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Net 30/60/90 Payment Terms
Informational/Resource

Net 30/60/90 Payment Terms

Last Updated a month ago
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Introduction
Overview
Tips and Best Practices

Introduction

Welcome to the Ezoic payment terms guide! In this article, you'll discover the various payment options available for receiving your earnings through the Ezoic dashboard. We'll cover the different payment terms—Net 30, Net 60, and Net 90—and explain how each option works, including the bonus incentives you can earn based on your monthly revenue. We'll also address common questions about switching between payment terms, how bonus amounts are calculated, and when you can expect to see these bonuses in your payment history. By the end of this article, you'll have a clear understanding of how to optimize your payment schedule to best suit your needs.

Overview

With the introduction of net 30, net 60, and net 90 payment terms, you now have more flexible options for receiving your payouts.

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.

Tips and Best Practices

To optimize your experience with the new payment terms, consider the following best practices and tips:

  1. Evaluate Your Cash Flow Needs: Before selecting a payment term, assess your cash flow requirements. If immediate access to funds is crucial, net 30 might be the best option. However, if your cash flow allows for more flexibility, opting for net 60 or net 90 can provide you with additional bonuses.
  2. Monitor Bonus Calculations: Keep an eye on how bonuses are calculated and paid out. Understanding that bonuses are based on earnings paid out by Ezoic (excluding mediation) will help you manage expectations.
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