|Table of Content >> Advanced Features >> PremierPay|
PremierPay is a new service for AffiliateShop, which essentially reliefs merchants of the hassle of cutting checks and mailing payments for their affiliates.
PremierPay merchants must have their affiliates use a valid PayPal email address for them to be paid.
Select PremierPay from the drop down menu.
Enter the amount top up needed, and click on "Top Up". You will be redirected to PayPal. Please follow the instructions to top up the Escrow Amount.
After payment, you must redirect back to AffiliateShop from PayPal so that your Escrow Amount Balance will be refreshed with the new payment.
When you have activated your merchant account to use PremierPay, all your affiliates would see a new component in their 'Settings' page. They will be required to enter a valid PayPal email address to accept payments from PremierPay.
You are able to view your affiliates according to whether they would like to be paid via PremierPay. In 'Affiliate' >> 'View' of your merchant account, 2 new statuses has been added:
You can check your Escrow Balance History here.
Depending on when you want your affiliates to be paid, AffiliateShop will begin a search of all your affiliates with qualifying commission threshold when the payment date arrives. 3 events will occur when you have affiliates to be paid.
When you log into your AffiliateShop webmaster account, in the dashboard, you will see a
PremierPay request pending approval link. Clicking on it will bring you to the PremierPay dashboard.
You will need to respond to AffiliateShop if you want to approve or decline this current payment, with an optional remark.
However, if you do not have enough Escrow Balance Amount, you will be asked to top up the required amount before you are able to approve this transaction.
PremierPay uses PayPal's MassPayment API to pay your affiliates. After you have approved the PremierPay transaction, AffiliateShop will implement MassPayment, and your transaction will be changed from 'Approved' to 'Processing'.
If all the payments are successfully paid, the following occurs:
There are many reasons for an unsuccessful payment, but one of the common causes is that the PayPal email that the affiliate provided is not a PayPal email. If any of the affiliates has an unsuccessful payment, the following occurs:
For 'Unclaimed' payments, a PayPal email will be sent to that email address, and will be completed once the affiliate has signed up and claimed that money.
For all payments that are 'Completed', the money has already been transferred into the affiliate's paypal account. The affiliate's payment would be deleted, and Payment History also created, just like the successful transaction above.
Terms and Conditions
Merchant must maintain a minimum of US$100 or 120% of the last 3 months average commission payment in the escrow account, whichever is higher.
This service does not bind Merchant's affiliates to the terms of PremierPay.
Merchant must top up the escrow account within three calendar days for the amount stated in the payment request notice from AffiliateShop.notice from AffiliateShop. If Merchant fails to do so, AffiliateShop shall terminate its PremierPay service and without prejudice to clause 7 of this Terms and Conditions.
AffiliateShop reserves the right to deduct from Merchant's Escrow Account any fees owed by Merchant that may or may not be related to PremierPay.
AffiliateShop may terminate the PremierPay service at anytime with a one month notice to Merchants who sign up for the PremierPay service. Upon termination, AffiliateShop is not liable to Merchants for any future loss of profits, revenue, goodwill and productivity.