I have a new product and cant understand the whole payment cycle thing. Assuming I made sales for a week since monday the 1st of the month hypothetically, when should I expect that cash in my bank.
If this is your first time making sales then you may have to wait until you get several sales before they release your money at least that's how it used to be anyway you had to get sales from several different credit cards or something like that. Why don't you give ClickBank a call they seem to be very nice people I'm sure they can tell you
It's weekly, but with a minimum of $100. So, if you make $101 in week A, the payment will count from Wednesday week B and will be bank transferred Wednesday week C. Minus the contingency, that's another story.
Firstly, make sure you have a confirmed payment method. Enter your bank details or request payment via cheque etc. Then check your threshold. I normally set mine to $10. I think it starts off as $100 default. You will only be paid once your balance is above the threshold. Payments are normally processed the wednesday 2 weeks after the sale. You will also be subject to a 10% (approx) allowance. The allowance is commissions they hold back for around 3 months to counter any issues with your product etc. Go to "Reporting" and then "Paychecks" in your account. There should be a schedule of when your payments are expected and for how much.
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