Tolt’s auto payouts feature on the Pro plan automates your affiliate payout process, ensuring smooth, secure, and reliable operations. Once you’ve recruited affiliates and structured commissions, Tolt can also take care of the payouts, putting the entire program on autopilot!
Here’s how the auto payouts work:
Monthly Invoice: Typically on the 15th of each month (or a custom date if needed), Tolt sends you an invoice that details the commissions earned by your affiliates for the previous month.
Transfer Funds: After receiving the invoice, simply transfer the funds to Tolt by bank (no fees) or credit card (with a 2-3% fee), and we’ll handle the affiliate payouts on your behalf.
Global Payout Options: Payouts can be sent to over 150 countries in 60+ currencies via local bank transfers (ACH, SEPA, BACS, FAST, FPS, etc.) PayPal, Wise, or wire transfers. Fees, ranging from 0% to 2%, are covered by the affiliates based on the selected payout method.
Tax and Accounting Services: Tolt not only manages payouts, but we also handle important tax forms, including filing 1099s and collecting W-9s or W-8s on behalf of affiliates.
Invoices for Affiliates: Besides sending you an invoice for the payment, Tolt also sends individual invoices directly to affiliates, making sure everything is well-documented for both parties.
With the auto payouts feature, everything from affiliate commission payouts to tax filings and invoicing is taken care of, ensuring you can focus on growing your SaaS while Tolt handles the rest.