Settings > Payment
This is where you can add a new custom payment method besides the ones you set up in each program. You must first click the Add a new custom payment method button.
Click a method's name to preview its payment information form for affiliates.
Also, you can click the Add field button and make it required for affiliates to provide payment details such as the cardholder's address, ZIP code,... etc.
PayPal allows you to pay your affiliates in a few seconds. Before we begin, please keep in mind that a PayPal Business Account is required for integration. Click here to learn more.
Log in to your PayPal account with your email address and password.
Visit My Account, scroll down and click Enable in the Live column.
To get this certified, you need to contact PayPal (it can take from hours to days).
You'll be redirected to the PayPal Customer Service team. On the Contact page, scroll down and click on Call us or Message Center > New Message (you might need to log in to your PayPal account), then initiate a chat with their team so they can assist you further.
Based on your discussion with PayPal, they will send you an email to let you know that your request is being reviewed. Once you've been approved, the API will be marked with a check mark, indicating that Payouts API is live.
Go to Apps & Credentials, switch from Sandbox to Live mode, and then click Create App.
Next, fill in the app name (BixGrow) and click Create App.
Now, you will see your Client ID and Secret, which will be used in the next step.
Return to BixGrow > Settings > Payment > click the Setup button.
Then, enter the Client ID and Secret in Step 3 and create a strong Payment Password that will be required to fill in when you process payments. It secures your credentials since we don't have access to your money. To keep your payouts safe, every access to your PayPal Payouts API will require this Payment Password set up here.
For your own payment security, we don't have access to your Payment Password, nor can we retrieve it when it's lost or forgotten. If you don't remember it, you'll have to integrate your PayPal account again.
Also, tick on the two boxes to agree that our app will securely store your information and use these credentials to transfer money outside of your PayPal account. Finally, click Save.
This is where you can allow affiliates to redeem coupon codes with their Store Credit balance if they already have Store Credit as the commission payment method. You can also set up a Minimum/Maximum redeemable amount, the times should the redemption amount multiply, or add a prefix to the generated coupon codes to differentiate them from your other coupons.
This is where you and/or your affiliates can enable downloading payout invoices for accounting purposes.
You can also edit the invoice template with the aid of available variables.
This is where you can decide if VAT is included in the payouts calculation, and who should pay it. If in your country, your affiliates don't have an obligation to pay a VAT for the commissions they earned from you, you just have to leave this section as its default - "None".
For example, the VAT amount your affiliates have to pay is 5%, so you fill in 5% here. Now you're the one who pays them extra so that they can cover the VAT part. Affiliate A earns a $10 commission from a $100 order she brought you, and as you're the VAT payer, you'll be paying her $10 (commission) + $5 (VAT) in total for that order, so that she can use the extra $5 to pay her tax later.
This is an example of a payout with a 5% VAT included.
Likewise, if you select "Affiliates" as the VAT payer, they'll have to take the said amount from their commissions and pay by themselves.
This is where you can add a minimum threshold of the total commission amount an affiliate has to earn before being able to receive payouts.