PLX LoadXtreme Update: Minimum Maintaining Balance

Although I dispose or retail electronic loads, I seldom use my mobile phone since I prefer to use the online loading facility. Last Oct. 24, I needed to use my mobile phone for international messaging so naturally, I turn to my loading account. Unfortunately, I received a message saying that I am below the maintaining balance of Php500.00 for dealers.

Before the said event, LoadXtreme services was unaccessible for about 2 days. I presume the 2 days were used to update LoadXtreme's system to accommodate the recent policy changes. This is my own presumption since I am aware how it is to implement new changes on an existing system. Is my presumption true? Those who have limited or no knowledge at all regarding technical issues, will they understand? Can't LoadXtreme create a redundant system where such changes can be tested such that there will be no downtime on their services?

Well, that's an unannounced policy change again on the part of LoadXtreme. I wonder how many policy changes are they going to implement in the next days.

Full advisory for maintaining balance below. I have not fully digested the contents but I know that the charges applied - Php5.00 for retailers and Php25.00 for dealers - per calenday day that the account is below the maintaining balance is considered exorbitant. Even banks do not charge that much.

NEW POLICY ON MINIMUM MAINTAINING LOAD WALLET BALANCE(10/28/2007)

To our valued Retailers and Dealers:

Please be advised that starting immediately, the following amount of maintaining balance in your LoadXtreme Load Wallet should be observed to continue availing of our services:

• Retailers – P100

• Dealers – P500

Within thirty (30) calendar days from the date of registration in LoadXtreme, new or prospective Dealers and Retailers will be restricted from dispensing prepaid products against their load wallet when their balances fall below P500 and P100 respectively.

After the 30-day period, Dealers and Retailers shall be allowed to fully use their load wallet balances even when they fall below the minimum maintaining balance requirement. However, a corresponding fee of P5 (for Retailers) and P25 (for Dealers) shall be charged for every calendar day that the load wallet balance is below the required minimum. Should an account reaches zero (0.00) balance, the system will deactivate the said account in the LoadXtreme database after thirty (30) calendar days.

Dealers and Retailers who registered on or before October 26, 2007 and have load wallet balance falling below the required minimum maintaining balance shall be restricted to fully use their load wallet balance until November 5, 2007. After the said date, their balances may be fully accessed and consumed subject to the minimum maintaining balance policy as stated above. This is in view of improving our services to better serve you and our clients.

Please watch out for further announcements.

LoadXtreme Limited Discounted Dealer's Kit

From October 1, 2007 to October 15, 2007, interested parties to become LoadXtreme Dealers can get the Dealer's Kit for only Php8,000.00 instead of the original Php16,000.00

The LoadXtreme Dealer's Kit (Php8,000) comprises of the following
30 pcs LoadXtreme Posters (replacement of the Php30.00 PLX Load)
30 pcs pricelist
30 pcs Retailer cards
30 pcs brochure (Retailer Guide)
1 pc Tarpaulin
1 pc Guidebook
1 pad Aviva Certificate
Php200,000 Accident Insurance
1 Free SM Shopping Card


You still have a few days more to get your own Dealer's Kit. In case you need assistance, contact details are posted at the sidebar.

LoadXtreme Retailer Kit Free P30 Load Replaced

In line with Portal Innovation Company's (LoadXtreme) continous improvement providing quality service to its members, the original Free Php30.00 for every retailer kit is being replaced.

A copy of the announcement posted on LoadXtreme's website is posted below for reference.

To add more value and long term benefits to Dealers and Retailers, we would like to announce that effective October 1, 2007, all FREE 30 PLX loads contained in every unregistered Retailer kit shall be removed and will be replaced by Merchant Tie-up Discounts.

It should be taken into consideration that the FREE 30 PLX loads that are automatically loaded each time a Retailer account is registered, is originally intended to let the new Retailers test the system with regards to capability to dispense loads. And since LoadXtreme is already in its third year (since October 2004) and Portal has been providing universal loads for more than four years already, the original purpose of the FREE load has already been met. LoadXtreme has reached its maturity and its technology has shown its reliability when it comes to dispensing loads.

As a replacement to the FREE loads, Marketing is already finalizing the list of Merchant tie-ups that would entitle each card-carrying member to outright discounts from participating products and services.

The merchant tie-ups would provide long term benefits to LoadXtreme members as discounts far outweigh the one-time benefit brought by the FREE 30 PLX test load.

October Promotion

If you are interested to be a LoadXtreme retailer at no cost - FREE, no initial investment, no need to pay the membership fee - or just want a personal discount card for your mobile phone then check this out.

I am celebrating my birthday this October and I decided to give away 5 personal discount cards or 5 LoadXtreme retailer kits for free. The only requirement is you must be able to make at least 100 quality posts at Mobile Phones and Business Forum.

This promotion will last until October 31, 2007. If more than 5 members will qualify, it will be raffled off who will win and awarding will be done on November 1, 2007.

Goodluck everyone :)