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Payments & Payouts

Payment Method

The specific way affiliates receive their commission payments, such as bank transfer, PayPal, check, or other electronic payment systems.
Updated 1/15/2025
3 examples

Payment Methods

LinkJolt exclusively uses Stripe Connect for all affiliate commission payments, providing a streamlined, secure, and globally accessible payout system. This unified approach ensures consistent, reliable payments for all affiliates worldwide.

LinkJolt's Stripe Connect Integration

Why Stripe Connect Only?

  • Unified experience for all affiliates
  • Global coverage in 45+ countries
  • Automatic compliance handling
  • Direct bank transfers worldwide
  • Real-time payment processing
  • Professional infrastructure

How It Works

  1. Quick onboarding via Stripe Connect Express
  2. Identity verification handled automatically
  3. Bank account connection
  4. Automatic payouts based on schedule
  5. Real-time notifications and tracking

Stripe Connect Express Accounts

Features for Affiliates

  • Simplified onboarding: Usually approved within minutes
  • Direct bank deposits: Straight to your bank account
  • Global support: Available in 45+ countries
  • Automatic compliance: Tax reporting handled
  • Mobile access: Manage via Stripe mobile app
  • Real-time tracking: Instant payment notifications

Supported Countries

Stripe Connect supports affiliates in these regions:

  • North America: US, Canada
  • Europe: UK, Germany, France, Spain, Italy, Netherlands, and 25+ more
  • Asia-Pacific: Australia, New Zealand, Singapore, Japan, Hong Kong
  • Latin America: Mexico, Brazil, and expanding
  • Middle East: UAE, and growing coverage

Account Setup Process

1. LinkJolt Invitation

  • Receive invitation after affiliate approval
  • Click setup link in email
  • Redirected to Stripe Connect onboarding

2. Stripe Connect Onboarding

  • Provide basic information (name, address)
  • Business details (if applicable)
  • Bank account information
  • Identity verification (automated)

3. Verification and Approval

  • Instant verification for most applicants
  • Additional documentation rarely required
  • Approval notification via email
  • Ready to receive payments

4. Payment Configuration

  • Set payout schedule preferences
  • Choose notification settings
  • Configure tax information
  • Test payout processing

Payment Processing

Payout Schedules

Weekly Payouts

  • Every Friday for commissions earned
  • Minimum threshold: $25 (configurable)
  • Processing time: 1-3 business days
  • Best for: Active affiliates with regular earnings

Monthly Payouts

  • First of each month
  • Previous month's commissions
  • Minimum threshold: $100 (configurable)
  • Processing time: 1-3 business days

Payment Speed

  • Standard transfers: 1-3 business days
  • Express transfers: Same day (where available)
  • Weekend processing: Handled on next business day
  • Holiday delays: Minimal impact due to automated system

Global Payment Features

Currency Support

  • Local currency payouts when possible
  • Automatic conversion from USD earnings
  • Real-time exchange rates
  • Transparent fee structure

Bank Transfer Methods

Domestic Transfers

  • ACH transfers: US affiliates
  • SEPA transfers: EU affiliates
  • Faster payments: UK affiliates
  • Local banking: Country-specific optimizations

International Transfers

  • SWIFT transfers: Global coverage
  • Local payment rails when available
  • Currency conversion handled automatically
  • Competitive exchange rates

Fees and Costs

LinkJolt Policy

  • Zero platform fees for Stripe Connect
  • No additional charges from LinkJolt
  • Transparent pricing
  • No hidden costs

Stripe Connect Fees

  • Express accounts: No setup fees
  • Standard transfers: Typically $0.25-2 per transfer
  • Express transfers: 1.5% fee (where available)
  • Currency conversion: Competitive rates

Cost Optimization

  • Higher payout thresholds reduce per-transfer costs
  • Monthly schedules more cost-effective for smaller earners
  • Local currency payouts minimize conversion fees
  • Batch processing for efficiency

Security and Compliance

Built-in Security

  • Bank-level encryption for all transactions
  • Two-factor authentication available
  • Fraud monitoring and prevention
  • PCI DSS compliance

Regulatory Compliance

  • Automatic tax reporting (1099s in US)
  • GDPR compliance for EU affiliates
  • KYC/AML verification handled
  • Multi-jurisdiction support
  • Consumer protection compliance

Account Protection

  • Account monitoring for suspicious activity
  • Dispute resolution processes
  • Professional customer support
  • Insurance coverage for eligible transactions
  • Data protection and privacy

Affiliate Dashboard Integration

Real-Time Tracking

  • Live commission balance
  • Pending payment amounts
  • Payment history and status
  • Upcoming payout dates

Payment Controls

  • Update bank account information
  • Modify payout schedule
  • Set notification preferences
  • Download payment reports

Support and Help

  • Integrated help system
  • Direct access to Stripe support
  • LinkJolt customer service
  • Comprehensive documentation

Troubleshooting Common Issues

Failed Payments

  • Incorrect bank details
  • Account verification issues
  • Bank account closures
  • Regulatory restrictions

Resolution Process

  1. Automatic notification of failed payment
  2. Update account information in dashboard
  3. Retry payment processing
  4. Contact support if issues persist

Account Issues

  • Verification delays: Provide additional documentation
  • Account holds: Resolve compliance issues
  • Bank problems: Update payment information
  • Geographic restrictions: Confirm eligibility

Benefits of Unified Payment System

For Affiliates

  • Consistent experience across all programs
  • Single account management
  • Reliable payment processing
  • Professional infrastructure
  • Global accessibility

For LinkJolt

  • Simplified operations
  • Reduced complexity
  • Better support quality
  • Unified reporting
  • Scalable infrastructure

For Merchants

  • Automated payout processing
  • Reduced administrative overhead
  • Compliance assurance
  • Global affiliate reach
  • Professional payment infrastructure

Getting Started

New Affiliates

  1. Apply for LinkJolt affiliate program
  2. Get approved by merchants
  3. Receive Stripe Connect invitation
  4. Complete onboarding process
  5. Start earning and receiving payments

Existing Users

  • All payments automatically processed via Stripe Connect
  • No additional setup required
  • Existing earnings transferred to new system
  • Continuous service with enhanced features

LinkJolt's exclusive use of Stripe Connect ensures all affiliates receive professional, reliable, and secure commission payments.

Set Up Your Payments →

Examples
1

All LinkJolt affiliates receive payments exclusively through Stripe Connect Express accounts

2

An affiliate in Germany receives EUR payouts directly to their local bank via Stripe Connect

3

LinkJolt processes weekly commission payments automatically through its Stripe Connect integration

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Table of Contents
Payment MethodsLinkJolt's Stripe Connect IntegrationWhy Stripe Connect Only?How It WorksStripe Connect Express AccountsFeatures for AffiliatesSupported CountriesAccount Setup Process1. LinkJolt Invitation2. Stripe Connect Onboarding3. Verification and Approval4. Payment ConfigurationPayment ProcessingPayout SchedulesWeekly PayoutsMonthly PayoutsPayment SpeedGlobal Payment FeaturesCurrency SupportBank Transfer MethodsDomestic TransfersInternational TransfersFees and CostsLinkJolt PolicyStripe Connect FeesCost OptimizationSecurity and ComplianceBuilt-in SecurityRegulatory ComplianceAccount ProtectionAffiliate Dashboard IntegrationReal-Time TrackingPayment ControlsSupport and HelpTroubleshooting Common IssuesFailed PaymentsResolution ProcessAccount IssuesBenefits of Unified Payment SystemFor AffiliatesFor LinkJoltFor MerchantsGetting StartedNew AffiliatesExisting Users
Related Terms

Stripe Connect

A Stripe product that enables platforms to pay out funds to third parties, commo...

Payment Processing

The system and infrastructure that handles the transfer of funds from customers ...

Commission

The payment or percentage of sale that an affiliate earns for successfully promo...
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