How do automated payouts work at Reditus?
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Clients asked us to take affiliate payouts off their plate, along with the tax complexity attached to them. So we built automated payouts.
Automated payouts are available in our Scale Up plan.
How Normal Payouts Work
See the full article on payouts for the detail. In short:
- Affiliates generate commissions.
- Commissions accumulate, and the affiliate surpasses the threshold you set.
- Payouts are created on the 1st of the month.
- You pay out the affiliates yourself.
How Automated Payouts Work
The big difference is that we do the payouts on your behalf. Everything leading up to that stays exactly the same.
- Affiliates generate commissions.
- Commissions accumulate, and the affiliate surpasses the threshold you set.
- Payouts are created on the 1st of the month.
- We charge your payment method or send an invoice for all payouts to be done.
- A fee is added to cover banking costs.
- We pay out the affiliates on your behalf.
- We update your dashboard, so you can keep track of everything inside Reditus.
If an affiliate has not added a payment method, we follow up with them.
Benefits of Automated Payouts
- Your team stops spending time running payouts.
- You receive one invoice, and it comes from Reditus.
- Tax compliance is off your plate, since we pay out the affiliates.
- Volume does not create work. More commission costs you no extra time or effort.
- Affiliates get more flexibility in how they are paid: PayPal or IBAN.
- Affiliates are always paid on time.
Automated payouts are available from our Scale Up plan.