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payment terms(PLZ HELP!!!)

by gamingflame
9 replies
Hey Guys:
Some affiliate payment terms like this:

They are NET 30 and the invoice will be according to our numbers are you ok?
and no minimums payment.

PLZ tell me what is it mean?

Thanks.
#payment #termsplz
  • Profile picture of the author deekay
    Hello

    Its very hard to say, what I will suggest is for you to visit their support and ask there. Because in matters like that it is them who knows it all.

    Thanks
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  • Profile picture of the author vishwa
    Originally Posted by gamingflame View Post

    Hey Guys:
    Some affiliate payment terms like this:

    They are NET 30 and the invoice will be according to our numbers are you ok?
    and no minimums payment.

    PLZ tell me what is it mean?

    Thanks.
    That means they pay on monthly basis. if you generate a sale in 21st of March than you will get paid on 20th of April.
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    • Profile picture of the author gamingflame
      Originally Posted by vishwa View Post

      That means they pay on monthly basis. if you generate a sale in 21st of March than you will get paid on 20th of April.
      Thanks a lot,but i don't know what the "invoice",is it a form?
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      • Profile picture of the author vishwa
        Originally Posted by gamingflame View Post

        Thanks a lot,but i don't know what the "invoice",is it a form?
        Invoice is a report of total transaction and commission you have earned.
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  • Profile picture of the author salegurus
    Dear lord. And these are people who say they are running a "Business".....
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  • Profile picture of the author talfighel
    Originally Posted by gamingflame View Post

    Hey Guys:
    Some affiliate payment terms like this:

    They are NET 30 and the invoice will be according to our numbers are you ok?
    and no minimums payment.

    PLZ tell me what is it mean?

    Thanks.
    Is that what they say exactly on their payment terms page?

    If it is then they don't know how to write and I would not even trust them.
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    • Profile picture of the author gamingflame
      Originally Posted by talfighel View Post

      Is that what they say exactly on their payment terms page?

      If it is then they don't know how to write and I would not even trust them.
      maybe you're right,payment page is nothing to display and the payment terms only to sent me a email...
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      • Profile picture of the author Steve B
        "Net 30" means a payment in 30 days and that payment will be "net" or in other words, the amount will be the total to you after all other expenses are already deducted.

        "the invoice will be according to our numbers" means the sales you are credited for will be based on their records - not yours. So if they say you made 2 affiliate sales last month and you claim you made 5 sales - they are paying on their numbers not yours.

        "no minimum payments" means you don't have to accumulate a set amount of commissions before they will pay you. Some programs only pay when affiliates reach a certain amount of commissions. But here, if you only made one sale they should pay you in 30 days.

        These are not uncommon terms - however, be ready for some potential problems with using their numbers only - you have no defense if they say you made fewer sales than you claim.

        Steve
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        • Profile picture of the author gamingflame
          Originally Posted by Steve B View Post

          "Net 30" means a payment in 30 days and that payment will be "net" or in other words, the amount will be the total to you after all other expenses are already deducted.

          "the invoice will be according to our numbers" means the sales you are credited for will be based on their records - not yours. So if they say you made 2 affiliate sales last month and you claim you made 5 sales - they are paying on their numbers not yours.

          "no minimum payments" means you don't have to accumulate a set amount of commissions before they will pay you. Some programs only pay when affiliates reach a certain amount of commissions. But here, if you only made one sale they should pay you in 30 days.

          These are not uncommon terms - however, be ready for some potential problems with using their numbers only - you have no defense if they say you made fewer sales than you claim.

          Steve
          Thank you very much!
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