AdHitz has been operating in the online advertising business for nine years but because high over-head costs has decided to end its operations. The following is a brief letter they wrote to both publishers and advertisers on the platform…
Members, this announcement is to notify you that on December 1st, 2017 AdHitz will be going offline permanently.
With the loss of Paypal in March of this year and with our close affiliation with PTC, it has become it’s extremely hard to operate this business. We did try to get different merchant accounts but because of the high risk nature of our business, the cost per transaction rate was much too high and it would not be feasible for us to offer this form of payment.
Along with this, the upcoming changes to European privacy concerns (GDPR) we feel it’s best to take AdHitz offline. We want to thank each and every one of you for a very successful 9 years in business and we wish all of you continued success.
We will stop all active site and network ads on November 30th and we will stop selling advertising and allowing new websites immediately. We will issue refunds for any remaining balances of these campaigns. All payments will be completed on or shortly after December 20th, 2017.
The AdHitz Team