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Hello Everyone :wave:,
I am new to industry and need your help with my below query.
Being an affiliate,can you please advise on Standard /General payment/most of affiliates chose payment method ?If its a back account.. how does it work for across countries?
Many Thanks
Hi mattzpph,
I can't really speak for other people, but I myself am paid through Bitcoin (BTC) these days. I used to get paid through Neteller and ecoPayz, but they have now blocked my affiliate payments and I have been forced to use Bitcoin since late December of last year.
Basically, if you want to get paid through Bank Wire, you will need to check with your account managers and see if this option is available to you or not. If it is, you just basically have to provide bank details in order to be paid through wire transfer:
Hi mattzpph, where do you get stuck?
I think within Europe bank wire is the most common payment method.
I use bank wire for all payments with no issues, UK based.
Thank you, Do you mind to let me know the tax rate for being affiliate?Quote:
Originally Posted by luckyga
Hi, I have not opened site to promote any casinos yet. As am new to this market, posting my questions here to get good advice from seniors :)Quote:
Originally Posted by 1onlinecasino
Affiliates get no special treatment when it comes to tax. So it depends how you've structured your setup - maybe you're a sole trader, partnership, or a limited company. The tax treatment will depend on this - and of course a raft of other considerations. The fact that you're affiliate is by the by. I am not a tax adviser though, so I suggest you chat to a qualified accountant about it. Good luck!Quote:
Originally Posted by mattzpph
I agree that bitcoin is a great option,it's fast and reliable. Others I find get delays and issues
If I prefer to be paid by bank account, do bookmakers / affiliate problems require a specific currency in which that bank account is?
For example will someone pay me without problems to my company bank account which is in Bulgarian Lev (BGN) meaning the payment will have currency conversion taxes? Or will they ask me to give them a bank account in Euro (EUR)?
You can get it via Skrill and Neteller too.
Skrill and Bank Wire are my options. It all depends on many factors.
Bitcoin is the fastest for payments, but if you have not started yet doing the affiliation, you may first check what bookmakers, that you are about to promote have as payment methods for their partners.
Thanx Guys! Its really good question. Im newbie and I have same situation. And really good answers!