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Just got off the phone with them....They say they will pay 2x a month for a payment period.
For example, the girl on the phone said for April 2005, you will be paid on June 8th and June 22nd.
The reason for the two paydates is for slow paying merchants or something like that.
This is what makes PPC really hard for an affiliate, I'm already half way into my second billing cycle and haven't been paid for the first.