Payment Frequency Questions

Discussion in 'Affiliate Programs' started by tylercruz, Aug 5, 2007.

  1. #1
    I've recently added a "Net-X" feature to an ad network review site I own, but this new feature has already has posed some problems as somebody recently pointed out to me:

    So, I'm thinking that I need two fields now: Payment Frequency and Payment Terms, where Payment Frequency would be how often payment is paid out (Weekly, Monthly, Every-45 days, etc.) and Payment Terms would be how long after that period when payment is sent out (Net-X). So, for example, assuming Millnic Media pays out Net-30 it would be:

    Payment Frequency: Weekly
    Payment Terms: Net-30

    Thus on July 1st, they'd receive payment for June 1-7th week, on July 7th, they'd receive payment for June 8th-15th

    Does this make sense? Because right now we only have Net-X listed, but what if people want to search for networks that pay out weekly or twice a month?

    Please let me know if this makes sense and I should add it to the site.. my brain is numb here...
     
    tylercruz, Aug 5, 2007 IP
  2. tylercruz

    tylercruz Peon

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    #2
    I hate bumping, but would really appreciate some response...
     
    tylercruz, Aug 8, 2007 IP
  3. ruby

    ruby Well-Known Member

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    #3
    Tyler that actually makes sense...frequency and terms would be useful. AdToll for example would be:

    Frequency: Monthly
    Terms: Net-15


    We pay for the previous months earnings on the 15th of the following month.
     
    ruby, Aug 8, 2007 IP