Overview
Managed Payouts is a new feature in Rewardful that simplifies how merchants pay affiliates. Instead of sending multiple manual payouts, Rewardful consolidates everything into one streamlined workflow:
Merchants fund a payout in Rewardful with a single payment.
Rewardful distributes commissions to affiliates.
Affiliates withdraw their earnings directly from their Rewardful dashboard.
This system reduces administrative overhead, improves compliance, and makes payouts smoother for both merchants and affiliates.
Key benefits
Automated payouts: Save time by eliminating manual payments.
Multiple payout methods: Affiliates can choose their preferred withdrawal method.
One invoice: Merchants pay Rewardful directly, and receive an invoice from Rewardful.
Secure and compliant: Payments are processed using trusted, secure systems and affiliates go through KYC as required.
Pricing
Managed Payouts has a flat 3% processing fee on each payout. There are no additional subscription costs for merchants.
Affiliates may incur withdrawal fees depending on their selected payout method, which are shown during onboarding.
FAQs on Common Scenarios
Do I need to connect a bank account if I already use Stripe for customer payments? Yes, you need to connect a separate ACH-capable funding method for managed payouts. The funding method for affiliate commission payouts is distinct from the one used for customer subscription payments.
Are payments to Rewardful automatically debited from my bank account? No, payments are not automatically debited. Rewardful issues an invoice for the total commissions and fees, which you pay manually using the connected funding method.
Access
In order to access managed payouts please contact support for more details. Ensure that your funding method meets the ACH-capable requirement before reaching out to support.