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Taboola Payment Method (7)

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Hey Everyone

I am a U.S. based Taboola Media Buyer. I run U.S. based campaigns using credit cards as my form of payment. In June, I was told that I needed to apply for a line of credit (from Taboola) or shift to pre payments. We have used credit cards up until this time and never had an issue. So because we had no choice, we applied and received a very small line of credit, which would definitely hamper our ability to scale (we had to apply for the credit through our company instead of our personal credit). Is anyone else going through this issue? If so, what are you doing to increase cash flow. I appreciate your help, as we are starting to scale up (after what has been a tough year) and are not sure what to do. Thanks

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That’s… very strange.

I have an account with like 20 sub accounts on it and they all use different credit cards, some with moderately large daily spend ($8k-$10k daily). Was never suggested that I had to switch to using their credit line.

I’d tell them to pound sand if it limited my daily spend. How small a line are we talking. And… why on earth would they do that?

They removed the bullshit 2.5% surcharge for using credit cards, so now perhaps they’re feeling a bit of pain, but still. Even if they batched payments on their own line of credit, it’s still a % and wouldn’t change the amount.

Maybe there is something I’m missing.

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My understanding is that they plan to add a 3% surcharge to credit card payments starting August 1st.

They might offer different companies the following options:

Automatic Billing - When you spend $100 they will charge $103.

Prepayment - Pay with wire (ideally without any or with low fees), or prepayment with CC, that will still incur fees (pay $100 and get ~$97 in available funds).

Monthly Limit - A credit line, which I only assume they don't approve to everyone and every credit amount requested.

Then again, maybe this concerns only to Europe, and US has different terms?

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Lol. They just removed it last August. So, just going back to normal. My guess is they don't like covering the cost of the fees, not worth it for them during a recession.

This is how most account start out unless you tell them. If you're spending more than $2k a day, 20 x $100 payments in one day will fuck up your credit card and you'll start getting declined. Best to ask support to raise it to $2500 amounts or more.

Dunno. I'm in the US. But I doubt it. They're based in Israel (and have some office in US) but credit card fees are pretty universal. Outbrain and recvontent still charge the 3%.

I think MGID still doesn't charge a fee, but I could be wrong.

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Just got the memo. You're definitely right. They're re-instating the 3% CC fee.

Guess they were losing too much money since they got rid of it and the economy tanked.

Time to ask the age old question... take the 3% hit and continue earning tons of Amex points, or fire up my old transferwise account to save $2000 a month on $60k adspend?

I know which one makes more sense logically, but...

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Are those Amex points worth $2000?

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Probably depends on how you use them, but in general: Hell no.

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