Impact Radius is one of the biggest and my personal favourite affiliate marketing networks that is very popular and trustworthy.
Let me tell you that I am working on this Impact network and Alhamdulillah I am able to earn money from it through affiliate marketing and sponsorship.
So, if are also an Impact affiliate member, then you may be also searching the Impact Radius Payment Methods, through which you can easily withdraw your payment directly to your bank account.
If I am right, then let me make you sure that, here in this article I am going to talk in detail about the payment methods of Impact radius.
Along with this, I will also tell you about the Impact Radius TAX Form, as without filling the TAX Form, you won’t be able to withdraw your money.
Also, I will also try to explain to you the commission system of this network, which is very necessary for you to understand.
So, let us understand all these things in detail and practically.
Why Read this post?
- Payment methods of Impact Radius
- Impact Payment frequency
- Impact Radius TAX Form
- Impact Radius commission system
Finding Payment Methods section:
In order to withdraw your payment or to know about the payment methods, all you need to do is simply log in to your Impact affiliate account.
Then you need to come to the main affiliate home page, where you can set all these things.
For this, you simply need to come to the Bank Account section, which you will be able to see under the balance section.
After coming to this page, now you will be able to see 2 payment modes.
Impact Radius Payment Methods (2 Methods)
As you all know that PayPal is one of the best and secure payment gateway, which you can use to receive as well as send money internationally.
PayPal is used by many affiliate programs or networks to pay their affiliates, hence it is used by many people to withdraw their payment.
So here, in this case, PayPal is one of the best Impact Radius Payment Methods, that will allow you to withdraw your payment from it, easily.
So, if you want to withdraw your Payment via PayPal, all you need to do is simply visit the bank account section.
There you will be able to see the option of PayPal, the simple that you need to do is enter your email address that is associated with your PayPal account.
Let me also tell you that, in order to withdraw my payment from this network, I personally use PayPal and my experience was great.
When the payment is issued by Impact, it took hardly an hour for the payment to come into my PayPal dashboard.
Once the payment is in PayPal, it takes around 24 hours to arrive at my bank. Hence, it is as simple as this.
Hence, if you want to withdraw your affiliate marketing payment from Impact, you can even choose this safe and secure method.
NOTE: Impact will charge 2% of your total payment if you choose PayPal as a mode of payment.
2. EFT (Electronic Fund Tranasfer)
EFT simply means Electronic Fund Transfer or Direct Bank Transfer.
In this payment method of Impact Radius, all you need to do is simply provide them with your bank details.
For this, all you need to do is simply, again come in the bank account section, there you will find this method, which is of EFT.
There they will ask you for some important information, such as bank account number, routing number, account type etc.
You need to fill in all those info properly, by double-checking them.
Well, in the case of routing number you can search on Google, it depends on your bank. Hence, you will easily get that by finding it on Google.
Else, you can visit your bank branch to get the routing number.
NOTE: It may take up to 5-7 business days for the payment to arrive in your bank account if this EFT payment method is chosen.
Read more- FlexOffers Payment Methods
Impact Radius Payment Threshold
Now is the time to discuss the Impact Radius Payment Threshold.
The Threshold is the minimum amount that you need to reach in order to withdraw your payment.
As you that every affiliate marketing network has its own payment threshold, hence in all those networks, Impact has the minimum threshold, which is the best part I like about it.
There are basically two types of thresholds over this network, one is the amount threshold and the other is the fixed date threshold.
So, let us learn about these in detail.
1. Minimum amount
In order to withdraw your payment from Impact Radius, you first need to choose the threshold amount.
For this, you just need to come over to the bank account page.
So here, in this case, the minimum is $10 and the maximum is $10000, hence it is up to you, which one you want to go with.
For example: If you have chosen $10 as the threshold amount, so if your affiliate dashboard balance reached $10, then Impact will automatically release your payment to your chosen payment method.
This is the simplest way, through which you can get your payment quickly.
2. Fixed date
The alternative threshold method is to choose the fixed date, on which you want to get paid by the Impact Radius.
Here, in this case, there are only two dates available, either 1st or 15th, so all you need to do is simply choose any one date.
For example: If you have chosen the 15th date, it means that your payment will be released by the Impact on the 15th of every payment.
Hence, this is another easy way to get the Impact Radius payment.
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Impact Radius TAX Form
After setting up the Impact Radius Payment Methods, the next and the most important work that you have to do is to fill the TAX Form on Impact.
If you will not fill this form, then you will not be able to withdraw your payment, hence it is compulsory.
In the TAX Form, you need to fill in some basic information such as your PAN Card, address, state, citizenship, country etc.
So, let us see that where and how you can fill the Impact TAX Form properly.
Firstly, you need to come to the TAX Documents page, which is under the balance section.
Step:1 Choose the Form type
In order to begin filling in the TAX Form, the very first step that you need to do is simply choose the type of form, that you need to fill.
The form type depends on the country in which you live.
So, as per my country, that is India, I have chosen the W8-BEN Form type, so you need to find your type.
After choosing the type, all you have to do is just follow that continue button.
Step:2 Fill in all the Informations
After following that button, you will be navigated to this page, where you have to start filling in all the pieces of information.
As you can see in the above image, there you need to fill in your permanent address, county, state, Foreign TAX Identifying number which is nothing but your PAN card.
After providing them with all these pieces of information, you simply need to scroll down and there you will be able to see the signature section.
Here, in this case, you have to provide them with your digital signature.
So for this, you have to create your own digital signature and then upload that file in this section.
In order to create a digital signature, you have to visit Canva, then there you need to create a blank page and then type your full name and simply choose a signature font style.
After finishing up the design, you have to download that digital signature.
It is as simple as this.
After doing this step, all you need to do is simply click on the Finish button, which is at the top of the form page.
Once you are done with this, it means that you have successfully filled the Impact Radius TAX Form.
NOTE: If you want to make any changes or want to re-submit the form, you can even do this, by visiting the same form page.
Understanding Impact commission system
Understanding the commission system of the Impact Radius is very important, hence let me explain you in detail.
At your affiliate dashboard, you will be able to see some options or sections that tell you about your affiliate links click, affiliate sales or leads etc.
But, have you ever noticed that there are 3 sections, in which your commission comes, which is upcoming, approved and available balance.
To be a pro-affiliate marketer on Impact, you need to understand all these sections properly.
If you have made any sales or leads, its commission simply comes in the upcoming part.
It means that the commission that you have earned by promoting an affiliate program of Impact, is currently under review and that brand will review your commission.
The review time for every brand is different, hence your commission will be reviewed on that date, basically, this date is known as the locking date.
In order to know this date of a brand, you simply need to come to the Pending actions page, which is also under the balance section.
NOTE: On the Impact dashboard, it takes around 1-2 days for the data to get updated for a particular date.
When the upcoming balance is reviewed, simply comes to the approved balance, which means that your commission has been successfully approved and has no issue with it.
Once the commission is in the approved section, it also takes time to come in the available balance.
Your approved commission will be added to the available balance section on a date that is scheduled by that particular brand.
Hence, you need to wait for some more days, usually, it takes almost 1 month.
3. Available Balance
When your approved commission is in the available balance section, let me tell you that finally it ready to be released to your account.
If the commission in this section reaches the threshold, your payment will be released by the Impact, within a few hours.
FAQs ‘Impact Radius Payment Methods’
1. How do I withdraw payment from Impact Radius?
In order to withdraw your money or payment from the Impact, all you have to do is simply first set the threshold, then you need to choose your payment method.
There are only 2 modes of payment:
2. Electronic Fund Transfer (EFT)
2. How do I become an affiliate of Impact?
In order to become an Impact affiliate, you simply need to do apply for it by filling the application form, which is very easy.
It will take, hardly 5 minutes for you to complete the application.
Know- How to join the Impact Radius Affiliate Marketing Network
3. How long does it take to get approved on Impact?
Impact Radius says that they will review your application within 72 hours and will confirm you via email.
But, according to my experience, sometimes it may take around 8-14 days to review an application.
Hence, all you need to do is wait.
4. Is impact a good affiliate network?
If you ask me, then I should say that it is the best affiliate marketing network and it is also my favourite.
It is very easy to work and earn from this network as there are many high paying or instant approval affiliate programs.
Hence, I will also recommend you to join it.
5. How much does it cost to join Impact?
It cost $0 to join and become an affiliate of Impact.
All you need to do by your side is simply fill the application form and apply to join it, then they will first review your application.
So this was the complete detailed article on the Impact Radius Payment Methods, that I promised you to give at the beginning of this article.
Hence, I kept my promise.
I hope that you have understood this whole process completely and has no doubts left.
So, now you are ready to add your own payment method on the Impact, in order to withdraw your affiliate marketing earnings.