Resellers commission payment policy
Tax Information
We are required by law to obtain this information from you when making a reportable payment to you. If you do not provide us with this information, we reserve the right to restrict your ability to activate your account or your payments may be subject to 28% federal income tax backup withholding. Also, if you do not provide us with this information, you may be subject to a $25 penalty imposed by the Internal Revenue Service under section 6723.Federal law on backup withholding preempts any state or local law remedies, such as any right to a mechanic’s lien. If you do not furnish a valid TIN, or if you are subject to backup withholding, the person or entity paying is required to withhold 28% of its payment to you. Backup withholding is not a failure to pay you. It is an advance tax payment. You should report all backup withholding as a credit for taxes paid on your federal income tax return.
Commission Payment Information
Domestic Resellers Commission Payment Policy
Commission is paid at the end of the month following that in which the commission was earned. For example, commission earned in December will be paid at the end of January.
There are a couple guidelines around the type of payment you select. Please see below:
- PayPal® payments are subject to a $25.00 minimum. If you do not earn $25.00 in a month, the total commission earned will roll over to the next month until your total earnings are over $25.00.
- Good as Gold Payment is subject to a $5.00 minimum. If you do not earn $5.00 in a month, the total commission earned will roll over to the next month until your total earnings are over $5.00.
- Direct Deposit payments are subject to a $10.00 minimum. If you do not earn $10.00 in a month, the total commission earned will roll over to the next month until your total earnings are over $10.00.
- Checks are subject to a $100.00 minimum. If you do not earn $100.00 in a month, the total commission earned will roll over to the next month until your total earnings are over $100.00. There is a $25 service fee to be paid by check; the service fee will be deducted from the total amount of commission being paid. We encourage all resellers to use the Direct Deposit, Good as Gold or PayPal options to save the service fee.
International Resellers Commission Payment Policy
International resellers may choose to be paid via Check or Tipalti.
Payments are paid at the end of the month following that in which the commission was earned. For example, commission earned in December will be paid at the end of January.
- There is a $5.00 minimum for Tipalti payments. If you do not earn the minimum required in a month, the total commission earned will roll over to the next month until your total earnings are over $5.00.
- Checks to International Resellers are quarterly on the following dates and are subject to a $100.00 minimum. There is no service fee. If you do not earn $100.00 in a quarter, the total commission earned will roll over to the next quarter until your total earnings are over $100.00.
Payment date Payment for April 30th commission earned January 1st to March 31st July 31st commission earned April 1st to June 30th October 31st commission earned July 1st to September 30th January 31st commission earned October 1st to December 31st
