Two partners for a business venture. Need to split income... Clickbank? Help.
TL;DR: Is it possible to pay out from Clickbank or another payment processor to multiple bank accounts to accommodate multiple business partners?
I am about to go live with sale on a program that I have created with somebody else. I have done all the programming, though - he is just responsible for the website and actually marketing the product.
At any rate, we agreed to split commission 50/50. We are using Clickbank as our payment processor for our customers (or plan to, we have not received any orders yet) and also plan to give affiliates half of what we make (50%). The issue lies in the fact that all payment will be made to my partner via check, and I will then be cut half of whatever he is paid. I do not know this person in real life and I have never met him.
We do have a contract set up that has been signed but I would much rather split payment directly from Clickbank, or even directly in the purchase. I am starting to count the number of ways this could go wrong and it is frightening me to think I could have wasted all my time. Is it possible to have Clickbank payout to 2 bank accounts, or is there another payment processor that allows this? Or can I specify multiple affiliates upon receiving the order and cut each one 33/33/33? Or 50/25/25? Etc..
Looking for any advice on this. Thank you.
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Harvey Segal -
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