Getting Paid As Affiliate
Here's what you need to know on how to get paid as an affiliate partner.
Stacklii Affiliates: Please keep in mind that there are transaction fees involved and that the amount paid to you might not correspond to the amount that clears in your account. We pay the agreed upon amount that is set out by your commission structure.
Affiliate Account And Payout Settings
Adding and Updating Your Personal and Billing Information as an Affiliate
In your affiliate dashboard, head over to the "Settings" tab in the left hand menu.
Follow the steps to complete all your information, and please ensure that it is always accurate and up to date.
Payment Options
You can either get paid via your bank account, or via PayPal.
PayPal
PayPal fees are 0.35 USD + up to 3.4% on local transactions and 0.35 USD + up to 4.9% on international transactions. (May 2023 numbers)
Bank Transfer
Fees will be different for each bank account. You are welcome to contact your bank and find out what the costs would be for an international transfer being paid from a USA bank account.
Affiliate Payouts
Payout Dashboard
Understanding your affiliate dashboard.
Current Balance: Your current balance not yet requested or paid.
Locked Balance: Balance awaiting the 30-day release period after a subscription is made.
Available to Withdraw: Balance available for withdrawal
Payout History: Your past withdrawal requests and payments will show here.
Requesting A Payout For Your Commissions
When you have funds available for withdrawal and want to request a payout, go to the Affiliate Payouts menu and click on the "Withdraw" button. Follow the steps to request the payout of your commissions.
Once you request a withdrawal, please allow 5-10 business days for the funds to arrive in your account. The payment process is not automatic. We have to process the payment manually, and the bank transfers also take some time.
Payout Thresholds
Minimum Payout Threshold
Funds "Available to Withdraw" (as indicated above) must be $100 or more before a payout can be requested.
Locked Balance
Any "Locked Balance" funds (as indicated above) will only be available after the 30-day lock period.
Example of the Lock Process and Available Payout
The Business plan subscription for your affiliate user is $49/month. Your commission as an affiliate partner is $14.70 (at 30% commission).
When a new user signs up using your affiliate link, the $14.70 is locked for 30 days.
After 30 days, the $14.70 will become "Available to Withdraw". However, this does not mean you can request a withdrawal yet, as there is still one more threshold.
When that user's commissions total $100 or more (7-month cycles if you only have one affiliate user), you can request your withdrawal.
A different way to look at this is that if you sign up 7 affiliate users at the same time at a $14.70 commission each, you can withdraw your commissions after 30 days.
Requirements Before Affiliate Commissions Can Be Paid
There are certain legal requirements that need to be in place before you can request a successful payout.
To get paid as an affiliate partner of Stacklii, please ensure that all your information is 100% accurate and up to date.
Your Personal and Billing Information
Your Personal and Billing Information has to be accurate and up to date.
Payout Method and Related Settings
You need to specify whether you prefer a PayPal or Direct Bank Transfer payout. All the settings for the chosen option should also be accurate and up to date.
Legal and Tax Documentation
As a registered affiliate earning commission payouts from Stacklii LLC, we must submit documentation to the IRS each year. Please ensure that you submit the correct form. Payouts can not be made if they are not up to date.
List Of Documents (Please select and submit the relevant form)
Form W-8 BEN is used by foreign individuals.
Give Form W-8 BEN to the withholding agent or payer if you are a foreign person and you are the beneficial owner of an amount subject to withholding.
Submit Form W-8 BEN when requested by the withholding agent or payer whether or not you are claiming a reduced rate of, or exemption from, withholding.
You can view our Affiliate Terms and Conditions here.
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