Discover the world of Video Communication with MyVideoTalk!
FAQ’s
Do I have to meet a monthly volume requirement to earn commissions in the weekly
compensation plan?
There is no monthly requirement in order to receive weekly commissions.
What is Banking Volume ?
Company allows you to keep or bank volume earrned in your group until you have accumulated enough volume to trigger a team commission cycle bonus. Volume is not flushed at the end of the pay period or at the end of the month, but banked until you earn a team commission cycle bonus check. Once a team commission cycle bonus is triggered, any volume left over and not used is then banked and used towards the next team commission cycle bonus . This is provided that you remain with active status.
When do I start banking volume?
Once you have one personally sponsored representative on a leg with at least 120 PSV, you will start banking volume on that leg. The same applies to the other leg. When you have one personally sponsored rep on the first leg, your status is Producer. When you have at least one personally sponsored rep on each leg with at least 120 PSV, your status is Team Builder. You must remain active to continue banking volume.
What is the Fast Start Retail Bonus?
A $50 Fast Start Retail Bonus is paid on the sales volume generated by the personal sales of either
MyVideoTalk Studio Packages. There is no limit to the amount you can earn in Fast Start Retail Bonus!
*India Representatives will receive a $15 Fast Start Retail Bonus on India Studio Packages.
What is the Team Builder Bonus?
Once you enroll 2 representatives, one on the left and one on the right, who make sales/purchases of at
least 120 PSV you are qualified to hold volume in each team leg as long as you remain active and you are
now also eligible to earn Team Builder Bonuses. A $25 Team Builder Bonus is paid on the sales volume
generated by the sale of every MyVideoTalk Studio Package. This bonus is paid to the first Qualified
Team Builder above a personally enrolled representative in the line of sponsorship.
*India Representatives will receive a $10 Team Builder Bonus on India Studio Packages.
How do I earn the Executive Bonus?
You achieve Executive status once you help 2 personally sponsored representatives achieve Team Builde
status (one on the left, one on the right). Once you achieve Executive status, you will receive a $200
Executive Bonus.
*India Representatives will receive a $125 Executive Bonus, Once you achieve Executive status.
How is a team commission bonus calculated?
A team cycle commission bonus consists of 360 WSV on one leg and 720 WSV on the opposite leg. It
does not matter which leg the 360 WSV and 720 WSV are on, meaning that one time the 360 WSV may
be on the left and the 720 WSV on the right and the next time this may be reversed.
How much do I earn on each team commission bonus?
For each team commission cycle bonus you earn $100. The company then matches this with a Matchin
Bonus profit sharing check of up to fifty (50) percent, so you earn up to $150 for each 360 WSV / 720 WSV combination in your group.
How often are commissions paid?
Commissions earned in the weekly compensation plan are paid weekly (every Wednesday) with a one
Week lag. For example, commissions for the week from the 10 through 16 will be paid seven days later on the 23 .
How will I receive my commissions?
Commissions earned are paid directly to your Global Paycard.
*India Representatives are paid directly by company check and mailed to their address.
Payment Options for New Representatives
Credit Card
To access the payment by Credit Card option, click on the credit card logo icon on the
payment option page. Follow the instructions located there. The charge on your credit
card statement will list Team Effort International as the merchant.
MoneyBookers
Payments are accepted via MoneyBookers. Their website is www.moneybookers.com.
The email address you will need for the company for this payment option is
support@mvtcorporate.com
PayPal
Payments are accepted via PayPal. The email address you will need for the company for
this payment option is support@mvtcorporate.com.
India Bank Payments
ICICI Bank
E- 568, Greater Kailash II
New Delhi 110 048
Account Name: My Video Talk Technologies Pvt. Ltd.
Account Type: Current
Account Number: 031105000908
MICR Code: 110229041
RTGS Code: ICIC 0000311
To pay by Demand Draft:
Please deposit at any branch of ICICI Bank and mail or courier the ORIGINAL bank
receipt (print your MVT ID# on it) to the MyVideoTalk India office.
MyVideoTalk Technologies Private Limited
E-302 , ( G.F.) Greater Kailash II
New Delhi 110048, India
To do an Online Transfer:
Please note that ICICI Bank RTGS code is ICIC 0000311
How do I join MyVideoTalk?
•Step 1: Go to Registration Page Submit details and register
•Step 2: Make initial payment of Rs 9500/or, as much as required for the no. Of packages you wish to take.
•Step 3: Make your payment to
ICICI Bank
E- 568, Greater Kailash II
New Delhi 110 048
Account Name: My Video Talk Technologies Pvt. Ltd.
Account Type: Current
Account Number: 031105000908
MICR Code: 110229041
RTGS Code: ICIC 0000311
•Step 4: Register at Global Help Desk page.
•Step 5: Raise a ticket for service activation giving the branch code/branch no. where you have deposited the investment amount
•Step 6: Team Benefit : Register at http://mvtteam.mysuccessmantra.com/
with your MVT Id to receive updates, training and personal guidance from my team.
Annual Renewal Fee
There is an annual renewal fee of $50USD that is due exactly one year from the date that
you joined.
Application Form For New Members
For any other queries feel free to write to myvideotalk@mysuccessmantra.com
