Day 29 - How Will you Get Paid?
Define your payment platforms
We reached day 29 and what do we have?- A domain name
- A web host
- A site template, graphics and content
- A website up and running
- An autoresponder and some subscribers
- The ability to analyze our traffic
- Some social media accounts allowing us to promote our work
- Some affiliate programs that enable us to make money
Wow! What a work! However we're not finished yet. There are two days left... And it is time to go a little further.
How do affiliate platforms pay?
First let's take a look at how affiliate platforms such as Amazon, Commission Junction, Share A Sale and others pay their affiliates - because you want to be paid, eh...
The platforms mentioned above all pay either by check or bank wire. So when you apply for an account, you must provide them with both your physical address and your bank account number (if you want to be paid through bank wire).
For US citizens there it not a lot of problems when it comes to be paid by those platforms. However for anyone living outside of the USA it is another story. Most of the time, they will pay you by check, which implies that you are going to have to pay fees on your earnings and set your minimum withdrawal to a higher rate.
There is a way to avoid this problem. For platforms like Amazon.com, Commission Junction, IStock, ClickBank, and many others - the list is quite wide as ALL American companies can now pay you through this means - the solution is Payoneer - a payment solution that is meant for those of you that can't get paid through bank wire because of their country isn't the USA. When you apply for a Payoneer account, you are provided with a prepaid debit MasterCard that you can use worldwide.
And even if you are in the US a Payoneer account can come in handy as your Google Adsense earnings can be paid on this account. Note that Google doesn't offer this service to outside of the US residents.
Applying for a Payoneer account is quite easy: you sign up, you fill the form, they send your card and set up your American bank account, once you get the card at home, you activate it and you can start getting paid.
In addition, when you refer people to Payoneer, you can get $25 once they reached $100 in payment while they also get $25. Nice little gift, eh.
Paypal payments
However some other platforms don't work that way. For example, Share A Sale doesn't pay through Payoneer. But they made it easy for those in the European zone to pay through bank wire WITHOUT fees!
Other platforms will pay you through Paypal. For this you need a Paypal account. This account must be linked to a bank account or a credit card.
Setting a Paypal account can come in handy in the event that you create your very own product that you wish to sell. Your customers will thus be able to buy directly from your site and the comfort from their home.
Isn't life beautiful?
See you later for day 30.
Posted by Holly Day
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