Get Your Affiliate Payments Faster

Fast cars, fast internet and fast food… like everything else, we want it fast, and if your affiliate network isn’t delivering fast monthly (or weekly) payouts… they are way behind. While many affiliate networks are just starting to offer payment methods outside of the traditional checks by mail, many others have been sending faster payments through paypal, Direct Deposit and wire transfer for a while now. Like many affiliate networks, big programs like Google Adsense and Yahoo Publisher Network, both offer payments by Direct Deposit. There are several advantages to receiving your earnings by direct deposit or paypal vs. waiting on your monthly check. Here are a few reasons why…

Payment by Direct Deposit / Wire Transfers
- It sounds simple enough… and it is! Provide your affiliate network with your bank account information and instead of receiving a check each month, the company will directly deposit your payment every week or month depending on the programs.
PROS: No waiting for checks and having to deposit them at the bank.
CONS: Some banks charge a fee for direct deposits and wire transfers. However, if you have a contact or a big enough account at the bank, you can usually have these fees waived.

Payment by PayPal
- Even though paypal has been around for years and used by millions, it still isn’t accepted or used by all affiliate networks. Payment through paypal is instant, but as the receiver of money, you will have to lose a percentage to use their service.
PROS: Instant money. From paypal you can send the payment directly to your bank account, or send it to another advertiser or location of choice.
CONS: If you are going to accept large earnings through paypal, you are almost better off waiting for a check looking for an alternative method for payment. Premiere Business paypal accounts are charged around 1.9% to 2.9% + $0.30 USD per transaction.

Direct Deposit and wire transfers may seem like the bets options for affiliates, but it doesn’t come with out a cost. Most affiliate networks will only pay out on a weekly/monthly basis through direct deposit, if you are pushing some nice volume through their network. Here are a few of the networks minimums for wire transfers.

Market Leverage Wire Transfers
$1,000 Weekly
Copeac Wire Transfers
$1,000 Weekly
NeverBlue Ads Wire Transfers
$1,000 Weekly
RocketProfit Wire Transfers
$10,000 Weekly
Wire Transfers
$5,000 Monthly
Hydra Network Wire Transfers
$20,000 2x Monthly
Rextopia Upon Request / Approval

What type of experience have you had with affiliate networks and making the change over from CHECKS to Direct Deposits and Wire Transfers?

[This post is covering part one of the "Five Reasons Your Affiliate Program Sucks" series, and is focusing on "Direct Deposit / Wire Transfer & Paypal".]

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25 pieces of wisdom given by ye faithful
  1. Dustin said on July 28th, 2008 at 5:52 pm

    Great writeup. Many of my affiliate networks are set to pay via direct deposit because of how fast it is. Usually takes a day or two for me to receive payments, but some places like ML pay me by check, only because I’m not pushing enough volume. The fact that they still send a FedEx 2-day check is a bonus :)

    Reply
  2. CreatingRevenueOnline.com said on July 28th, 2008 at 6:54 pm

    I love direct deposit for my affiliate payouts. Paypal takes too much for what little they offer and god forbid that someone files a complaint on you from eBay. You might find your account frozen and your affiliate payments bounced. Stick with direct deposits.

    Reply
  3. Brandon said on July 28th, 2008 at 7:27 pm

    Hydra will move on that payout threshold if you have a relationship with your AM there.

    Reply
  4. Start Blogging said on July 28th, 2008 at 9:04 pm

    Nice post. The only downside to both methods is fees, fees, fees. Gotta hate ‘em.

    Reply
  5. Jeremy Waller said on July 29th, 2008 at 12:26 am

    I didn’t realize that Market Leverage did wire transfers. I’m actually not too far away from the $1,000/week mark. Do I just contact my Publisher Manager about this?

    Reply
  6. DotDriven said on July 29th, 2008 at 1:13 am

    I like direct deposit most as it gets where I need it fast and almost always without problems. But it’s actually kind of nice to have various payments come in different methods. The bulk of it for me is direct deposits. But some are checks and others are paypal. Having a paypal debit card makes getting paypal payments almost as convenient as direct deposit as long as the fees don’t bother you much. And checks are always a nice way to build up a nice deposit once a month or so and it’s still nice to see printed checks for some reason lol.

    As mentioned above, Market Leverage makes it a point to get you your checks fast which is a nice extra and helps them stand out.

    What you need to write up now, Zac, is about the specific networks that are slow to pay or those that seem to always find ways to deny payments ;).

    Reply
  7. Eva White said on July 29th, 2008 at 3:34 am

    And I thought I was the only one having trouble with checks from affiliates!

    Reply
  8. Eva White said on July 29th, 2008 at 3:38 am

    On second thought I guess everyone must have experienced a”The check’s in the mail” situation some time or the other.

    Reply
  9. Web Services India said on July 29th, 2008 at 4:35 am

    I’d love to get my affiliate payouts by direct deposit as it is very fast. you need not get your check deposited in the bank and wait for a long time.

    Reply
  10. Make money said on July 29th, 2008 at 5:40 am

    I prefer paypal payment as it is widely accepted and easy to use.
    If the affiliate network sends payment via “mass pay” feature of paypal, it costs $1 only to the network, while no fees for the receiver.. This is what TLA and other big network does.

    Reply
  11. spidro said on July 29th, 2008 at 5:53 am

    i get most my affiliate payment through direct deposit ,

    Reply
  12. Stropp said on July 29th, 2008 at 6:48 am

    Zac, I know you are writing for predominantly US and North American readers, but I was wondering if you could tell me how this applies to the international affiliates of these companies.

    Do they still wire transfer, or do they require larger cashout amounts to do so?

    Reply
  13. Geiger said on July 29th, 2008 at 10:16 am

    You didn’t mention ACH transfers. They are by far the cheapest.

    Reply
  14. Zac Johnson said on July 29th, 2008 at 11:18 am

    Yes. If you have questions about wires or payments from any network, your affiliate manager should be able to hook you up.

    Reply
  15. Ruthie said on July 29th, 2008 at 12:35 pm

    I was just about to say that. EPN pays via paypal, and I’m never charged a fee.

    Reply
  16. Scot said on July 29th, 2008 at 8:06 pm

    ACH is a wire payment isn’t it?

    Reply
  17. indocontest said on July 29th, 2008 at 11:11 pm

    I Live in Indonesia. Try 4 banks before i find the one that accept ML Checks. :(
    not to mention the fees around $30. :((
    But still FedEx 2-day check is nice.:)

    Reply
  18. Stropp said on July 29th, 2008 at 11:15 pm

    My bank (in Australia) charges A$10 for each foriegn check deposited. It looks like Paypal is the cheapest option.

    Reply
  19. Syed Balkhi said on July 30th, 2008 at 2:21 am

    Paypal to me sounds like a good option, but I would prefer to get my google adsense via direct transfer. Same as CJ ;) you know why :P

    Reply
  20. Mayank Rocks said on July 30th, 2008 at 10:11 am

    Paypal has always been the best choice for me :)

    Reply
  21. simon said on July 30th, 2008 at 3:05 pm

    i really don’t understand that NeverBlueAds doesn’t have ACH payment, they should have!!!

    Reply
  22. simon said on July 30th, 2008 at 3:06 pm

    nop, wire is manual and you have to pay a fee $20-$35, and ACH is 100% automatic and free of charge.

    Reply
  23. indocontest said on August 4th, 2008 at 10:37 pm

    Market Leverage pay with wire transfer now, starting for July payment. :)

    Reply
  24. Billy said on August 15th, 2008 at 7:48 pm

    yeah fees are always the killer

    Reply
  25. edmond dantes said on November 3rd, 2008 at 6:10 pm

    we started using http://www.webmasterchecks.com to cut our checks, send wires, direct deposits, paypal, etc to our affiliates, dont know why this seems to be such a problem for most.

    Reply
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