How Do You Get Paid As An Affiliate Marketer?

There is a minimum or no barrier to affiliate program entry-it doesn’t matter if you are a master, a business person, or even a school dropout, you have the opportunity to make money online.

One of the things people worry about is how they will be paid after earning their commission, particularly in this part of the world where we are restricted from accessing several digital platforms.

You need to create an account with any of the payment processors even before you sign up as an affiliate marketer.

We will be reviewing some of the most popular and accepted means of payment by most affiliate platforms mentioned here.

  • Bank wire transfer: This is one of the most widely accepted means of receiving payment from affiliate platforms, even in other currencies, right into your bank account. Speaking from a Nigerian perspective, we have challenges such as the bank may charge on inward remittance and the exchange rate for your money may be low. However, there is a solution. If you are earning your commission in US dollars, for instance, I recommend you open a domiciliary account with your bank in dollars. This way, you will receive your payment in dollars and then trade with BDC operators. That’s all there is to it. Google Adsense is one of the platforms that use direct bank transfer for paying publishers at the end of the month.
  • Paypal is one of the world’s largest online payment processors, and many affiliate marketing platforms use it to distribute payments earned by affiliates. In this case, all you need to do is to get a working PayPal account to receive your money. Creating a PayPal account is completely free, and there are no ongoing fees. Getresponse uses PayPal as a payment option.
  • Stripe is another popular global payment processor that many digital entrepreneurs use to receive payments online. Stripe is available in so many countries of the world as it lowers the cost of sending and receiving payments/gifts abroad.
  • Payoneer is a highly reputable cross-border payment processor that is ideal for bloggers, entrepreneurs, affiliates, freelancers, and Amazon sellers. One of the reasons you need to create a Payoneer account is that many advertising platforms now have a direct integration method, which is making it a more popular means of getting payments online.
  • Pingpong is also a widely used payment system online for affiliate marketers and a myriad of other internet business owners.