Velti's Mobclix Starts Supporting Cash Advances For Mobile Developers

For developers who are looking to get paid more frequently from mobile advertising networks, Velti’s Mobclix is providing cash advances on a two- and four-week basis for a fee.

The company is launching an advanced ad payment program, which lets developers get paid every 15 or 30 days instead of waiting for as long as three months.

The advances come at a cost, naturally. If a developer chooses the 15-day version of the program, they must pay a fee of 10 percent of all monthly revenues earned.

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