They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
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According to the company’s own website, it has millions of active members using the website. Since 2006, it has paid over $25 million to members and counting through its subsidiary SendEarnings (launched in 2005). Profits and expansion have occurred in every year since inception with the company branching out to the UK with its InboxPounds service in 2012. Today it has over 30 employees.
Brands spend a lot of money on creating products and services. But a lot of that time and money is wasted because these offerings end up not meeting consumer needs. Insert InboxDollars, a market research company. Companies like InboxDollars act as a bridge between product makers, service providers, and consumers. People like you and me get to get extra money to take surveys and give feedback, while the companies learn how to make better products. Rather than seek out feedback directly, they enlist a company like InboxDollars to get our feedback.