license because I had made sales in Tripleclicks and I wanted another way to take out the money. Why not sell TCurrency, increase my sales and gain new customers?

I put my rates [$10, $20, etc], the bank to transfer the money to, my email and phone number. Everything needed to make it streamlined and easy to process.

I would get 1-2 TCurrency enquiries a month. Usually a couple sales a month. So yes, I did increase my sales overall BUT take note of the
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5038 votes
Mar Fajardo, Aff (Ontario, CA) Top Author Forum Guru 9/1/2014 8:48 pm
Affiliate since: 05/03/2002, Power Rank: 302 | Read Mar's 582 other Ask SC answers
As an ECA having a TCurrency license may or may not help you to increase your sales, depending on the region where you sell your products. TCurrency is more useful for areas where cash, check, credit card or PayPal are not yet (widely) accepted or being used. It acts like funds in your TC member account and can be used to purchase any product at TC. TCurrency lincese is not available in the U.S. and Canada.

How your TCurrency license help boost your sales as applicable in your area:

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5037 votes
C Nweze, Aff (Nigeria) Top Author Forum Guru 9/3/2014 12:01 pm
Affiliate since: 04/18/2014, Power Rank: 99999999 | Read C's 20 other Ask SC answers
As an ECA getting TCurrency License will definitely increase your sales if you manage both well. All you require is to do a proper homework and be guided by SFI Rules of Success.

First understand the terms and intricacies involved and be sure you work under the stipulated agreement.

Secondly you require a reasonable amount to carter for your TCurrency. Put that into consideration.

Thirdly with TCurrency License your ECA products will get more exposure and affiliates
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5012 votes
Ronilo Saguit, Aff (Philippines) Top Author Forum Guru 9/1/2014 6:14 pm
Affiliate since: 08/06/2012, Power Rank: 99999999 | Read Ronilo's 408 other Ask SC answers
The purpose of TCurrency is to provide more ways for affiliates to transact in SFI. These is very useful for affiliates who don't have credit cards and/or paypal account.

These is very necessary for countries without paypal and their credit cards are not accepted internationally like in most African countries.

Note that your customers for TCurrency are only from your country because that is the reason why it was created.

With this in mind your increase on sales as
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5000 votes
Fran Jones, Aff (Georgia, US) Top Author Forum Guru 9/1/2014 2:38 pm
Affiliate since: 01/22/2013, Power Rank: 99999999 | Read Fran's 122 other Ask SC answers
Hi Randy,

Getting a TCurrency Licence really depends on how easy it is for your team or for other affiliates from your country to receive T-Connect. If you find that it's hard to get TCurrency then this may be a good decision for you.

When you sell TCurrency as a licensed TCurrency provider, you will be able to sell for the face value of the TCurrency plus up to 15%. For example: You purchase $50 in TCurrency from an ECA whose rate is 4%, your cost for $50 in TCurrency would
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4992 votes
, () Top Author Forum Guru 9/2/2014 3:41 am
Affiliate since: 12/31/1969, Power Rank: 99999999
The only way to obtain a real answer for if a TripleClicks License would increase your sales is to find out if there is a market for the Tcredits in your area. Do a survey and get as many people as possible and ask them the following...

1. Are they interested in shopping online?
2. Are they interested in participating in online auctions?
3. Are they interested in using the TripleClicks stores?
4. Do they have the means to make payments online?
5. Do they know
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4991 votes
Esiet Itam, Aff (Nigeria) Top Author Forum Guru 9/3/2014 2:39 pm
Affiliate since: 07/15/2014, Power Rank: 99999999 | Read Esiet's 1 other Ask SC answers
Tcurrency will definitely boost your sales.how? it all depends on your offer.
Recently, i found two Local pay merchants in my country, offering different tcurrency prices. i found the first one quite expensive, the other one offered me incentives of an EA status at the end of the month, helping me to maintain my EA status for the month. so, also, it applies to you. weigh your odds against the opposing market and base your results on that.
Today the second local merchant i told you of,
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4945 votes
Sanjeev Kumar, Aff (India) Top Author Forum Guru 9/3/2014 7:30 am
Affiliate since: 07/21/2014, Power Rank: 99999999 | Read Sanjeev's 10 other Ask SC answers
Good Question, it will help the people finding problems in transferring funds online.
Most of the people in the world don’t know how to use their Credit Card/ Debit Card, online banking or mobile banking to transfer their fund internationally and who those know always afraid of hijacking their accounts. This is the biggest reason where they hesitate doing online-shopping; if they come to know that the easily and confidently transfer of money can be done by ‘local pay pal’ they definitely
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