How are you handling your affiliate network payouts? (9)
I'm waiting for my first ClickDealer payout and am wondering what would be the most economical way to approach it.
I can only do local bank transfer from my account using EUR or PLN: 5USD FEE + 3% FX FEE may apply.
Other option is wire transfer - USD: 20$ FEE, EUR/PLN 15$ FEE + 3% FX FEE may apply.
Other option is paypal - I see no fee stated on ClickDealer but paypal chops of some fee for each transaction you make.
Other options (none are known to me): Payoneer, Paxum, Webmoney, Epayments Systems LTD, Capitalist, Other
Question is (mostly to people of non-usd countries): how you guys manage that?
If I get my payout in PLN or EUR I would have to pay currency exchange fee each time I top up most of the traffic sources (EUR -> USD or PLN -> USD)
If I get my funds to PayPal I'll have to pay transaction fee for each transaction.
I have separate USD account but to get that payout done I would have to pay 20$ FEE but no 3% FX FEE (right?)
On the other side I'll be charged 3% FX FEE for converting USD into PLN which in 500$ payout is 15$ plus 5$ transfer fee = 20$
The most appealing one is doing USD transfer to USD account but I'm lacking USD credit card - this might be temporary tho, got three more days to clarify that with my bank until payout happens.
Originally Posted by plutus
In several countries, a Tipalti payment is ACH deposit instead of a wire transfer, amounting to a $1 fee instead of $15.
The more you make, wire transfer actually ends up being the most economical, as $15-30 fee will be less than a % or the amount sent.
PayPal is usually 3-5% which is pretty high, but if you need the money...
In the end you always/mostly have to pay fees in some ways.
Paypal is ok for lower payments but with higher payments it can be really annoying when you have to pay few hundred dollars or so just for fees.
If possible I always prefer wire transfers (or Tipalti as jaybot recommended), that way it´s directly on my bank account and fees are also ok compared to some other options.
@jaybot - no way that I would do a payout in BTC, price jumps up and down way too much. There is also one additional step required to convert those into real money using one of the exchanges.
I scheduled wire transfer (20$ fee) to my USD account and applied for debit card for that account in my bank - looking at all those percentage fees it's the best long-term solution I see.
Thank you both for your feedback 
The payout was only $350 but now I already have about $570 because the BTC price increased
Originally Posted by twinaxe
The payout was only $350 but now I already have about $570 because the BTC price increased
Originally Posted by plutus
The only reason I could see is if you are a BTC hodler (hodl means to "hold" the BTC for the long term) and planning to keep whatever commissions you earn in BTC for the long haul or are an active trader. It basically has no stability at this point.
If you are looking to get paid with useable money to feed back into your business, or pay the rent i.e. cashflow...BTC would not be the way to go. Much better to get paid out in USD, Euro, etc...anything that is a standard type currency. The risk you take on trying to somehow save fees by being paid in BTC isn't worth it IMO.
That BTC if you need to use it but it also could be worth way less for when you need to use it, let alone it's not widely used at this point. And I can't imagine trying to convert BTC to USD, Euro, etc trying to pay the bills, or with some ad network that might accept it. It's so freaking volatile right now.
I think the best approach is to simply have 2 bank accounts, one in EUR the other one in USD and receive payments to them in their respective currency. Same for paying for traffic. I'm doing the same. Whoever pays in EUR, I give them my EUR account numbers, when they use USD, I give them my USD account.
I'm using wire transfers to fund the traffic sources, works the best for me.
I had luck few months ago, I opened a wallet to receive my first BTC payment ever.
The payout was only $350 but 2 weeks later or so it was already at $520 or so.
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