With the introduction of net 30, net 60, and net 90 payment terms, you now have more flexible options for receiving your payouts.
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Here is an in-depth look at how each term functions:
Net 30 Payment Terms:
- Description: With net 30 terms, your earnings for a particular month will be paid out at the end of the following month.
- Example: Earnings for the month of January would be paid out at the end of February.
Net 60 Payment Terms:
- Description: Opting for net 60 terms means your earnings for a particular month will be paid out at the end of the second month following the earnings month. Additionally, you will receive a bonus from Ezoic.
- Bonus Calculation: The bonus for selecting net 60 terms is an additional 1.5% of your monthly earnings.
- Example: If you earned $10,000 in January and chose net 60, you would receive a payment of $10,150 at the end of March, which includes the 1.5% bonus calculated from your January earnings.
Net 90 Payment Terms:
- Description: If you choose net 90 terms, your earnings for a particular month will be paid out at the end of the third month following the earnings month. This option also provides a bonus payout.
- Bonus Calculation: The bonus for selecting net 90 terms is an additional 2.25% of your monthly earnings.
- Example: If you earned $10,000 in January and chose net 90, you would receive a payment of $10,225 at the end of April, which includes the 2.25% bonus calculated from your January earnings.
Bonus Details:
- Basis of Bonus: The bonus is calculated based on the earnings paid out to you by Ezoic. Note that this does not include mediation earnings, which are paid out via AdSense.
- Timing of Payout: The bonus is paid out along with your earnings. For example, January earnings of $10,000 with a net 60 bonus of 1.5% would result in a total payout of $10,150 at the end of March.
- Reporting of Bonus: To facilitate the ability to switch between payment terms, the bonus will show up in your payment history as it is earned. For example, if you select net 90, a 1.5% bonus will appear after the first month, and the remaining 0.75% after the second month, and both will be paid out at the end of the third month. This ensures accurate bonus tracking even if you switch payment terms mid-cycle.
These flexible payment options and bonuses are designed to provide you with additional control and financial benefits, enhancing your overall experience with Ezoic.