Payout Terms - (Last Updated 9.18.07)

The following payout guidelines are an extension of our terms of use and should be read and completely understood to avoid any confusion in how our payout process happens.

Definitions to understand:

  • Deal or Deals - this refers to the relationship formed between buyer and seller. Buying a link is a deal.
  • Pending Affiliate - this is a referral sent by an affiliate but has not reached the requirements to be rewarded yet.
  • Active Affiliate - this is a referral send by an affiliate that has reached the requirement.
  • LW - abbreviation for LinkWorth
Terms | Payments | Renewals | Amounts | Affiliates | Minimums | Invoices | Methods

Terms of all deals are set as month to month commencing on the 1st day of each month. The initial creation of any deal will be for the remainder of the current month created, then the deal will renew automatically on the 1st of the next calendar month.

Payments are made on the 10th day of each month, or the closest business day if the 10th falls on a holiday or weekend. Please allow a minimum of five (5) business days for the funds to arrive before requesting tracking information on wire transfers, direct deposits or check payments. All money paid is for transactions that occurred prior to the current month you are being paid. For example, if the payment is made on January 10th, it will be for all money earned before January 1. You can be paid in one of numerous ways inclulding Direct Deposit (US Banks Only), Bank to Bank wire (Non US Banks), Business Check or Paypal.

Renewals happen on the 1st of each month. All deals automatically renew each and every month unless the advertiser or partner cancels prior to the 1st. Renewals that happen on the 1st of January will not be paid to the partner until the 10th of February. This gives advertisers the insurance their link remains for the time paid. Renewal price is always the full amount set prior to the link being purchased. Renewals will always be for the price initially agreed upon. Advertisers prices are grandfathered during partner price increases, meaning if the partner incrases their price, it does not increase the existing advertisers price. Partners are welcome to cancel the deal and request the advertiser repurchase at the new price, but this is usually not a very good practice as the return rate is very low. The marketplace is just to vast for advertisers to agree on higher prices if they don't have to pay them.

Amounts can always vary when a deal is initially created. As stated in the terms section, when a deal is first created, it is for the remainder of the current month, which will provide a prorated dollar amount for the first month. If a price is set for $100 per month, an advertiser buys a link from your site on the 15th of the month, the deal is for the remaining 15 days of the current month and the total amount paid initially would be $50.00. This will cover the remaining 15 days of the month and the deal will auto-renew for the full $100 on the 1st of the next month. In this situation, partners will be paid the prorated amount on the next month's payout, as long as the minimum payout has been met.

Once advertisements are published our system currently checks for new transactions 4 times each day. As soon as the ad is located, the transaction will be processed with the money changing from the Advertiser account to the Partner account balance

Payouts will consist of all previous month's transactions less the account type percentage:

Basic Partner Account - 70/30 split. Partner earns 70% of all sales transactions. Basic accounts are listed and have access to all control center features.

Preferred Partner Account - 50/50 split. Partner earns 50% of all transactions. Preferred accounts are given 1st choice of new business as our account managers purchase new ads. They also enjoy discounts on listing upgrades.

Affiliate Partners - To become an affiliate and promote LinkWorth, you must have either a Partner account or a Combo account. Our affiliate center is located in the partner navigation. We have decided to greatly reward affiliates who send us qualified new LinkWorth customers. For each new account referred, that account becomes your pending referral.

There are 3 types of referrals:

  • Partner Referrals - Once your pending partner referral reaches a threshold of $100, they become your active affiliate and LinkWorth will pay you $50 (fifty) dollars! The $100 Partner threshold is defined as $100 earned in commission through the sale of LinkWorth advertising products only; affiliate sales do not count.
  • Advertiser Referrals - Once your pending advertiser referral reaches a threshold of $100, they become your active affiliate and LinkWorth will pay you $50 (fifty) dollars! The $100 Advertiser threshold is defined as the Advertiser spending at minimum of $100 on LinkWorth Advertising products. In addition to receiving the $50 payout, you will also be paid 5% on all renewing sales for the life of this active affiliate account.
  • Combo Referrals - "Double Your Pleasure!" If you refer a customer who selects to sign up as a "combo account", this is like getting two affiliates at once. If the affiliate earns $100 you'll receive $50 and if the affiliate also spends $100 you'll receive another $50, plus you get to earn 5% of all renewing "advertiser" sales for the life of that account. Partner renewals do not part of the 5% payout.
IMPORTANT CHANGE TO MINIMUM PAYOUTS

Minimum payout refers to the dollar amount a partner must meet before payment is made. Due to the extremely high number of payouts we have grown to, in order for us to get invoices paid on time we have decided to change the minimum payout to $100 USD. This applies to those paid by business checks, international wires and direct deposits. Paypal will remain at the $25 minimum as always. This new change will take effect Friday, September 28, 2007, which will apply to the next payout of October 15th, 2007.

Invoices are created if the minimum payout has been reached. The invoices are available in your account and can be accessed by logging in and going to MY REPORTS->->PAYOUT REPORTS You will see a listing of all payouts that have occurred and if an invoice was generated, you will see a View Invoice link. Opening this will show exact details of that payout.

Methods of payments are Business Checks, Direct Deposit, Bank to Bank Wire or Paypal:

  • Checks are mailed on the payout date and depending on your geographic location, expect anywhere from 2-14 days of delivery. Checks that do not reach their destination or are lost, and require a reprint or repayment are subject to a stop payment fee of $30 to cover the fee charged by our bank. This is not a negotiable charge. Minimum payout is now $100 for this payout type.
  • Direct Deposits cost nothing for the partner and are only available for bank accounts located within the United States. LinkWorth covers the minimal direct deposit fees. Minimum payout is now $100 for this payout type.
  • Bank to Bank Wires are only available for any banks located outside of the United States. The fee for a bank wire is now $20. The minimum payout for this method is $100.
  • Paypal payments are available to any and all partners with no fee required from LinkWorth, however, Paypal will more than likely charge a fee on their end. The minimum payout for Paypal will remain at $25

If there is any other questions or concerns, please direct them to our support desk at Help.LinkWorth.com.