Any action or conversion you generate must go through several steps and checks before you can withdraw your commission from the Permate platform. These steps ensure that the agreement between you and your partner brand is honored.
This article provides detailed information about the payment process on Permate.
1. Brand’s Actions When Paying Partners: #
After a conversion occurs, it is recorded in the Permate platform. Depending on the brand’s settings, the conversion is either approved automatically or manually.
- Auto-Approved Conversions: Conversions detected before the conversion time (*) set by the brand are automatically approved. Partners will receive commissions for these conversions.
📍 Definition (*): Conversion lifetime – the period within which repeated conversions are counted separately. For example, if the conversion time is set to 1 day, conversions repeating after 1 day are considered distinct.
- Manually Approved Conversions: Brands must manually review campaign conversions and confirm creation within the Brand Settings window. Once reconciled and finalized (locked), approved conversions are paid to the partner as the timeline Brand was set.
2. Before applying for a campaign, partners should pay attention to the following indicators on the Offer Detail page: #
On the Offer Detail page, please pay attention to the following 3 payment metrics:
- Cross-Check Term: The period during which the brand verifies previously generated conversions.
- Locking Term: The deadline by which the brand must finalize all conversions generated during the reconciliation period. Once locked, Permate issues an invoice that the brand needs to pay, and partners should collaborate with the brand to ensure commission payment.
- Payment Term: The deadline by which the brand must make payments to partners through Permate.
After the brand has paid Permate, partners can request to withdraw funds to their bank account once they reach the minimum account balance.
Example
When working with a partner, the payment periods are as follows:
- Cross-Check: 30 days
- Locking Term: 20 days
- Payment Term: 10 days
Specific times are as follows:
For instance, If the conversion occurs on May 10, 2024:
- The deadline for the brand to cross-check the conversion is June 10, 2024.
- The deadline for the brand to finalize the conversion (lock) is June 30, 2024.
- The deadline for the brand to pay Permate is July 10, 2024.
After the brand has paid Permate, you can request a withdrawal if the minimum balance is met.
3. How to create Payment request: #
Go to Payment >> Check your balance in Payment >> If your balance is greater than $20, you can make your withdrawal request.
Instructions for making a withdrawal request:
Click on Create to create an invoice
After creating an invoice, Permate will create a payment and transfer it to your payment account within 3-5 business days
