So many people don’t know how to get paid with affiliate marketing after they have made money as they find it difficult to get their money into their bank account, especially as affiliate marketers.
This happens because the companies they market with are usually based in some other country. If you are in this category, I have got your back.
Most companies that offer affiliate services are based in the United States, so getting your money from an affiliate marketing program into your bank account can be very difficult, due to international restrictions, especially if you’re not based in the United States.
When you earn money, you should also be able to spend it. Whether you are a freelancer, an affiliate marketer or an eCommerce store owner, knowing how to get your money into your bank account is very important.
So, in this article, I will be showing you how to get paid with affiliate marketing after you have made money.
How to get paid as an affiliate marketer after you have made money?
Many online payment services help you send and receive money internationally. They include PayPal, Payoneer, Skrill, Stripe, Western union etc. Anyway, choosing the right one to work with can be a huge problem.
Some of them do not work with certain countries e.g PayPal doesn’t work with Nigeria. As a Nigerian, if you have a PayPal account, you can only use it to send money abroad. You can not receive money through it!
I will be talking about some of these online payment services and why they should be trusted with your money.
Payoneer
Most affiliate marketing companies pay commissions to their affiliates through their American bank accounts. What if you don’t have an American bank account? Open a Payoneer account.
Payoneer practically enables you to open a virtual US bank account with all the necessary account details. Sweet, right? Read on. With Payoneer, you can open an online bank account in US dollars, pounds, or euros. You can also make use of cards like MasterCard and visas.
When you want to get your affiliate payments from an American company for instance, and you are asked for your bank account details, all you need to do is simply provide your Payoneer account details. And, the good thing about Payoneer is that you can transfer money from your Payoneer account to any part of the world!
So how do I open my Payoneer account?
To open an account, you will be asked to provide your full name, correct email address, contact details, the real date of birth, and your residential address. You may also be asked to provide a means of identification.
To open a Payoneer account, you need to do the following:
Visit the website:
This is the first step in setting up your account. If you don’t want to visit their website, you may also consider using the app.
Click on the register button:
When you open their website, you will see a button with which you can register a new account.
Fill the registration form:
When you click on the register button, you will land on a page that will ask you to provide some information about yourself. You will be asked to provide your real name, address, date of birth, etc.
Choose the type of account you want:
Therefore are different types of accounts you can open with Payoneer. But, open a US dollar account if you want to receive payment from the United States.
Confirm your email:
After opening an account, an email will be sent to the email address you provided. This email usually contains a link, which you will be asked to click to confirm your email address.
How can I receive payment from Payoneer?
The following ways are how to get paid with affiliate marketing after you have made money, using Payoneer.
Use your Payoneer account details:
Remember, with Payoneer, you are opening a virtual bank account. So, whenever you want to get paid, use your account. Send your Payoneer account details to the person or company that wants to pay you.
The general payment option:
If you are an affiliate marketer or a freelancer with companies that have specific payout dates, on such dates you will receive your money directly into your Payoneer account. You don’t need to do anything here.
Request payment from your clients:
Another way to receive money from your Payoneer account is by requesting payment. To request payment, all you need to do is to open your Payoneer account and click on request payment. An email will be sent to that client with a link. Your client can pay you through that link and you will receive it directly into your Payoneer account.
How about converting my Payoneer money into spendable money? How do I do it?
There are two options here. You either get the Payoneer card, or you request a direct payment to your bank account.
The Payoneer card:
If you use a Payoneer card, you can spend your money on Payoneer directly from your Payoneer account. All you need to do is to use your Payoneer card at any ATM.
Direct payment method:
While using a Payoneer card is good, we recommend that you get your money transferred to your bank account as this carries a higher guarantee that you can access and use your money whenever you want.
To get your money into your bank account, all you need to do is to log in to your account, click on withdraw, add your local bank account and follow the instructions you are given to complete the transaction. It takes between 1-5 days for you to receive your money.
TransferWise
Our second recommended platform for receiving money as an affiliate marketer is TransferWise.
Similar to Payoneer, TransferWise allows you to receive international payments into your account by helping you create a real online bank account.
So, when a foreign company asks you for your account details, you can simply input your TransferWise account details and you will have your money sent to it.
The good thing about TransferWise is that it is cheaper to get international payments into your bank account with TransferWise than with a local bank.
International payments with TransferWise is about 7 times cheaper than many traditional banks.
So how do I receive my payment?
This is how to get paid with affiliate marketing after you have made money, using TransferWise.
Create a free TransferWise account:
Opening a TransferWise bank account is free. All you need to do is to visit their website.
All information you need about opening an account is contained on their website. You may be asked to do the verification. That’s not hard. All necessary instructions will be given to you.
Use your TransferWise account details:
Whether you’re an affiliate marketer, freelancer or anyone working with an international company that only pays money directly to bank accounts, you can receive your money directly into your TransferWise account.
When you are asked for your account details, simply input your TransferWise account details and get paid with it.
How to get your TransferWise money into your bank account
This is usually very easy. All you need to do is, open your TransferWise account, enter your local bank account details and confirm your transaction.
Once you are done entering the required details, you will be asked to pay transaction fees. You can pay with your credit or debit card. You can also pay through a bank transfer. After payment, all you need to do is to relax and wait till the money lands in your account.
PayPal
This is the most common means of sending and receiving money online worldwide. With PayPal, you can send and receive money in over 200 different countries of the world.
As an affiliate marketer, you cannot overlook this platform. Some companies specifically demand PayPal accounts as their only means of payment
Unfortunately, a few countries cannot receive money through PayPal. Notable on the list is Nigeria, from which you can only send money abroad via PayPal. Anyway, if you are a PayPal user in Nigeria, there is a new way to receive PayPal money in Nigeria. It is through a company called, flutter wave. You will read about this new way of receiving money in Nigeria in this article.
If you are in a country where PayPal is already fully operational, here’s how to receive money into your bank account through PayPal.
How to open a PayPal account
First of all, before you can receive money with PayPal, you must have a PayPal account. It is necessary. To open an account, all you need to do is to visit their website. Every further information will be given to you.
Link your affiliate account to your PayPal
For companies that pay through PayPal, when you are applying for the money you have earned with them, they will request your PayPal email address. After getting it, they will pay directly into your PayPal account.
How to get your money from PayPal
There are two ways through which can receive your money into your bank account. Through instant transfer and standard transfer.
With an instant transfer, you will get your money directly into your bank account within a few minutes. It happens almost instantly, but you get to pay a fee.
With a standard transfer, it takes 1-5 business days for you to get your money. It is free and your money gets delivered to your account within the stipulated time.
In case you don’t want to get the money into your account, you may consider getting a PayPal debit MasterCard which works with most ATMs around.
Flutterwave
In case you have not heard of this online payment medium before, Flutterwave is a new payment system designed to help African merchants, especially Nigerian merchants to receive international payments.
Flutterwave is an online payment founded by a group of Nigerians, Flutterwave is designed to help African merchants receive international payments.
Its platform is simple and very easy to use.
Recently, Flutterwave came up with a very big innovation! The African tech startup partnered with an American company, PayPal to ensure that PayPal can now send money to Nigeria. But, you can only receive money from your PayPal account into your Flutterwave account. You may then transfer it to your bank.
To open a Flutterwave account, all you need to do is to visit their website. When you get there, click on the sign-up button and provide all your necessary information. Every other instruction on how to complete your registration will be given to you.
How can I receive money on Flutterwave?
How to get paid with affiliate marketing after you have made money using Flutterwave.
Your unique link
This is very easy. For every merchant account, you have with Flutterwave, you will be given a unique link, applicable only to you. It is through this link that your customers will pay you.
Invoice
You may also choose to send an invoice to your customers. When you send them an invoice, they will receive a list of items from which they can place orders directly by clicking on the accompanying link which comes with the invoice.
The PayPal option:
And finally, you can receive money through PayPal. So, if you are in a country where you can’t receive money from PayPal directly, Flutterwave is here to help. Just go to your payment settings, click on PayPal and enter your PayPal account details. You will receive your money as at when due
How to get your Flutterwave money into your bank account
To get your money into your bank account, all you need to do is to go to your menu and select withdraw. You will be asked to provide your account details. After that, confirm the transaction. That’s all.
Conclusion
What’s the point in having money when you are unable to use it? An affiliate marketer who doesn’t know how to get paid with affiliate marketing after they have made money may find it difficult to get their money.
However, if you follow what’s in this article, you will certainly know how to get your money and enjoy your money.
