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NET 15 Payment - What does this really mean?

Discussion in 'Affiliate Programs' started by linkpro, Jun 13, 2006.

  1. #1
    What is NET 15 payment really mean?

    I am under the impression it means...you are payed every 15 days


    Lets say you finish up the month before 15-30th with $100 bucks. You will be paid on the 15th of the following month. CORRECT?
     
    linkpro, Jun 13, 2006 IP
  2. carowan

    carowan Peon

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    #2
    If you are purchasing goods, its usually combined with a discount.

    Net 15 means you have to pay an invoice in 15 days.

    1% 15, Net 30 means you are required to pay the invoice in 30 days, but if you can pay in 15 days, you can deduct a 1% amount from the invoice.
     
    carowan, Jun 13, 2006 IP
    ahkip and fsmedia like this.
  3. mjewel

    mjewel Prominent Member

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    #3
    For affiliate programs, NET 15 usually means they will pay 15 days after their monthly end date - otherwise they could be cutting a check daily.
     
    mjewel, Jun 13, 2006 IP
  4. linkpro

    linkpro Peon

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    #4
    So basically I would get paid 1 time a month.

    Example the Month ends and I would get paid on the 15th of the next month..... if its NET 15?
     
    linkpro, Jun 14, 2006 IP
  5. fryman

    fryman Kiss my rep

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    #5
    yes .
     
    fryman, Jun 14, 2006 IP
  6. itdevil

    itdevil Well-Known Member

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    #6
    No, you will get paid twice a month... :) every 15days...

    For example you make 20USD before 15th of june then you will get paid on 30th june

    from 16 - 30 if you again earned 20USD you will get paid on 15july ...

    i hope you get idea... you will get paid twice date depend upon the advertising company you are affiliate to...

    adsor have NET 15 terms they support team told i will get paid between (15june - 16june) and (30june - 1july) depending upon when i reach the minimum payout limit.

    I hope this clearly answer you question :)
     
    itdevil, Jun 14, 2006 IP
  7. fryman

    fryman Kiss my rep

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    #7
    Why do you post if you have no idea of what you are talking about?

    Net 15 means you get paid 15 days after the end of the month.
     
    fryman, Jun 14, 2006 IP
  8. itdevil

    itdevil Well-Known Member

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    #8
    I know what i am talking about

    See my Online Chat with Clicksor Support... If you have doubt on the fallowing chat you can talk to them directly.


    this chat proves that i know what i was talking about and you didnt do your homework...

    if anyone want to verify this they can talk to Clicksor Publisher representative themselve using online chat.

    http://www.clicksor.com/


    Sorry about miss spelled word... if any...
     
    itdevil, Jun 14, 2006 IP
  9. linkpro

    linkpro Peon

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    #9
    wow...

    still confused

    anyone back up what either of these people say?
     
    linkpro, Jun 14, 2006 IP
  10. mjewel

    mjewel Prominent Member

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    #10
    Every affiliate I have pays once a month. If an affiliate pays bi-monthly, then you would get two checks a month as long as you met their minimum payout. If you want to know about a particular program, you should contact them directly and ask.
     
    mjewel, Jun 14, 2006 IP
  11. linkpro

    linkpro Peon

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    #11
    The program I use is NET 15 payment - i just wanted to know if that ment I would get 2 checks a month or 1.

    It sounds like to me that 1 is what I will get.

    Sounds like 15th of the month I will get previous full months amount paid.
     
    linkpro, Jun 14, 2006 IP
  12. itdevil

    itdevil Well-Known Member

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    #12

    Just my advise if you really want to know about 1 or 2 payout check thing, why dont you contact the support team from where you have NET15 payment system and ask them to clear the process to you... They alone can better explain theri 1 or 2 check policy...


    I just know adsor, send 2 check permonth if you pass minimum payout requirement which

    1st check is = minimum payout 50USD For (1st - 15th of each month)
    2nd check is = minimum payout 50USD For (16st - 30/31th of each month)
     
    itdevil, Jun 15, 2006 IP
  13. linkpro

    linkpro Peon

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    #13
    Turns out its every 30 days for payment (once a month)
     
    linkpro, Jun 15, 2006 IP
  14. itdevil

    itdevil Well-Known Member

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    #14
    Glad you found it :) Can i ask which affiliate are you a member of. I am looking for another affiliation for one my domain :)

    Thanks in advance
     
    itdevil, Jun 15, 2006 IP
  15. xrvel

    xrvel Notable Member

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    #15
    I know i am bumping the 4 years old thread, but i still don't get how net 15 works.
    For example there is a policy "minimum payout is net 15 $100". What does this mean?
     
    xrvel, May 13, 2010 IP
  16. MakeThatDollar

    MakeThatDollar Notable Member

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    #16
    It means once you have earned at least $100, you will be paid on a NET15 basis, meaning 15 days after the end of that month.

    So for example, say you finally earned a total of $100 in May, you will then be paid all of your earnings NET15, so 15 days after May ends, June 15th.
     
    MakeThatDollar, May 13, 2010 IP
  17. Candy Cuddy

    Candy Cuddy Peon

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    #17
    Absolutely correct. And if you could not earn 100 USD for a month, you won't be paid for this month, but the amount will be summed up with the next month revenue. For example, if you earned 50 USD only for May, then you won't get the money on June 15th. if you earn 60 USD for June, then you will get your 110 USD on July 15th.
     
    Candy Cuddy, May 14, 2010 IP
  18. cam100cc

    cam100cc Peon

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    #18
    thanks ,got summary idea.
     
    cam100cc, May 25, 2011 IP
  19. golfpro1

    golfpro1 Peon

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    #19
    Yes you are correct Net-15 means you will be paid circa the 15th of the next mo nth for your earnings for the current month
     
    golfpro1, May 27, 2011 IP
  20. alexgreatcpa

    alexgreatcpa Well-Known Member Affiliate Manager

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    #20
    Net-15 Mean you will be paid each 15th for your last month's 1-30/31th revenue. If you have activity in affiliate account from 1-30th and network pay Net-15 hats mean you will be paid 1-30th April revenue at 15th May.

    Is it clear?
     
    alexgreatcpa, May 27, 2011 IP