Account type in Clickbank website for affiliate marketing?
The process to receive payments now, all one needs to be doing is to add bank details in the ClickBank account. The procedure is the same for both vendors and affiliates.
But before we get into adding bank details let’s understand the payment methods offered by ClickBank.
Clickbank Payment Methods
Clickbank offers 4 payment methods.
- Direct Deposit
- Wire Transfer
It’s the default payment method. When affiliates don’t specify a particular means of receiving payments, ClickBank will pay through check. The check has a payee name on it and it is physically mailed to the registered address in the account. Note the check is in US currency.
Because the check is physically mailed, and that too in the US currency. The amount reflecting on the bank account can take almost a couple of months. The first month for the check to reach you and then 21 working days for it to clear.
2. Direct deposits
Payment is directly transferred to a designated bank account. To get money directly in a local bank, one has to add the bank account details. The direct deposit option is available in selected countries only.
Direct deposits may take 1-2 business days to reach your account.
3. Wire transfer
A costly payment method. Clickbank charges $35 per wire. It is for those who reside in a country where ClickBank doesn’t offer a Direct Deposit payment method.
Clickbank sends US dollars payment to the bank. So apart from Clickbank charges, the bank also charges a fee for conversion to local currency. Because in India we have a direct deposit option, wire transfer should be avoided.
Payoneer is an international payment gateway service provider. With direct deposit, an affiliate has an option to receive payment via Payoneer too.
Payoneer is not an option directly in Clickbank but only using the US bank account details. It is again not an option for Indians which is not an option for Indian Payoneer account.
If you need any Assistance in setting up Clickbank Account feel free to contact us or Comment down below for immediate support.