With Refersion Pay, affiliates can receive monthly commission payments directly to their bank accounts from the brands they partner with, providing consistency to payments that they can rely on.
In order to start receiving direct monthly payments:
The brand you’re working with must have Refersion Pay enabled as a payment option.
You must be a US-based affiliate with a US-based bank account.
Important Note: Not all brands participate in Refersion Pay so you might still receive payments via other payment methods for certain brands.
How it works
You can sign up to receive payments through Refersion Pay from your affiliate portal, or brands may invite you directly via email.
The sign-up process consists of two major steps:
Entering your tax information, which will allow us to generate your annual 1099.
Entering your bank information to receive payments.
From the moment you’ve signed up all of your approved conversions will be added to Refersion Pay and queued up for future monthly payments on the day of the month specified by the brand.
Please note: if you have commissions due before you enrolled in Refersion Pay, those commissions may be paid out by your existing payment method.
After your first monthly payment through Refersion Pay, you can expect future payments on the same day of each month where you have a commission balance due to be paid.
As is the case now, the partner you’re promoting for will have a window in which to approve all valid conversions; in certain cases, they may also hold payment for a small time to account for product returns.
With Refersion Pay merchants will be prompted to approve all valid conversions within 90 days so you can expect payment intervals to be regular.
Getting started is as easy as completing a tax form and entering your bank information.
When you log in to your affiliate dashboard, you’ll notice a banner at the top prompting you to add direct monthly payments as a new payment method. Clicking the link in the banner will bring you into your tax information settings.
Refersion partners with TaxBandits to help provide 1099’s to you at the end of the tax year so that you can file your commission earnings with the IRS. Before you can enter your tax information, you’ll need to read and accept the Refersion Pay Affiliate Terms of Service and the TaxBandits license agreement. Click View and Accept Terms to read through the terms, clicking the checkbox after review and the Accept button for each set of terms.
Next, click Add Tax Form and complete the form that best matches your tax status. You may complete the form as an individual or business, as appropriate. When you’ve completed the form, you can download a copy for your records. Click Go Back to move on to the next step.
For payments, Refersion partners with Rapyd. You’ll need to read and accept the Rapyd Checkout User Terms of Service before you can enter your payment information.
Once you’ve reviewed and accepted the terms, click Add This Method. As a reminder, you must be a US-based affiliate with a US-based bank account to participate in Refersion Pay. You’ll see a popup like the one below asking you to confirm this information before adding your bank information.
Upon clicking Yes, Continue, you’ll be given the option to connect a personal or business bank account.
Finally, you’ll enter your bank information and provide a form of ID from the list of options provided on the setup screen.
That’s it! Once you’ve added your bank account information you may need to wait between 3 - 5 days before you’re all set to start receiving direct payments. You’ll receive an email letting you know once everything has been verified.