As soon as your network starts generating sales, affiliate orders and conversions will appear on your Dashboard and the Conversion Page (woo-hoo!). You’ll need to pay affiliates based on your terms and conditions, and you’ll do that directly from Refersion.
For automated payments and tax management:
Unified Payments: US-based businesses whose commissions are in USD can sign up for Unified Payments to take advantage of automated payments to affiliates as well as tax management. You can click here to learn more.
Unified Payments Payout Schedule:
First Monday of Each Month: Funds are withdrawn from your linked account into your Refersion wallet.
Second Tuesday after the First Monday: Payments are issued to affiliates after wallet funding. This will usually happen on the second Tuesday of the month, but may occasionally happen on the third Tuesday of the month.
How to Set Up Unified Payments for Merchants:
Log in to your Refersion account.
Navigate to the Unified Payments tab in your dashboard.
Click on 'Opt in' and follow the prompts to complete the setup process.
How to Set Up Unified Payments for Affiliates:
Affiliates need a verified Marketplace account to start managing their payouts with Unified Payments.
Use the 'Getting Started with Unified Payments' guide for affiliates to set preferences.Unified Payments is a streamlined tool for managing affiliate commission payouts directly from your Refersion account. Payouts are automated, reducing manual oversight and ensuring timely payments. Additionally, merchants can access a convenient monthly payment schedule for greater efficiency.
Two additional payment methods you can set up in advance:
PayPal Payouts: Refersion integrates with PayPal Payouts to make paying affiliates easy. Learn how to set up PayPal Payouts.
Trolley: With Trolley, you can route payments to an affiliate's bank or PayPal account in bulk. Trolley also securely stores tax information you’ll need at the end of the year. Learn how to set up Trolley.
Two other ways to pay affiliates that don’t require any advance setup:
Gift Card via Email: Create a gift card in your store and provide the gift card code during payment. Refersion will send an email with the gift card to your affiliates, and the affiliate will be marked as Paid. If you're on Shopify Plus, then we can help you automate gift card payments to your affiliates! Please reach out to us for assistance with enabling this feature.
Manual Payment: You can also pay the affiliate outside of Refersion (wire transfer, check, Venmo, etc.), but be sure to mark them as Paid in Refersion so your reporting is accurate.
Once you’ve settled on the method that works for you, you’re ready to learn how to pay affiliates.