X Money payments are currently paused while we work through payment issues. Existing balances remain safe and fees will continue to accrue. A web portal for claims will be available soon as an interim option while we restore full payment service. Weโre committed to getting payments running again as quickly as possible.
Fees claimed through UsePaid in the last 24 hours: $1.54M. That is 26x the day before, and more than the previous 7 days combined.
Due to overwhelming support and ACH deposits not crediting over the weekend, weโre temporarily capping payouts at $750 per person per day until ACH lands on 9/28.
This helps keep payments moving to more recipients, rather than concentrating funds among those with the largest balances.
Any remaining balance will stay owed to you. We plan to restore normal payouts on Monday once the ACH deposits arrive.
11 days in. This is the start.