New service now available for paying affiliates

For the last several months we have been teasing the launch of a new service built to make paying your affiliates significantly easier. Today we are thrilled to announce that it is officially here alongside the release of AffiliateWP version 2.4!

Since 2014, one of our goals with AffiliateWP has been to make setting up and running your affiliate program quick and easy. Even though we’ve succeeded at this goal very well, there’s always been one major challenge site operators face with their affiliate programs: paying their affiliates.

The reality is that it has simply been way too difficult to pay affiliates their earnings, in AffiliateWP and all other self-hosted affiliate platforms.

A little over a year ago we set out to solve this problem so that yet another part of running affiliate programs could be made fast and easy for site owners. Today we have released AffiliateWP version 2.4 and with it a new Payouts Service.

AffiliateWP now includes a simple, affordable, and complete payouts service that allows you to pay affiliates directly to their bank accounts or debit cards in more than 30 countries.

How it works

The payout process is simple:

1. Connect your site to the Payouts Service from inside AffiliateWP
2. Your affiliates register to be paid from inside their Affiliate Area
3. You or a site admin initiates a payout from inside AffiliateWP
4. An invoice is sent from Sandhills Development, LLC, for the total payout amount + processing fees
5. The invoice is paid by credit/debit card or an ACH transfer
6. Funds are automatically dispersed to affiliate accounts in 3-14 days

See our documentation for a complete guide on connecting to and using our Payouts Service.

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Pricing and introductory discount

Processing payouts to the 30+ countries we support is a complex process and incurs a number of fees along the way, but we’ve made this pretty simple, and we’re including a special introductory discount.

We charge a 3% fee and Stripe, our processor, charges a processing fee based on the country funds are paid to.

Your total cost: ${payout total} + 3% + {processing fee}.

You can see estimates and more detailed pricing details here.

Throughout the end of 2019, however, we’re making this even better: zero fees. Until January 1, 2020, there are zero fees for sending payouts through our Payouts Service.

Benefits of the service

International support

With the payouts service now built into AffiliateWP, you can pay affiliates directly to their bank accounts with direct deposit, supported currently in 31 countries and 130+ currencies. See the complete list of supported countries here.

Fast processing

Payout processing varies based on the country the funds are being sent to. For affiliates in the U.S.A, funds are deposited in 2-3 days. Affiliates in other countries will receive their funds in 7-14 days.

Affordable pricing

Large affiliate networks often charge upwards of 20% for payout processing. We charge a low 3% fee along with Stripe’s processing fee. The total cost to pay your affiliates is ~6% of the payout total. See our detailed pricing.

1099 delivery

For U.S. based affiliate programs, we take care of the delivery of all 1099 forms required by the IRS for affiliates paid through the service.

Effortless payouts

Forget about using PayPal and never again spend hours going through tedious CSV earnings reports. With this service you can calculate affiliate earnings and send the payouts in three minutes or less, directly from inside AffiliateWP and your WordPress admin area.

If you have any questions or comments about how the service can be used to pay your affiliates, do not hesitate to ask! See our documentation for a step-by-step guide on connecting your site to the service and issuing payouts.