JV questions about Clickbank payments please help.

Discussion in 'ClickBank' started by johnfrem, Apr 2, 2009.

  1. #1
    I have a digital product and have found someone interested in a JV partnership. We both have never used click bank and he is asking me "how does the payment work with click bank?" I know they can send you a check or do direct deposit but I think he wants to make sure I cant withhold his share of money he earns? (which I have no intentions of doing and I don't blame him for wanting to know) Also how much does click bank charge for their fee? Do both pay a small click bank fee.
     
    johnfrem, Apr 2, 2009 IP
  2. TigerPublishing

    TigerPublishing Member

    Messages:
    451
    Likes Received:
    13
    Best Answers:
    0
    Trophy Points:
    35
    #2
    You have to have a single Clickbank account, and a single check will be sent to a single address, or wired to a single account. It's up to you to share the money out. Clickbank accounts belong to individuals, not groups of people.

    The way to do it would be to draw up a basic agreement between the two of you. Or, nominate an independent third party to hold and distribute the money. Or, if you're going to collect the money, put a chunk of your own money in escrow in advance which he can get access to if you don't deliver his share of any earnings. Obviously it's hard to guess how much to put in though, since you may not have any idea of sales volume.

    Lastly, give him the money, and rely on him to pay you your share.
     
    TigerPublishing, Apr 2, 2009 IP